Nextgen (NXGN) — Tangible Net Worth Ratio
Nextgen (NXGN) has a Tangible Net Worth Ratio of 100.0% as of June 2023. This metric is calculated by deducting intangible assets (ILA1.60K) from net assets (ILA10.16 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 Nextgen 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
Nextgen Tangible Net Worth Ratio (2008–2022)
This chart shows how Nextgen's Tangible Net Worth Ratio has changed across 13 annual periods from 2008 to 2022. As of June 2023, the ratio stands at 100.0%, reflecting net assets of ILA10.16 Million with intangible assets of ILA1.60K ILA. For live market cap and overall valuation, see NXGN market cap overview.
Annual Tangible Net Worth Ratio for Nextgen (2008–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Nextgen from 2008 to 2022, covering 13 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. See Nextgen free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | ILA12.25 Million | ILA1.55K | ILA14.89 Million | ▲ +0.0 pp |
| 2021 | 100.0% | ILA20.71 Million | ILA7.29K | ILA23.63 Million | ▼ 0.0 pp |
| 2020 | 100.0% | ILA6.87 Million | ILA0.00 | ILA8.32 Million | ▲ +0.0 pp |
| 2019 | 100.0% | ILA1.17 Million | ILA0.00 | ILA1.93 Million | ▲ +0.0 pp |
| 2018 | 100.0% | ILA2.39 Million | ILA0.00 | ILA3.12 Million | ▲ +0.0 pp |
| 2017 | 100.0% | ILA3.66 Million | ILA0.00 | ILA4.35 Million | ▲ +0.0 pp |
| 2016 | 100.0% | ILA5.13 Million | ILA0.00 | ILA5.99 Million | ▲ +0.0 pp |
| 2015 | 100.0% | ILA1.74 Million | ILA0.00 | ILA2.47 Million | ▲ +0.0 pp |
| 2013 | 100.0% | ILA342.00K | ILA0.00 | ILA1.38 Million | ▲ +0.0 pp |
| 2012 | 100.0% | ILA2.39 Million | ILA0.00 | ILA2.50 Million | ▲ +0.0 pp |
| 2011 | 100.0% | ILA2.76 Million | ILA0.00 | ILA2.94 Million | ▲ +47.2 pp |
| 2010 | 52.8% | ILA6.88 Million | ILA3.25 Million | ILA7.38 Million | ▲ +20.5 pp |
| 2008 | 32.4% | ILA4.80 Million | ILA3.25 Million | ILA5.03 Million | — |