Fobi AI Inc (FOBI) — 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. See Fobi AI Inc net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Fobi AI Inc Tangible Net Worth Ratio (2021–2023)
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. Also explore FOBI year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Fobi AI Inc (2021–2023)
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 the full company profile including market capitalisation, see Fobi AI Inc market capitalisation.
| 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 | — |