icad inc (ICAD) — Tangible Net Worth Ratio
icad inc (ICAD) has a Tangible Net Worth Ratio of 99.7% as of March 2025. This metric is calculated by deducting intangible assets ($90.00K) from net assets ($30.79 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 icad inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
icad inc Tangible Net Worth Ratio (1988–2024)
This chart shows how icad inc's Tangible Net Worth Ratio has changed across 37 annual periods from 1988 to 2024. As of March 2025, the ratio stands at 99.7%, reflecting net assets of $30.79 Million with intangible assets of $90.00K USD. See icad inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for icad inc (1988–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for icad inc from 1988 to 2024, covering 37 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 market cap of icad inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.6% | $28.68 Million | $101.00K | $37.54 Million | ▲ +0.1 pp |
| 2023 | 99.6% | $33.42 Million | $148.00K | $41.42 Million | ▲ +0.9 pp |
| 2022 | 98.6% | $34.90 Million | $482.00K | $51.70 Million | ▲ +0.1 pp |
| 2021 | 98.5% | $46.52 Million | $683.00K | $62.19 Million | ▲ +1.4 pp |
| 2020 | 97.1% | $30.52 Million | $889.00K | $55.58 Million | ▲ +20.4 pp |
| 2019 | 76.7% | $5.07 Million | $1.18 Million | $41.75 Million | ▼ -0.9 pp |
| 2018 | 77.5% | $6.90 Million | $1.55 Million | $31.74 Million | ▼ -9.0 pp |
| 2017 | 86.5% | $14.28 Million | $1.93 Million | $32.13 Million | ▼ -0.8 pp |
| 2016 | 87.3% | $25.04 Million | $3.18 Million | $38.65 Million | ▲ +0.3 pp |
| 2015 | 86.9% | $32.75 Million | $4.27 Million | $48.64 Million | ▲ +14.8 pp |
| 2014 | 72.1% | $62.78 Million | $17.50 Million | $93.77 Million | ▲ +36.1 pp |
| 2013 | 36.0% | $21.38 Million | $13.67 Million | $58.92 Million | ▼ -8.9 pp |
| 2012 | 44.9% | $27.66 Million | $15.23 Million | $59.99 Million | ▼ -7.7 pp |
| 2011 | 52.7% | $36.05 Million | $17.06 Million | $51.76 Million | ▼ -18.4 pp |
| 2010 | 71.1% | $73.21 Million | $21.16 Million | $94.03 Million | ▼ -19.1 pp |
| 2009 | 90.2% | $66.31 Million | $6.48 Million | $73.41 Million | ▲ +1.6 pp |
| 2008 | 88.6% | $66.29 Million | $7.53 Million | $73.19 Million | ▼ -4.5 pp |
| 2007 | 93.2% | $48.85 Million | $3.33 Million | $61.73 Million | ▲ +1.6 pp |
| 2006 | 91.6% | $47.97 Million | $4.05 Million | $60.29 Million | ▲ +83.5 pp |
| 2005 | 8.0% | $52.73 Million | $48.49 Million | $61.53 Million | ▼ -5.0 pp |
| 2004 | 13.0% | $56.97 Million | $49.54 Million | $65.14 Million | ▲ +18.0 pp |
| 2003 | -5.0% | $47.90 Million | $50.28 Million | $62.66 Million | ▲ +0.7 pp |
| 2002 | -5.7% | $21.46 Million | $22.67 Million | $26.08 Million | ▼ -105.0 pp |
| 2001 | 99.4% | $2.04 Million | $12.89K | $4.16 Million | ▼ -0.4 pp |
| 2000 | 99.7% | $2.90 Million | $8.00K | $5.95 Million | ▼ -0.3 pp |
| 1999 | 100.0% | $3.00 Million | $0.00 | $5.70 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $2.30 Million | $0.00 | $6.40 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $3.40 Million | $0.00 | $7.10 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $4.10 Million | $0.00 | $12.80 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $8.50 Million | $0.00 | $18.50 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $13.60 Million | $0.00 | $21.60 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $12.50 Million | $0.00 | $18.10 Million | ▲ +3.1 pp |
| 1992 | 96.9% | $12.70 Million | $400.00K | $19.60 Million | ▼ -0.7 pp |
| 1991 | 97.6% | $8.20 Million | $200.00K | $15.10 Million | ▼ -0.9 pp |
| 1990 | 98.5% | $13.10 Million | $200.00K | $21.90 Million | ▲ +16.1 pp |
| 1989 | 82.4% | $15.30 Million | $2.70 Million | $23.10 Million | ▲ +25.4 pp |
| 1988 | 57.0% | $7.90 Million | $3.40 Million | $18.90 Million | — |