NuGen Medical Devices Inc (NGMD) — Tangible Net Worth Ratio
NuGen Medical Devices Inc (NGMD) has a Tangible Net Worth Ratio of -520.4% as of March 2022. This metric is calculated by deducting intangible assets (CA$4.69 Million) from net assets (CA$756.09K) 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 NGMD net 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
NuGen Medical Devices Inc Tangible Net Worth Ratio (2021–2021)
This chart shows how NuGen Medical Devices Inc's Tangible Net Worth Ratio has changed across 1 annual periods from 2021 to 2021. As of March 2022, the ratio stands at -520.4%, reflecting net assets of CA$756.09K with intangible assets of CA$4.69 Million CAD. See NGMD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for NuGen Medical Devices Inc (2021–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for NuGen Medical Devices Inc from 2021 to 2021, 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 the full company profile including market capitalisation, see NuGen Medical Devices Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -202.5% | CA$1.66 Million | CA$5.02 Million | CA$8.84 Million | — |