Badger Infrastructure Solutions Ltd (BDGI) — Tangible Net Worth Ratio
Badger Infrastructure Solutions Ltd (BDGI) has a Tangible Net Worth Ratio of 90.8% as of September 2025. This metric is calculated by deducting intangible assets (CA$26.96 Million) from net assets (CA$292.76 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 Badger Infrastructure Solutions Ltd 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
Badger Infrastructure Solutions Ltd Tangible Net Worth Ratio (1997–2024)
This chart shows how Badger Infrastructure Solutions Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 90.8%, reflecting net assets of CA$292.76 Million with intangible assets of CA$26.96 Million CAD. For live market cap and overall valuation, see Badger Infrastructure Solutions Ltd (BDGI) total market value.
Annual Tangible Net Worth Ratio for Badger Infrastructure Solutions Ltd (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Badger Infrastructure Solutions Ltd from 1997 to 2024, covering 28 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 Badger Infrastructure Solutions Ltd (BDGI) capital reinvestment 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) |
|---|---|---|---|---|---|
| 2024 | 90.6% | CA$258.05 Million | CA$24.33 Million | CA$695.53 Million | ▲ +0.2 pp |
| 2023 | 90.4% | CA$243.23 Million | CA$23.43 Million | CA$653.70 Million | ▲ +0.2 pp |
| 2022 | 90.2% | CA$225.03 Million | CA$22.05 Million | CA$556.63 Million | ▲ +0.9 pp |
| 2021 | 89.3% | CA$220.53 Million | CA$23.51 Million | CA$487.55 Million | ▼ -1.3 pp |
| 2020 | 90.7% | CA$257.35 Million | CA$24.02 Million | CA$498.35 Million | ▼ -0.1 pp |
| 2019 | 90.8% | CA$248.35 Million | CA$22.83 Million | CA$502.43 Million | ▼ -5.5 pp |
| 2018 | 96.3% | CA$269.09 Million | CA$9.98 Million | CA$443.37 Million | ▼ -1.2 pp |
| 2017 | 97.5% | CA$253.28 Million | CA$6.25 Million | CA$398.69 Million | ▲ +0.2 pp |
| 2016 | 97.3% | CA$206.43 Million | CA$5.54 Million | CA$341.51 Million | ▲ +0.1 pp |
| 2015 | 97.2% | CA$193.22 Million | CA$5.40 Million | CA$326.13 Million | ▲ +2.7 pp |
| 2014 | 94.5% | CA$202.87 Million | CA$11.20 Million | CA$407.52 Million | ▲ +2.5 pp |
| 2013 | 92.0% | CA$169.71 Million | CA$13.54 Million | CA$335.34 Million | ▼ -4.5 pp |
| 2012 | 96.5% | CA$139.96 Million | CA$4.94 Million | CA$229.85 Million | ▲ +2.0 pp |
| 2011 | 94.4% | CA$87.91 Million | CA$4.90 Million | CA$186.25 Million | ▲ +0.9 pp |
| 2010 | 93.5% | CA$75.40 Million | CA$4.90 Million | CA$151.46 Million | ▲ +0.1 pp |
| 2009 | 93.4% | CA$69.30 Million | CA$4.56 Million | CA$132.05 Million | ▲ +0.7 pp |
| 2008 | 92.7% | CA$61.07 Million | CA$4.47 Million | CA$135.80 Million | ▲ +1.2 pp |
| 2007 | 91.5% | CA$59.34 Million | CA$5.07 Million | CA$112.52 Million | ▲ +33.4 pp |
| 2006 | 58.1% | CA$46.87 Million | CA$19.65 Million | CA$77.49 Million | ▼ -3.5 pp |
| 2005 | 61.6% | CA$43.67 Million | CA$16.77 Million | CA$63.93 Million | ▼ -38.4 pp |
| 2004 | 100.0% | CA$38.10 Million | CA$0.00 | CA$56.12 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$38.69 Million | CA$0.00 | CA$59.82 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$34.65 Million | CA$0.00 | CA$60.00 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$34.13 Million | CA$0.00 | CA$59.01 Million | ▲ +17.4 pp |
| 2000 | 82.6% | CA$41.66 Million | CA$7.26 Million | CA$83.74 Million | ▲ +1.5 pp |
| 1999 | 81.0% | CA$40.60 Million | CA$7.70 Million | CA$81.70 Million | ▲ +0.2 pp |
| 1998 | 80.9% | CA$42.30 Million | CA$8.10 Million | CA$79.60 Million | ▲ +13.0 pp |
| 1997 | 67.8% | CA$25.50 Million | CA$8.20 Million | CA$51.70 Million | — |