Clean Seas Seafood Ltd. (CSS) — Tangible Net Worth Ratio

Latest as of June 2024: 95.4%

Clean Seas Seafood Ltd. (CSS) has a Tangible Net Worth Ratio of 95.4% as of June 2024. This metric is calculated by deducting intangible assets (Nkr2.83 Million) from net assets (Nkr61.98 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Clean Seas Seafood Ltd. (CSS) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.4%
Tangible equity / total equity

Net Assets (Equity)

Nkr61.98 Million
NOK

Intangible Assets

Nkr2.83 Million
Goodwill, patents, brand value

Total Assets

Nkr86.98 Million
NOK

Clean Seas Seafood Ltd. Tangible Net Worth Ratio (2005–2024)

This chart shows how Clean Seas Seafood Ltd.'s Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2024. As of June 2024, the ratio stands at 95.4%, reflecting net assets of Nkr61.98 Million with intangible assets of Nkr2.83 Million NOK. See Clean Seas Seafood Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Clean Seas Seafood Ltd. (2005–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Clean Seas Seafood Ltd. from 2005 to 2024, covering 20 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Clean Seas Seafood Ltd..

Year Tangible NW Ratio Net Assets (NOK) Intangible Assets Total Assets Change (pp)
2024 95.4% Nkr61.98 Million Nkr2.83 Million Nkr86.98 Million ▼ -1.3 pp
2023 96.8% Nkr87.05 Million Nkr2.83 Million Nkr109.16 Million ▲ +1.2 pp
2022 95.6% Nkr80.74 Million Nkr3.55 Million Nkr99.46 Million ▲ +1.0 pp
2021 94.5% Nkr68.53 Million Nkr3.74 Million Nkr102.00 Million ▼ -1.4 pp
2020 95.9% Nkr72.46 Million Nkr2.96 Million Nkr106.72 Million ▼ -0.1 pp
2019 96.0% Nkr73.54 Million Nkr2.96 Million Nkr93.94 Million ▲ +0.1 pp
2018 95.9% Nkr71.77 Million Nkr2.96 Million Nkr81.66 Million ▲ +1.8 pp
2017 94.1% Nkr51.55 Million Nkr3.03 Million Nkr57.66 Million ▲ +1.2 pp
2016 92.9% Nkr42.92 Million Nkr3.03 Million Nkr49.88 Million ▼ -1.2 pp
2015 94.2% Nkr51.90 Million Nkr3.03 Million Nkr54.54 Million ▲ +0.5 pp
2014 93.7% Nkr47.79 Million Nkr3.03 Million Nkr50.04 Million ▲ +6.7 pp
2013 87.0% Nkr23.28 Million Nkr3.03 Million Nkr29.20 Million ▼ -3.9 pp
2012 90.9% Nkr54.54 Million Nkr4.95 Million Nkr61.68 Million ▲ +9.2 pp
2011 81.8% Nkr83.71 Million Nkr15.27 Million Nkr91.89 Million ▼ -6.5 pp
2010 88.2% Nkr109.04 Million Nkr12.84 Million Nkr120.04 Million ▲ +2.6 pp
2009 85.6% Nkr73.64 Million Nkr10.59 Million Nkr123.14 Million ▼ -1.6 pp
2008 87.2% Nkr62.95 Million Nkr8.06 Million Nkr90.07 Million ▼ -1.8 pp
2007 89.0% Nkr26.60 Million Nkr2.92 Million Nkr40.57 Million ▼ -8.1 pp
2006 97.1% Nkr15.63 Million Nkr450.00K Nkr20.39 Million ▼ -2.9 pp
2005 100.0% Nkr697.20K Nkr0.00 Nkr3.38 Million
pp = percentage points