TUT Fitness Group Inc Tangible Net Worth Ratio
TUT Fitness Group Inc tangible net worth ratio. TUT Fitness Group Inc (GYM) has a Tangible Net Worth Ratio of 68.2% as of March 2024. This metric is calculated by deducting intangible assets (CA$6.57K) from net assets (CA$20.64K) 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 GYM capital-intensive asset ratio 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 TUT Fitness Group Inc (2021–2023)
Tangible net worth ratio of TUT Fitness Group Inc from 2021 to 2023. This chart shows how TUT Fitness Group Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 68.2%, reflecting net assets of CA$20.64K with intangible assets of CA$6.57K CAD. See how liquid is TUT Fitness Group Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
TUT Fitness Group Inc Tangible Net Worth Ratio by Year (2021–2023)
TUT Fitness Group Inc tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for TUT Fitness Group 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 GYM company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 96.8% | CA$290.24K | CA$9.22K | CA$707.21K | ▲ +35.1 pp |
| 2022 | 61.7% | CA$1.67 Million | CA$638.45K | CA$1.88 Million | ▼ -4.1 pp |
| 2021 | 65.8% | CA$3.51 Million | CA$1.20 Million | CA$3.97 Million | — |