Coda Octopus Group Inc (CODA) — Tangible Net Worth Ratio
Coda Octopus Group Inc (CODA) has a Tangible Net Worth Ratio of 94.9% as of January 2026. This metric is calculated by deducting intangible assets ($3.08 Million) from net assets ($60.19 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. See Coda Octopus Group Inc (CODA) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Coda Octopus Group Inc Tangible Net Worth Ratio (2005–2025)
This chart shows how Coda Octopus Group Inc's Tangible Net Worth Ratio has changed across 16 annual periods from 2005 to 2025. As of January 2026, the ratio stands at 94.9%, reflecting net assets of $60.19 Million with intangible assets of $3.08 Million USD. See CODA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Coda Octopus Group Inc (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Coda Octopus Group Inc from 2005 to 2025, covering 16 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 Coda Octopus Group Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.5% | $58.12 Million | $3.18 Million | $64.49 Million | ▲ +1.5 pp |
| 2024 | 93.1% | $53.13 Million | $3.69 Million | $57.54 Million | ▼ -5.9 pp |
| 2023 | 99.0% | $48.43 Million | $486.62K | $51.84 Million | ▲ +0.0 pp |
| 2022 | 99.0% | $43.38 Million | $442.29K | $46.93 Million | ▼ 0.0 pp |
| 2021 | 99.0% | $41.05 Million | $412.27K | $45.47 Million | ▲ +0.0 pp |
| 2020 | 99.0% | $34.40 Million | $349.34K | $38.04 Million | ▼ -0.3 pp |
| 2019 | 99.2% | $30.63 Million | $230.78K | $34.33 Million | ▲ +0.2 pp |
| 2018 | 99.0% | $24.39 Million | $231.84K | $28.74 Million | ▲ +0.5 pp |
| 2017 | 98.5% | $13.83 Million | $207.17K | $24.06 Million | ▲ +9.5 pp |
| 2015 | 89.0% | $4.26 Million | $467.55K | $21.88 Million | ▲ +5.8 pp |
| 2014 | 83.2% | $2.70 Million | $453.42K | $21.19 Million | ▲ +17.3 pp |
| 2013 | 65.9% | $899.80K | $306.86K | $20.11 Million | ▲ +79.2 pp |
| 2008 | -13.3% | $646.19K | $732.45K | $17.04 Million | ▼ -63.7 pp |
| 2007 | 50.4% | $8.08 Million | $4.01 Million | $13.58 Million | ▼ -49.6 pp |
| 2006 | 100.0% | $285.16K | $0.00 | $6.93 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $488.67K | $0.00 | $6.03 Million | — |