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. See Nextgen short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See Nextgen (NXGN) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Nextgen market cap and net worth.
| 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 | — |