Olenox Industries Inc. (OLOX) — Tangible Net Worth Ratio
Olenox Industries Inc. (OLOX) has a Tangible Net Worth Ratio of 97.0% as of September 2025. This metric is calculated by deducting intangible assets ($757.58K) from net assets ($24.94 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 Olenox Industries Inc. book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Olenox Industries Inc. Tangible Net Worth Ratio (1997–2022)
This chart shows how Olenox Industries Inc.'s Tangible Net Worth Ratio has changed across 19 annual periods from 1997 to 2022. As of September 2025, the ratio stands at 97.0%, reflecting net assets of $24.94 Million with intangible assets of $757.58K USD. Also explore Olenox Industries Inc. (OLOX) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Olenox Industries Inc. (1997–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Olenox Industries Inc. from 1997 to 2022, covering 19 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 Olenox Industries Inc. (OLOX) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 86.2% | $14.44 Million | $2.00 Million | $26.56 Million | ▼ -4.2 pp |
| 2021 | 90.4% | $21.72 Million | $2.10 Million | $34.92 Million | ▲ +2.4 pp |
| 2020 | 88.0% | $18.44 Million | $2.22 Million | $26.88 Million | ▲ +40.7 pp |
| 2019 | 47.3% | $4.36 Million | $2.30 Million | $6.63 Million | ▼ -18.2 pp |
| 2018 | 65.5% | $7.08 Million | $2.44 Million | $11.04 Million | ▼ -8.2 pp |
| 2017 | 73.7% | $11.53 Million | $3.03 Million | $15.35 Million | ▲ +39.8 pp |
| 2016 | 34.0% | $5.43 Million | $3.59 Million | $8.74 Million | ▼ -66.0 pp |
| 2008 | 100.0% | $8.05K | $0.00 | $19.70K | ▲ +0.0 pp |
| 2007 | 100.0% | $43.64K | $0.00 | $50.29K | ▲ +0.0 pp |
| 2006 | 100.0% | $54.44K | $0.00 | $62.04K | ▲ +0.0 pp |
| 2005 | 100.0% | $86.48K | $0.00 | $93.48K | ▲ +0.0 pp |
| 2004 | 100.0% | $126.10K | $0.00 | $133.45K | ▲ +0.0 pp |
| 2003 | 100.0% | $168.96K | $0.00 | $182.48K | ▲ +0.0 pp |
| 2002 | 100.0% | $200.98K | $0.00 | $215.09K | ▲ +0.0 pp |
| 2001 | 100.0% | $250.36K | $0.00 | $284.19K | ▲ +0.0 pp |
| 2000 | 100.0% | $199.06K | $0.00 | $271.69K | ▲ +11.4 pp |
| 1999 | 88.6% | $397.40K | $45.49K | $538.44K | ▲ +3.1 pp |
| 1998 | 85.4% | $3.07 Million | $447.93K | $3.25 Million | ▼ -14.6 pp |
| 1997 | 100.0% | $4.63 Million | $0.00 | $4.86 Million | — |