Tikun Olam Cannbit Pharmaceuticals Ltd Tangible Net Worth Ratio

Latest as of June 2024: 100.0%

Tikun Olam Cannbit Pharmaceuticals Ltd tangible net worth ratio. Tikun Olam Cannbit Pharmaceuticals Ltd (TKUN) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (ILA0.00) from net assets (ILA5.94 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. Check Tikun Olam Cannbit Pharmaceuticals Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

ILA5.94 Million
ILA

Intangible Assets

ILA0.00
Goodwill, patents, brand value

Total Assets

ILA42.71 Million
ILA

Tangible Net Worth Ratio of Tikun Olam Cannbit Pharmaceuticals Ltd (2018–2023)

Tangible net worth ratio of Tikun Olam Cannbit Pharmaceuticals Ltd from 2018 to 2023. This chart shows how Tikun Olam Cannbit Pharmaceuticals Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at 100.0%, reflecting net assets of ILA5.94 Million with intangible assets of ILA0.00 ILA. See Tikun Olam Cannbit Pharmaceuticals Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tikun Olam Cannbit Pharmaceuticals Ltd Tangible Net Worth Ratio by Year (2018–2023)

Tikun Olam Cannbit Pharmaceuticals Ltd tangible net worth ratio by year from 2018 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Tikun Olam Cannbit Pharmaceuticals Ltd from 2018 to 2023, covering 6 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 live market cap and overall valuation, see TKUN stock market capitalisation.

Year Tangible NW Ratio Net Assets (ILA) Intangible Assets Total Assets Change (pp)
2023 44.5% ILA33.04 Million ILA18.34 Million ILA76.57 Million ▼ -24.8 pp
2022 69.3% ILA116.92 Million ILA35.89 Million ILA156.82 Million ▲ +3.3 pp
2021 66.0% ILA143.82 Million ILA48.90 Million ILA189.78 Million ▲ +5.0 pp
2020 61.0% ILA136.06 Million ILA53.10 Million ILA194.81 Million ▲ +18.4 pp
2019 42.6% ILA99.87 Million ILA57.30 Million ILA155.43 Million ▼ -57.4 pp
2018 100.0% ILA108.00K ILA0.00 ILA7.12 Million —
pp = percentage points