Bitcoin Well Inc (BTCW) — Tangible Net Worth Ratio
Bitcoin Well Inc (BTCW) has a Tangible Net Worth Ratio of -13.8% as of March 2022. This metric is calculated by deducting intangible assets (CA$4.55 Million) from net assets (CA$4.00 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 BTCW working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bitcoin Well Inc Tangible Net Worth Ratio (2021–2021)
This chart shows how Bitcoin Well Inc's Tangible Net Worth Ratio has changed across 1 annual periods from 2021 to 2021. As of March 2022, the ratio stands at -13.8%, reflecting net assets of CA$4.00 Million with intangible assets of CA$4.55 Million CAD. See BTCW defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Bitcoin Well Inc (2021–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Bitcoin Well Inc 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. For the full company profile including market capitalisation, see how much is Bitcoin Well Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 22.6% | CA$5.99 Million | CA$4.63 Million | CA$23.56 Million | — |