Can B Corp (CANB) — Tangible Net Worth Ratio
Can B Corp (CANB) has a Tangible Net Worth Ratio of 55.3% as of September 2023. This metric is calculated by deducting intangible assets ($98.14K) from net assets ($219.60K) 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 working capital to net assets of Can B Corp to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Can B Corp Tangible Net Worth Ratio (2011–2022)
This chart shows how Can B Corp's Tangible Net Worth Ratio has changed across 10 annual periods from 2011 to 2022. As of September 2023, the ratio stands at 55.3%, reflecting net assets of $219.60K with intangible assets of $98.14K USD. See how many days can Can B Corp fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Can B Corp (2011–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Can B Corp from 2011 to 2022, covering 10 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 Can B Corp (CANB) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 96.0% | $2.70 Million | $107.14K | $15.56 Million | ▲ +2.6 pp |
| 2021 | 93.4% | $5.62 Million | $369.01K | $16.47 Million | ▲ +9.5 pp |
| 2020 | 83.9% | $3.26 Million | $523.01K | $5.69 Million | ▲ +0.5 pp |
| 2019 | 83.4% | $6.37 Million | $1.06 Million | $6.93 Million | ▼ -16.6 pp |
| 2018 | 100.0% | $3.49 Million | $0.00 | $3.69 Million | ▲ +29.5 pp |
| 2015 | 70.5% | $99.99K | $29.45K | $142.78K | ▼ -25.9 pp |
| 2014 | 96.4% | $98.82K | $3.55K | $270.84K | ▲ +2.7 pp |
| 2013 | 93.7% | $61.42K | $3.89K | $180.20K | ▲ +6.0 pp |
| 2012 | 87.6% | $34.72K | $4.29K | $271.05K | ▼ -12.0 pp |
| 2011 | 99.6% | $1.18 Million | $4.70K | $1.39 Million | — |