Cyanotech Corporation (CYAN) — Tangible Net Worth Ratio
Cyanotech Corporation (CYAN) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($7.84 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 how fast is Cyanotech Corporation growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cyanotech Corporation Tangible Net Worth Ratio (1991–2025)
This chart shows how Cyanotech Corporation's Tangible Net Worth Ratio has changed across 35 annual periods from 1991 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of $7.84 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see CYAN company net worth.
Annual Tangible Net Worth Ratio for Cyanotech Corporation (1991–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Cyanotech Corporation from 1991 to 2025, covering 35 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. Explore CYAN capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $8.88 Million | $0.00 | $23.49 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $11.81 Million | $0.00 | $25.11 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $16.35 Million | $0.00 | $29.73 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $19.49 Million | $0.00 | $32.05 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $17.04 Million | $0.00 | $30.88 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $15.85 Million | $0.00 | $31.79 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $14.91 Million | $0.00 | $29.63 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $18.11 Million | $0.00 | $29.71 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $16.61 Million | $0.00 | $29.16 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $17.83 Million | $0.00 | $31.15 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $21.48 Million | $0.00 | $30.91 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $20.85 Million | $0.00 | $30.31 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $20.23 Million | $0.00 | $28.59 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $15.27 Million | $0.00 | $19.04 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $11.11 Million | $0.00 | $13.86 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $9.12 Million | $0.00 | $12.15 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $7.77 Million | $0.00 | $10.79 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $6.38 Million | $0.00 | $9.78 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $7.51 Million | $0.00 | $9.91 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $14.82 Million | $0.00 | $17.47 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $15.08 Million | $0.00 | $18.54 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $14.44 Million | $0.00 | $18.36 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $12.27 Million | $0.00 | $17.48 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $13.19 Million | $0.00 | $18.40 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $15.70 Million | $0.00 | $21.42 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $16.64 Million | $0.00 | $19.69 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $20.70 Million | $0.00 | $23.60 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $23.20 Million | $0.00 | $25.70 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $23.30 Million | $0.00 | $26.00 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $17.30 Million | $0.00 | $19.70 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $5.10 Million | $0.00 | $6.20 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $4.20 Million | $0.00 | $5.10 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $1.50 Million | $0.00 | $2.70 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $1.10 Million | $0.00 | $2.60 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $1.50 Million | $0.00 | $3.00 Million | — |