Immunoprecise Antibodies Ltd (IPA) — Tangible Net Worth Ratio
Immunoprecise Antibodies Ltd (IPA) has a Tangible Net Worth Ratio of 95.5% as of April 2025. This metric is calculated by deducting intangible assets ($1.07 Million) from net assets ($23.63 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 net asset growth rate of Immunoprecise Antibodies Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Immunoprecise Antibodies Ltd Tangible Net Worth Ratio (1997–2025)
This chart shows how Immunoprecise Antibodies Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 1997 to 2025. As of April 2025, the ratio stands at 95.5%, reflecting net assets of $23.63 Million with intangible assets of $1.07 Million USD. For live market cap and overall valuation, see IPA stock market capitalisation.
Annual Tangible Net Worth Ratio for Immunoprecise Antibodies Ltd (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Immunoprecise Antibodies Ltd from 1997 to 2025, covering 25 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 Immunoprecise Antibodies Ltd (IPA) capital reinvestment 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 | 95.5% | $23.63 Million | $1.07 Million | $44.44 Million | ▲ +64.9 pp |
| 2024 | 30.6% | $33.92 Million | $23.56 Million | $59.99 Million | ▼ -15.9 pp |
| 2023 | 46.5% | $57.80 Million | $30.93 Million | $77.81 Million | ▼ -10.5 pp |
| 2022 | 57.0% | $75.28 Million | $32.39 Million | $93.49 Million | ▼ -32.4 pp |
| 2021 | 89.4% | $56.92 Million | $6.06 Million | $66.96 Million | ▲ +44.3 pp |
| 2020 | 45.1% | $15.09 Million | $8.29 Million | $27.26 Million | ▼ -8.3 pp |
| 2019 | 53.4% | $18.07 Million | $8.42 Million | $28.35 Million | ▼ -14.8 pp |
| 2018 | 68.2% | $12.70 Million | $4.04 Million | $24.58 Million | ▼ -31.8 pp |
| 2017 | 100.0% | $3.09 Million | $0.00 | $3.93 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $908.26K | $0.00 | $1.38 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $158.40K | $0.00 | $268.61K | ▲ +0.0 pp |
| 2010 | 100.0% | $5.43 Million | $0.00 | $5.53 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $6.78 Million | $0.00 | $6.93 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $5.12 Million | $0.00 | $5.16 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $5.43 Million | $0.00 | $5.84 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $3.91 Million | $0.00 | $4.05 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $4.23 Million | $0.00 | $4.28 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $1.39 Million | $0.00 | $1.44 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $867.54K | $0.00 | $897.07K | ▲ +0.0 pp |
| 2002 | 100.0% | $691.56K | $0.00 | $879.28K | ▲ +0.0 pp |
| 2001 | 100.0% | $262.24K | $0.00 | $1.16 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $396.53K | $0.00 | $406.64K | ▲ +0.0 pp |
| 1999 | 100.0% | $1.62 Million | $0.00 | $1.66 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $2.86 Million | $0.00 | $2.93 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $3.63 Million | $0.00 | $3.88 Million | — |