Kovo Healthtech Corp Tangible Net Worth Ratio
Kovo Healthtech Corp 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. Check KOVO 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 Kovo Healthtech Corp (2022–2022)
Tangible net worth ratio of Kovo Healthtech Corp from 2022 to 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. See KOVO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Kovo Healthtech Corp Tangible Net Worth Ratio by Year (2022–2022)
Kovo Healthtech Corp tangible net worth ratio by year from 2022 to 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. For live market cap and overall valuation, see Kovo Healthtech Corp market capitalisation.
| 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 | — |