BCE Inc (BCE) — Tangible Net Worth Ratio

Latest as of September 2025: 29.2%

BCE Inc (BCE) has a Tangible Net Worth Ratio of 29.2% as of September 2025. This metric is calculated by deducting intangible assets (CA$16.12 Billion) from net assets (CA$22.76 Billion) 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 BCE current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

29.2%
Tangible equity / total equity

Net Assets (Equity)

CA$22.76 Billion
CAD

Intangible Assets

CA$16.12 Billion
Goodwill, patents, brand value

Total Assets

CA$78.58 Billion
CAD

BCE Inc Tangible Net Worth Ratio (1985–2024)

This chart shows how BCE Inc's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2024. As of September 2025, the ratio stands at 29.2%, reflecting net assets of CA$22.76 Billion with intangible assets of CA$16.12 Billion CAD. See BCE Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for BCE Inc (1985–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for BCE Inc from 1985 to 2024, covering 40 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 BCE market cap overview.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2024 3.3% CA$17.36 Billion CA$16.79 Billion CA$73.48 Billion ▼ -15.9 pp
2023 19.2% CA$20.56 Billion CA$16.61 Billion CA$71.94 Billion ▼ -8.9 pp
2022 28.1% CA$22.52 Billion CA$16.18 Billion CA$69.33 Billion ▼ -4.0 pp
2021 32.1% CA$22.94 Billion CA$15.57 Billion CA$66.76 Billion ▼ -6.4 pp
2020 38.6% CA$21.33 Billion CA$13.10 Billion CA$60.66 Billion ▲ +0.6 pp
2019 38.0% CA$21.53 Billion CA$13.35 Billion CA$60.31 Billion ▲ +1.8 pp
2018 36.2% CA$20.69 Billion CA$13.21 Billion CA$57.10 Billion ▲ +4.5 pp
2017 31.7% CA$19.48 Billion CA$13.30 Billion CA$54.26 Billion ▼ -1.1 pp
2016 32.8% CA$17.85 Billion CA$12.00 Billion CA$50.11 Billion ▼ -2.7 pp
2015 35.5% CA$17.33 Billion CA$11.18 Billion CA$47.99 Billion ▲ +2.6 pp
2014 32.9% CA$15.24 Billion CA$10.22 Billion CA$46.30 Billion ▼ -8.3 pp
2013 41.2% CA$16.25 Billion CA$9.55 Billion CA$45.38 Billion ▼ -3.9 pp
2012 45.1% CA$14.72 Billion CA$8.09 Billion CA$40.97 Billion ▼ -0.6 pp
2011 45.7% CA$14.76 Billion CA$8.01 Billion CA$39.43 Billion ▼ -19.8 pp
2010 65.5% CA$18.19 Billion CA$6.28 Billion CA$39.28 Billion ▲ +0.7 pp
2009 64.8% CA$18.02 Billion CA$6.34 Billion CA$38.05 Billion ▼ -4.4 pp
2008 69.2% CA$18.39 Billion CA$5.66 Billion CA$39.66 Billion ▼ -30.8 pp
2007 100.0% CA$18.34 Billion CA$0.00 CA$37.80 Billion ▲ +18.7 pp
2006 81.3% CA$15.55 Billion CA$2.90 Billion CA$36.96 Billion ▲ +11.2 pp
2005 70.1% CA$17.62 Billion CA$5.27 Billion CA$40.63 Billion ▲ +52.9 pp
2004 17.2% CA$16.95 Billion CA$14.04 Billion CA$39.14 Billion ▼ -19.6 pp
2003 36.8% CA$16.98 Billion CA$10.74 Billion CA$39.33 Billion ▲ +13.8 pp
2002 22.9% CA$16.47 Billion CA$12.69 Billion CA$39.56 Billion ▼ -6.2 pp
2001 29.1% CA$22.69 Billion CA$16.07 Billion CA$54.33 Billion ▲ +6.0 pp
2000 23.2% CA$21.23 Billion CA$16.30 Billion CA$51.38 Billion ▼ -65.2 pp
1999 88.4% CA$20.35 Billion CA$2.37 Billion CA$36.96 Billion ▼ -6.5 pp
1998 94.8% CA$15.00 Billion CA$780.03 Million CA$32.07 Billion ▲ +5.1 pp
1997 89.7% CA$15.42 Billion CA$1.59 Billion CA$40.30 Billion ▼ -1.9 pp
1996 91.6% CA$16.73 Billion CA$1.41 Billion CA$41.26 Billion ▼ -0.5 pp
1995 92.0% CA$15.37 Billion CA$1.22 Billion CA$38.70 Billion ▼ -2.4 pp
1994 94.4% CA$15.33 Billion CA$853.98 Million CA$38.09 Billion ▲ +6.4 pp
1993 88.0% CA$14.43 Billion CA$1.73 Billion CA$36.71 Billion ▲ +2.5 pp
1992 85.5% CA$16.38 Billion CA$2.37 Billion CA$48.31 Billion ▲ +6.2 pp
1991 79.3% CA$15.71 Billion CA$3.25 Billion CA$45.70 Billion ▼ -13.9 pp
1990 93.2% CA$10.09 Billion CA$682.06 Million CA$41.99 Billion ▲ +0.4 pp
1989 92.8% CA$9.55 Billion CA$686.05 Million CA$39.26 Billion ▼ -6.1 pp
1988 99.0% CA$9.36 Billion CA$97.95 Million CA$28.07 Billion ▼ -0.4 pp
1987 99.4% CA$9.02 Billion CA$57.96 Million CA$26.02 Billion ▲ +0.1 pp
1986 99.3% CA$8.37 Billion CA$62.15 Million CA$23.71 Billion ▲ +0.0 pp
1985 99.2% CA$7.31 Billion CA$54.94 Million CA$20.58 Billion
pp = percentage points