Nextage Therapeutics Ltd (NXTG) — Tangible Net Worth Ratio
Nextage Therapeutics Ltd (NXTG) has a Tangible Net Worth Ratio of 100.0% as of June 2022. This metric is calculated by deducting intangible assets (ILA0.00) from net assets (ILA2.36 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 what is Nextage Therapeutics Ltd's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nextage Therapeutics Ltd Tangible Net Worth Ratio (2017–2021)
This chart shows how Nextage Therapeutics Ltd's Tangible Net Worth Ratio has changed across 4 annual periods from 2017 to 2021. As of June 2022, the ratio stands at 100.0%, reflecting net assets of ILA2.36 Million with intangible assets of ILA0.00 ILA. Also explore net asset momentum of Nextage Therapeutics Ltd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Nextage Therapeutics Ltd (2017–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Nextage Therapeutics Ltd from 2017 to 2021, 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. For the full company profile including market capitalisation, see Nextage Therapeutics Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 100.0% | ILA516.00K | ILA0.00 | ILA4.27 Million | ▲ +90.9 pp |
| 2020 | 9.1% | ILA1.45 Million | ILA1.32 Million | ILA4.07 Million | ▼ -67.7 pp |
| 2019 | 76.8% | ILA3.66 Million | ILA847.00K | ILA6.01 Million | ▲ +98.4 pp |
| 2017 | -21.5% | ILA4.44 Million | ILA5.39 Million | ILA12.39 Million | — |