Tucows Inc. (TC) — Net Asset Quality Index
Tucows Inc. (TC) has a Net Asset Quality Index of -24.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$727.37 Million minus total liabilities of CA$908.23 Million yields net assets of CA$-180.86 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of Tucows Inc. to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tucows Inc. Net Asset Quality Index Over Time (1996–2025)
This chart shows how Tucows Inc.'s Net Asset Quality Index has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the index stands at -24.9%, representing net assets of CA$-180.86 Million against total assets of CA$727.37 Million CAD. See TC net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tucows Inc. (1996–2025)
The table below presents the year-by-year Net Asset Quality Index for Tucows Inc. from 1996 to 2025, covering 30 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see TC company net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -21.0% | CA$-164.20 Million | CA$782.37 Million | CA$946.57 Million | ▼ -8.4 pp |
| 2024 | -12.6% | CA$-95.30 Million | CA$758.80 Million | CA$854.10 Million | ▼ -13.8 pp |
| 2023 | 1.2% | CA$9.88 Million | CA$798.43 Million | CA$788.55 Million | ▼ -13.3 pp |
| 2022 | 14.5% | CA$96.66 Million | CA$664.75 Million | CA$568.09 Million | ▼ -6.8 pp |
| 2021 | 21.3% | CA$115.09 Million | CA$539.60 Million | CA$424.50 Million | ▼ -1.8 pp |
| 2020 | 23.2% | CA$104.70 Million | CA$451.90 Million | CA$347.20 Million | ▲ +1.1 pp |
| 2019 | 22.1% | CA$94.19 Million | CA$425.92 Million | CA$331.72 Million | ▼ -1.4 pp |
| 2018 | 23.5% | CA$79.78 Million | CA$339.57 Million | CA$259.80 Million | ▲ +6.3 pp |
| 2017 | 17.2% | CA$60.21 Million | CA$350.65 Million | CA$290.44 Million | ▼ -7.3 pp |
| 2016 | 24.5% | CA$37.82 Million | CA$154.41 Million | CA$116.60 Million | ▲ +4.1 pp |
| 2015 | 20.4% | CA$26.33 Million | CA$129.13 Million | CA$102.80 Million | ▼ -7.9 pp |
| 2014 | 28.3% | CA$35.64 Million | CA$125.80 Million | CA$90.15 Million | ▲ +6.2 pp |
| 2013 | 22.2% | CA$26.92 Million | CA$121.35 Million | CA$94.44 Million | ▼ -0.2 pp |
| 2012 | 22.4% | CA$26.55 Million | CA$118.77 Million | CA$92.22 Million | ▼ -3.9 pp |
| 2011 | 26.3% | CA$30.42 Million | CA$115.69 Million | CA$85.27 Million | ▲ +2.7 pp |
| 2010 | 23.6% | CA$23.92 Million | CA$101.48 Million | CA$77.56 Million | ▼ -6.3 pp |
| 2009 | 29.9% | CA$31.10 Million | CA$104.14 Million | CA$73.04 Million | ▲ +7.6 pp |
| 2008 | 22.2% | CA$21.45 Million | CA$96.52 Million | CA$75.07 Million | ▲ +2.9 pp |
| 2007 | 19.3% | CA$19.35 Million | CA$100.04 Million | CA$80.69 Million | ▼ -2.6 pp |
| 2006 | 21.9% | CA$18.54 Million | CA$84.67 Million | CA$66.12 Million | ▼ -1.0 pp |
| 2005 | 22.9% | CA$13.09 Million | CA$57.06 Million | CA$43.97 Million | ▲ +7.2 pp |
| 2004 | 15.8% | CA$7.46 Million | CA$47.30 Million | CA$39.85 Million | ▲ +13.3 pp |
| 2003 | 2.5% | CA$866.12K | CA$35.34 Million | CA$34.47 Million | ▲ +7.2 pp |
| 2002 | -4.7% | CA$-1.36 Million | CA$28.85 Million | CA$30.21 Million | ▲ +8.5 pp |
| 2001 | -13.2% | CA$-3.39 Million | CA$25.59 Million | CA$28.98 Million | ▼ -92.1 pp |
| 2000 | 78.8% | CA$12.45 Million | CA$15.80 Million | CA$3.34 Million | ▲ +2.8 pp |
| 1999 | 76.1% | CA$22.90 Million | CA$30.10 Million | CA$7.20 Million | ▲ +108.4 pp |
| 1998 | -32.4% | CA$-3.30 Million | CA$10.20 Million | CA$13.50 Million | ▼ -88.2 pp |
| 1997 | 55.9% | CA$10.50 Million | CA$18.80 Million | CA$8.30 Million | ▼ -35.9 pp |
| 1996 | 91.7% | CA$27.70 Million | CA$30.20 Million | CA$2.50 Million | — |