Bird Construction Inc. (BDT) — Tangible Net Worth Ratio
Bird Construction Inc. (BDT) has a Tangible Net Worth Ratio of 78.0% as of December 2025. This metric is calculated by deducting intangible assets (CA$94.79 Million) from net assets (CA$431.82 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. See Bird Construction Inc. (BDT) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bird Construction Inc. Tangible Net Worth Ratio (2004–2025)
This chart shows how Bird Construction Inc.'s Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 78.0%, reflecting net assets of CA$431.82 Million with intangible assets of CA$94.79 Million CAD. See how many days can Bird Construction Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Bird Construction Inc. (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Bird Construction Inc. from 2004 to 2025, covering 22 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 Bird Construction Inc. (BDT) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 78.0% | CA$431.82 Million | CA$94.79 Million | CA$1.86 Billion | ▲ +3.3 pp |
| 2024 | 74.7% | CA$430.28 Million | CA$108.85 Million | CA$1.81 Billion | ▼ -10.9 pp |
| 2023 | 85.6% | CA$322.49 Million | CA$46.39 Million | CA$1.42 Billion | ▼ -1.7 pp |
| 2022 | 87.3% | CA$272.99 Million | CA$34.74 Million | CA$1.23 Billion | ▼ -0.2 pp |
| 2021 | 87.5% | CA$243.49 Million | CA$30.48 Million | CA$1.14 Billion | ▲ +0.4 pp |
| 2020 | 87.1% | CA$212.61 Million | CA$27.53 Million | CA$1.07 Billion | ▼ -11.0 pp |
| 2019 | 98.1% | CA$127.72 Million | CA$2.48 Million | CA$856.79 Million | ▼ -0.1 pp |
| 2018 | 98.1% | CA$136.23 Million | CA$2.58 Million | CA$652.02 Million | ▼ -0.9 pp |
| 2017 | 99.0% | CA$153.82 Million | CA$1.54 Million | CA$706.73 Million | ▲ +0.1 pp |
| 2016 | 98.9% | CA$163.57 Million | CA$1.74 Million | CA$817.38 Million | ▲ +0.2 pp |
| 2015 | 98.8% | CA$170.89 Million | CA$2.08 Million | CA$733.99 Million | ▲ +5.1 pp |
| 2014 | 93.7% | CA$181.59 Million | CA$11.42 Million | CA$637.28 Million | ▲ +0.9 pp |
| 2013 | 92.8% | CA$177.30 Million | CA$12.83 Million | CA$648.05 Million | ▲ +0.5 pp |
| 2012 | 92.3% | CA$191.56 Million | CA$14.76 Million | CA$718.15 Million | ▲ +4.0 pp |
| 2011 | 88.3% | CA$162.41 Million | CA$18.97 Million | CA$632.48 Million | ▼ -10.0 pp |
| 2010 | 98.3% | CA$157.37 Million | CA$2.72 Million | CA$482.71 Million | ▲ +0.0 pp |
| 2009 | 98.3% | CA$135.35 Million | CA$2.34 Million | CA$438.64 Million | ▲ +0.6 pp |
| 2008 | 97.7% | CA$101.68 Million | CA$2.35 Million | CA$528.16 Million | ▼ -2.3 pp |
| 2007 | 100.0% | CA$53.27 Million | CA$0.00 | CA$341.40 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$38.47 Million | CA$0.00 | CA$198.82 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$33.53 Million | CA$0.00 | CA$150.86 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$33.91 Million | CA$0.00 | CA$171.19 Million | — |