Turbogen Chp (TURB) — Tangible Net Worth Ratio

Latest as of June 2022: 79.7%

Turbogen Chp (TURB) has a Tangible Net Worth Ratio of 79.7% as of June 2022. This metric is calculated by deducting intangible assets (ILA1.39K) from net assets (ILA6.85K) 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 net asset momentum of Turbogen Chp to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

79.7%
Tangible equity / total equity

Net Assets (Equity)

ILA6.85K
ILA

Intangible Assets

ILA1.39K
Goodwill, patents, brand value

Total Assets

ILA14.96K
ILA

Turbogen Chp Tangible Net Worth Ratio (2021–2021)

This chart shows how Turbogen Chp's Tangible Net Worth Ratio has changed across 1 annual periods from 2021 to 2021. As of June 2022, the ratio stands at 79.7%, reflecting net assets of ILA6.85K with intangible assets of ILA1.39K ILA. For live market cap and overall valuation, see how much is Turbogen Chp worth.

Annual Tangible Net Worth Ratio for Turbogen Chp (2021–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Turbogen Chp from 2021 to 2021, covering 1 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 TURB 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 87.6% ILA11.21K ILA1.39K ILA21.31K
pp = percentage points