CoinSmart Financial Inc (SMRT) — Tangible Net Worth Ratio

Latest as of March 2023: 100.0%

CoinSmart Financial Inc (SMRT) has a Tangible Net Worth Ratio of 100.0% as of March 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$8.78 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 CoinSmart Financial Inc (SMRT) net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$8.78 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$69.78 Million
CAD

CoinSmart Financial Inc Tangible Net Worth Ratio (2020–2022)

This chart shows how CoinSmart Financial Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of March 2023, the ratio stands at 100.0%, reflecting net assets of CA$8.78 Million with intangible assets of CA$0.00 CAD. Also explore how fast is CoinSmart Financial Inc growing its equity to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for CoinSmart Financial Inc (2020–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for CoinSmart Financial Inc from 2020 to 2022, covering 3 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 CoinSmart Financial Inc market cap and net worth.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2022 100.0% CA$8.36 Million CA$0.00 CA$53.46 Million ▲ +0.0 pp
2021 100.0% CA$18.80 Million CA$0.00 CA$83.00 Million ▲ +0.0 pp
2020 100.0% CA$1.14 Million CA$0.00 CA$13.51 Million
pp = percentage points