Group Nine Acquisition Net Tangible Assets

Group Nine Acquisition posts a net tangible assets of $-12M as of September 2022. That compares with $210M in the prior-year period — down 105.5% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Group Nine Acquisition's net tangible assets was $210M. The latest reading is $-12M — a 105.5% year-over-year decrease (period ending September 2022). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Group Nine Acquisition's financial statement story. At $-12M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for GNAC's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Group Nine Acquisition's other metric pages and overview cover the third.