Verano Holdings Corp (VRNO) — Tangible Net Worth Ratio
Verano Holdings Corp (VRNO) has a Tangible Net Worth Ratio of 18.5% as of June 2026. This metric is calculated by deducting intangible assets (CA$550.12 Million) from net assets (CA$674.71 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 VRNO 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
Verano Holdings Corp Tangible Net Worth Ratio (2021–2025)
This chart shows how Verano Holdings Corp's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 18.5%, reflecting net assets of CA$674.71 Million with intangible assets of CA$550.12 Million CAD. Check strategic asset allocation of Verano Holdings Corp to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Verano Holdings Corp (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Verano Holdings Corp from 2021 to 2025, covering 5 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 live market cap and overall valuation, see VRNO company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 17.6% | CA$702.38 Million | CA$579.09 Million | CA$1.74 Billion | ▼ -5.2 pp |
| 2024 | 22.8% | CA$950.82 Million | CA$734.00 Million | CA$1.99 Billion | ▲ +10.4 pp |
| 2023 | 12.4% | CA$1.24 Billion | CA$1.09 Billion | CA$2.32 Billion | ▲ +0.4 pp |
| 2022 | 12.0% | CA$1.34 Billion | CA$1.18 Billion | CA$2.40 Billion | ▲ +5.1 pp |
| 2021 | 6.9% | CA$1.48 Billion | CA$1.38 Billion | CA$2.55 Billion | — |