Artego Tg. Jiu (ARTE) — Tangible Net Worth Ratio

Latest as of September 2024: 100.0%

Artego Tg. Jiu (ARTE) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets (RON0.00) from net assets (RON94.58 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. Also explore Artego Tg. Jiu equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

RON94.58 Million
RON

Intangible Assets

RON0.00
Goodwill, patents, brand value

Total Assets

RON119.61 Million
RON

Artego Tg. Jiu Tangible Net Worth Ratio (2020–2023)

This chart shows how Artego Tg. Jiu's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of RON94.58 Million with intangible assets of RON0.00 RON. For live market cap and overall valuation, see how much is Artego Tg. Jiu worth.

Annual Tangible Net Worth Ratio for Artego Tg. Jiu (2020–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Artego Tg. Jiu from 2020 to 2023, covering 4 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.

Year Tangible NW Ratio Net Assets (RON) Intangible Assets Total Assets Change (pp)
2023 93.7% RON99.01 Million RON6.21 Million RON131.82 Million ▲ +1.5 pp
2022 92.2% RON93.53 Million RON7.27 Million RON136.90 Million ▲ +2.3 pp
2021 90.0% RON87.54 Million RON8.77 Million RON137.30 Million ▲ +2.2 pp
2020 87.8% RON86.20 Million RON10.50 Million RON125.04 Million
pp = percentage points