Clearmind Medicine Inc. Common Shares (CMND) — Tangible Net Worth Ratio
Clearmind Medicine Inc. Common Shares (CMND) has a Tangible Net Worth Ratio of 98.9% as of January 2026. This metric is calculated by deducting intangible assets ($94.55K) from net assets ($8.23 Million) 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. Also explore CMND net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Clearmind Medicine Inc. Common Shares Tangible Net Worth Ratio (2017–2025)
This chart shows how Clearmind Medicine Inc. Common Shares's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2025. As of January 2026, the ratio stands at 98.9%, reflecting net assets of $8.23 Million with intangible assets of $94.55K USD. For live market cap and overall valuation, see how much is Clearmind Medicine Inc. Common Shares worth.
Annual Tangible Net Worth Ratio for Clearmind Medicine Inc. Common Shares (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Clearmind Medicine Inc. Common Shares from 2017 to 2025, covering 8 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. See CMND FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.8% | $1.19 Million | $97.36K | $6.08 Million | ▼ -4.7 pp |
| 2024 | 96.5% | $4.33 Million | $150.83K | $10.10 Million | ▲ +13.2 pp |
| 2023 | 83.3% | $983.47K | $164.03K | $5.95 Million | ▼ -12.6 pp |
| 2021 | 95.9% | $3.87 Million | $159.80K | $4.16 Million | ▼ -4.1 pp |
| 2020 | 100.0% | $374.78K | $0.00 | $384.81K | ▲ +0.0 pp |
| 2019 | 100.0% | $101.63K | $0.00 | $135.47K | ▲ +0.0 pp |
| 2018 | 100.0% | $182.24K | $0.00 | $188.06K | ▲ +0.0 pp |
| 2017 | 100.0% | $49.36K | $0.00 | $100.65K | — |