Can B Corp Tangible Net Worth Ratio

Latest as of September 2023: 55.3%

Can B Corp 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. Check CANB PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

55.3%
Tangible equity / total equity

Net Assets (Equity)

$219.60K
USD

Intangible Assets

$98.14K
Goodwill, patents, brand value

Total Assets

$13.08 Million
USD

Tangible Net Worth Ratio of Can B Corp (2011–2022)

Tangible net worth ratio of Can B Corp from 2011 to 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 Can B Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Can B Corp Tangible Net Worth Ratio by Year (2011–2022)

Can B Corp tangible net worth ratio by year from 2011 to 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 live market cap and overall valuation, see Can B Corp (CANB) market capitalisation.

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 —
pp = percentage points