NuGen Medical Devices Inc Tangible Net Worth Ratio
NuGen Medical Devices Inc 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. Check NuGen Medical Devices Inc strategic capital allocation 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 NuGen Medical Devices Inc (2021–2021)
Tangible net worth ratio of NuGen Medical Devices Inc from 2021 to 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 NuGen Medical Devices Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
NuGen Medical Devices Inc Tangible Net Worth Ratio by Year (2021–2021)
NuGen Medical Devices Inc tangible net worth ratio by year from 2021 to 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 live market cap and overall valuation, see market cap of NuGen Medical Devices Inc.
| 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 | — |