Ngenic AB (NGENIC) — Tangible Net Worth Ratio

Latest as of March 2024: -526.4%

Ngenic AB (NGENIC) has a Tangible Net Worth Ratio of -526.4% as of March 2024. This metric is calculated by deducting intangible assets (Skr46.85 Million) from net assets (Skr7.48 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 NGENIC net asset value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

-526.4%
Tangible equity / total equity

Net Assets (Equity)

Skr7.48 Million
SEK

Intangible Assets

Skr46.85 Million
Goodwill, patents, brand value

Total Assets

Skr74.72 Million
SEK

Ngenic AB Tangible Net Worth Ratio (2018–2023)

This chart shows how Ngenic AB's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of March 2024, the ratio stands at -526.4%, reflecting net assets of Skr7.48 Million with intangible assets of Skr46.85 Million SEK. Also explore net asset growth rate of Ngenic AB to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Ngenic AB (2018–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Ngenic AB from 2018 to 2023, covering 6 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 Ngenic AB market cap and net worth.

Year Tangible NW Ratio Net Assets (SEK) Intangible Assets Total Assets Change (pp)
2023 -50.1% Skr18.03 Million Skr27.06 Million Skr78.09 Million ▼ -91.2 pp
2022 41.1% Skr38.62 Million Skr22.75 Million Skr76.02 Million ▼ -11.8 pp
2021 52.8% Skr37.98 Million Skr17.91 Million Skr64.43 Million ▲ +193.9 pp
2020 -141.0% Skr5.30 Million Skr12.79 Million Skr24.73 Million ▲ +291.6 pp
2019 -432.7% Skr2.33 Million Skr12.41 Million Skr21.22 Million ▼ -532.7 pp
2018 100.0% Skr8.14 Million Skr0.00 Skr20.32 Million
pp = percentage points