Kingsway Financial Services Inc Tangible Net Worth Ratio
Kingsway Financial Services Inc tangible net worth ratio. Kingsway Financial Services Inc (KFS) has a Tangible Net Worth Ratio of -53.3% as of September 2025. This metric is calculated by deducting intangible assets ($54.92 Million) from net assets ($35.82 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 KFS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Kingsway Financial Services Inc (1998–2024)
Tangible net worth ratio of Kingsway Financial Services Inc from 1998 to 2024. This chart shows how Kingsway Financial Services Inc's Tangible Net Worth Ratio has changed across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at -53.3%, reflecting net assets of $35.82 Million with intangible assets of $54.92 Million USD. Check Kingsway Financial Services Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Kingsway Financial Services Inc Tangible Net Worth Ratio by Year (1998–2024)
Kingsway Financial Services Inc tangible net worth ratio by year from 1998 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Kingsway Financial Services Inc from 1998 to 2024, covering 27 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 Kingsway Financial Services Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -118.8% | $18.30 Million | $40.05 Million | $186.62 Million | ▼ -73.9 pp |
| 2023 | -44.9% | $24.61 Million | $35.67 Million | $197.72 Million | ▲ +4.7 pp |
| 2022 | -49.6% | $22.12 Million | $33.10 Million | $285.65 Million | ▲ +23.1 pp |
| 2021 | -72.7% | $62.67 Million | $108.23 Million | $475.63 Million | ▼ -44.2 pp |
| 2020 | -28.5% | $65.47 Million | $84.13 Million | $452.47 Million | ▲ +209.6 pp |
| 2019 | -238.1% | $24.79 Million | $83.82 Million | $357.34 Million | ▲ +117.9 pp |
| 2018 | -356.0% | $18.26 Million | $83.27 Million | $378.24 Million | ▼ -278.3 pp |
| 2017 | -77.7% | $49.31 Million | $87.61 Million | $484.60 Million | ▼ -37.0 pp |
| 2016 | -40.7% | $63.26 Million | $89.02 Million | $501.02 Million | ▼ -111.3 pp |
| 2015 | 70.6% | $50.10 Million | $14.74 Million | $241.02 Million | ▲ +68.7 pp |
| 2014 | 1.9% | $48.20 Million | $47.30 Million | $301.72 Million | ▲ +34.4 pp |
| 2013 | -32.5% | $36.92 Million | $48.92 Million | $324.64 Million | ▼ -55.2 pp |
| 2012 | 22.7% | $65.41 Million | $50.58 Million | $372.80 Million | ▼ -43.7 pp |
| 2011 | 66.4% | $116.41 Million | $39.12 Million | $374.08 Million | ▲ +12.8 pp |
| 2010 | 53.6% | $94.81 Million | $43.96 Million | $519.58 Million | ▼ -24.2 pp |
| 2009 | 77.8% | $169.34 Million | $37.57 Million | $1.96 Billion | ▼ -12.1 pp |
| 2008 | 89.9% | $453.57 Million | $45.78 Million | $3.34 Billion | ▲ +2.3 pp |
| 2007 | 87.6% | $940.80 Million | $116.77 Million | $4.66 Billion | ▼ -2.3 pp |
| 2006 | 89.9% | $900.96 Million | $90.85 Million | $4.05 Billion | ▼ -1.2 pp |
| 2005 | 91.2% | $804.72 Million | $71.13 Million | $3.80 Billion | ▲ +1.3 pp |
| 2004 | 89.9% | $666.42 Million | $67.31 Million | $3.52 Billion | ▲ +2.1 pp |
| 2003 | 87.8% | $543.63 Million | $66.20 Million | $2.80 Billion | ▲ +4.8 pp |
| 2002 | 83.0% | $389.33 Million | $66.24 Million | $1.90 Billion | ▼ -2.8 pp |
| 2001 | 85.7% | $337.22 Million | $48.07 Million | $1.12 Billion | ▼ -6.6 pp |
| 2000 | 92.4% | $687.34 Million | $52.52 Million | $782.77 Million | ▲ +1.1 pp |
| 1999 | 91.2% | $632.80 Million | $55.47 Million | $738.43 Million | ▼ -1.5 pp |
| 1998 | 92.8% | $593.71 Million | $42.84 Million | $659.40 Million | — |