Ngenic AB (NGENIC) — Tangible Net Worth Ratio
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. Also explore NGENIC net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. For live market cap and overall valuation, see Ngenic AB market capitalisation.
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. Explore Ngenic AB (NGENIC) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |