Fobi AI Inc Tangible Net Worth Ratio
Fobi AI Inc tangible net worth ratio. Fobi AI Inc (FOBI) has a Tangible Net Worth Ratio of 25.2% as of March 2024. This metric is calculated by deducting intangible assets (CA$1.95 Million) from net assets (CA$2.61 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 how strategically is Fobi AI Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Fobi AI Inc (2021–2023)
Tangible net worth ratio of Fobi AI Inc from 2021 to 2023. This chart shows how Fobi AI Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 25.2%, reflecting net assets of CA$2.61 Million with intangible assets of CA$1.95 Million CAD. See Fobi AI Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Fobi AI Inc Tangible Net Worth Ratio by Year (2021–2023)
Fobi AI Inc tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Fobi AI Inc from 2021 to 2023, covering 3 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 FOBI company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -11.6% | CA$2.57 Million | CA$2.87 Million | CA$4.98 Million | ▼ -43.8 pp |
| 2022 | 32.2% | CA$6.33 Million | CA$4.29 Million | CA$8.54 Million | ▼ -58.0 pp |
| 2021 | 90.2% | CA$10.70 Million | CA$1.05 Million | CA$11.68 Million | — |