Kovo Healthtech Corp (KOVO) — Tangible Net Worth Ratio
Kovo Healthtech Corp (KOVO) has a Tangible Net Worth Ratio of -194.7% as of September 2023. This metric is calculated by deducting intangible assets (CA$4.17 Million) from net assets (CA$1.42 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. Also explore KOVO net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kovo Healthtech Corp Tangible Net Worth Ratio (2022–2022)
This chart shows how Kovo Healthtech Corp's Tangible Net Worth Ratio has changed across 1 annual periods from 2022 to 2022. As of September 2023, the ratio stands at -194.7%, reflecting net assets of CA$1.42 Million with intangible assets of CA$4.17 Million CAD. For live market cap and overall valuation, see KOVO market cap overview.
Annual Tangible Net Worth Ratio for Kovo Healthtech Corp (2022–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Kovo Healthtech Corp from 2022 to 2022, 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. Explore KOVO capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -209.2% | CA$924.00K | CA$2.86 Million | CA$6.93 Million | — |