Storage Drop Storage Technologies Ltd (STRG) — Tangible Net Worth Ratio

Latest as of June 2022: 100.0%

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. See working capital to net assets of Storage Drop Storage Technologies Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

ILA2.59 Million
ILA

Intangible Assets

ILA0.00
Goodwill, patents, brand value

Total Assets

ILA5.52 Million
ILA

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. See Storage Drop Storage Technologies Ltd (STRG) liquidity interval to measure how many days the company can operate on defensive assets alone.

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. For the full company profile including market capitalisation, see Storage Drop Storage Technologies Ltd (STRG) market capitalisation.

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
pp = percentage points