Storage Drop Storage Technologies Ltd (STRG) — Tangible Net Worth Ratio
Storage Drop Storage Technologies Ltd (STRG) 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 (ILA2.59 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 STRG shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Storage Drop Storage Technologies Ltd Tangible Net Worth Ratio (2014–2021)
This chart shows how Storage Drop Storage Technologies Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2014 to 2021. As of June 2022, the ratio stands at 100.0%, reflecting net assets of ILA2.59 Million with intangible assets of ILA0.00 ILA. For live market cap and overall valuation, see Storage Drop Storage Technologies Ltd stock valuation.
Annual Tangible Net Worth Ratio for Storage Drop Storage Technologies Ltd (2014–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Storage Drop Storage Technologies Ltd from 2014 to 2021, covering 7 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 Storage Drop Storage Technologies Ltd financial flexibility index 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) |
|---|---|---|---|---|---|
| 2021 | 100.0% | ILA8.09 Million | ILA0.00 | ILA12.42 Million | ▲ +0.0 pp |
| 2020 | 100.0% | ILA3.73 Million | ILA1.27K | ILA12.19 Million | ▼ 0.0 pp |
| 2019 | 100.0% | ILA5.88 Million | ILA1.36K | ILA13.49 Million | ▼ 0.0 pp |
| 2018 | 100.0% | ILA12.18 Million | ILA0.00 | ILA16.50 Million | ▲ +73.7 pp |
| 2017 | 26.3% | ILA16.26 Million | ILA11.99 Million | ILA19.71 Million | ▼ -73.7 pp |
| 2016 | 100.0% | ILA577.00K | ILA0.00 | ILA2.38 Million | ▲ +0.0 pp |
| 2014 | 100.0% | ILA2.26 Million | ILA0.00 | ILA3.98 Million | — |