CoinSmart Financial Inc (SMRT) — Tangible Net Worth Ratio
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. Also explore CoinSmart Financial Inc equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. For live market cap and overall valuation, see SMRT market cap overview.
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. Explore how much does CoinSmart Financial Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |