Birks Group Inc (BGI) — Tangible Net Worth Ratio

Latest as of September 2022: -36.1%

Birks Group Inc (BGI) has a Tangible Net Worth Ratio of -36.1% as of September 2022. This metric is calculated by deducting intangible assets ($5.96 Million) from net assets ($4.38 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 how liquid is Birks Group Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-36.1%
Tangible equity / total equity

Net Assets (Equity)

$4.38 Million
USD

Intangible Assets

$5.96 Million
Goodwill, patents, brand value

Total Assets

$186.78 Million
USD

Birks Group Inc Tangible Net Worth Ratio (2002–2022)

This chart shows how Birks Group Inc's Tangible Net Worth Ratio has changed across 20 annual periods from 2002 to 2022. As of September 2022, the ratio stands at -36.1%, reflecting net assets of $4.38 Million with intangible assets of $5.96 Million USD. See defensive interval ratio of Birks Group Inc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Birks Group Inc (2002–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Birks Group Inc from 2002 to 2022, covering 20 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 how much is Birks Group Inc worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2022 -2.8% $5.86 Million $6.03 Million $183.26 Million ▲ +42.1 pp
2020 -44.9% $3.41 Million $4.94 Million $210.65 Million ▼ -113.0 pp
2019 68.1% $13.78 Million $4.40 Million $133.79 Million ▼ -22.7 pp
2018 90.8% $32.53 Million $3.01 Million $120.47 Million ▼ -3.8 pp
2017 94.5% $17.06 Million $932.19K $238.63 Million ▲ +5.2 pp
2016 89.3% $10.00 Million $1.07 Million $239.67 Million ▲ +23.3 pp
2015 66.0% $3.58 Million $1.22 Million $228.46 Million ▼ -26.1 pp
2014 92.0% $15.06 Million $1.20 Million $210.57 Million ▼ -2.0 pp
2013 94.0% $16.64 Million $1.00 Million $183.09 Million ▲ +2.4 pp
2012 91.6% $11.60 Million $970.77K $184.74 Million ▲ +0.5 pp
2011 91.1% $11.02 Million $982.60K $179.15 Million ▼ -3.1 pp
2010 94.2% $18.74 Million $1.09 Million $195.45 Million ▼ -5.7 pp
2009 99.9% $44.15 Million $51.09K $260.28 Million ▲ +13.6 pp
2008 86.3% $95.59 Million $13.12 Million $300.40 Million ▲ +16.9 pp
2007 69.4% $94.01 Million $28.77 Million $291.30 Million ▲ +7.8 pp
2006 61.6% $78.54 Million $30.17 Million $267.54 Million ▼ -37.8 pp
2005 99.4% $48.63 Million $300.00K $241.60 Million ▼ -0.1 pp
2004 99.5% $55.70 Million $300.00K $255.00 Million ▼ -0.5 pp
2003 100.0% $43.05 Million $0.00 $251.20 Million ▲ +0.0 pp
2002 100.0% $12.05 Million $0.00 $108.18 Million
pp = percentage points