Vision Marine Technologies Inc (VMAR) — Tangible Net Worth Ratio
Vision Marine Technologies Inc (VMAR) has a Tangible Net Worth Ratio of 91.9% as of May 2026. This metric is calculated by deducting intangible assets ($487.83K) from net assets ($6.03 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 Vision Marine Technologies Inc (VMAR) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vision Marine Technologies Inc Tangible Net Worth Ratio (2020–2025)
This chart shows how Vision Marine Technologies Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of May 2026, the ratio stands at 91.9%, reflecting net assets of $6.03 Million with intangible assets of $487.83K USD. For live market cap and overall valuation, see VMAR market cap.
Annual Tangible Net Worth Ratio for Vision Marine Technologies Inc (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Vision Marine Technologies Inc from 2020 to 2025, covering 6 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 Vision Marine Technologies Inc (VMAR) 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 | 94.3% | $6.15 Million | $350.32K | $50.90 Million | ▲ +23.2 pp |
| 2024 | 71.1% | $2.23 Million | $643.77K | $8.46 Million | ▼ -20.6 pp |
| 2023 | 91.7% | $8.61 Million | $713.06K | $17.84 Million | ▼ -3.7 pp |
| 2022 | 95.4% | $24.03 Million | $1.11 Million | $29.10 Million | ▼ -1.0 pp |
| 2021 | 96.3% | $33.53 Million | $1.23 Million | $38.80 Million | ▼ -3.7 pp |
| 2020 | 100.0% | $791.91K | $0.00 | $3.63 Million | — |