Hapbee Technologies Inc (HAPB) — Tangible Net Worth Ratio
Hapbee Technologies Inc (HAPB) has a Tangible Net Worth Ratio of -10241.8% as of December 2022. This metric is calculated by deducting intangible assets (CA$2.07 Million) from net assets (CA$20.02K) 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 Hapbee Technologies Inc (HAPB) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hapbee Technologies Inc Tangible Net Worth Ratio (2019–2022)
This chart shows how Hapbee Technologies Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2019 to 2022. As of December 2022, the ratio stands at -10241.8%, reflecting net assets of CA$20.02K with intangible assets of CA$2.07 Million CAD. See defensive interval ratio of Hapbee Technologies Inc to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hapbee Technologies Inc (2019–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Hapbee Technologies Inc from 2019 to 2022, covering 4 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 market value of Hapbee Technologies Inc.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -10241.8% | CA$20.02K | CA$2.07 Million | CA$2.80 Million | ▼ -10199.8 pp |
| 2021 | -42.0% | CA$1.61 Million | CA$2.28 Million | CA$6.29 Million | ▼ -29.9 pp |
| 2020 | -12.0% | CA$1.73 Million | CA$1.94 Million | CA$4.89 Million | ▼ -19.3 pp |
| 2019 | 7.2% | CA$1.89 Million | CA$1.76 Million | CA$2.48 Million | — |