CAE Inc. (CAE) — Tangible Net Worth Ratio
CAE Inc. (CAE) has a Tangible Net Worth Ratio of 29.4% as of December 2025. This metric is calculated by deducting intangible assets (CA$3.71 Billion) from net assets (CA$5.25 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 CAE Inc. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
CAE Inc. Tangible Net Worth Ratio (1994–2025)
This chart shows how CAE Inc.'s Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of December 2025, the ratio stands at 29.4%, reflecting net assets of CA$5.25 Billion with intangible assets of CA$3.71 Billion CAD. See CAE Inc. (CAE) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for CAE Inc. (1994–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for CAE Inc. from 1994 to 2025, covering 32 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 market value of CAE Inc..
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 71.2% | CA$4.98 Billion | CA$1.43 Billion | CA$11.21 Billion | ▲ +1.5 pp |
| 2024 | 69.8% | CA$4.30 Billion | CA$1.30 Billion | CA$9.83 Billion | ▲ +0.0 pp |
| 2023 | 69.8% | CA$4.59 Billion | CA$1.39 Billion | CA$10.44 Billion | ▲ +2.4 pp |
| 2022 | 67.4% | CA$4.09 Billion | CA$1.33 Billion | CA$9.58 Billion | ▼ -5.1 pp |
| 2021 | 72.5% | CA$3.21 Billion | CA$882.60 Million | CA$8.75 Billion | ▲ +10.2 pp |
| 2020 | 62.3% | CA$2.58 Billion | CA$971.20 Million | CA$8.48 Billion | ▲ +2.2 pp |
| 2019 | 60.2% | CA$2.41 Billion | CA$960.20 Million | CA$7.17 Billion | ▼ -21.7 pp |
| 2018 | 81.8% | CA$2.37 Billion | CA$430.10 Million | CA$5.72 Billion | ▲ +0.3 pp |
| 2017 | 81.5% | CA$2.08 Billion | CA$384.00 Million | CA$5.35 Billion | ▲ +0.8 pp |
| 2016 | 80.8% | CA$1.94 Billion | CA$372.60 Million | CA$5.00 Billion | ▲ +2.3 pp |
| 2015 | 78.5% | CA$1.66 Billion | CA$357.30 Million | CA$4.66 Billion | ▲ +3.4 pp |
| 2014 | 75.2% | CA$1.48 Billion | CA$368.20 Million | CA$4.24 Billion | ▲ +5.8 pp |
| 2013 | 69.4% | CA$1.13 Billion | CA$347.20 Million | CA$3.88 Billion | ▼ -8.0 pp |
| 2012 | 77.4% | CA$1.04 Billion | CA$235.10 Million | CA$3.18 Billion | ▼ -8.5 pp |
| 2011 | 85.9% | CA$1.27 Billion | CA$178.80 Million | CA$2.86 Billion | ▼ -3.2 pp |
| 2010 | 89.2% | CA$1.16 Billion | CA$125.40 Million | CA$2.62 Billion | ▼ -4.5 pp |
| 2009 | 93.6% | CA$1.21 Billion | CA$77.10 Million | CA$2.68 Billion | ▲ +0.1 pp |
| 2008 | 93.5% | CA$948.50 Million | CA$62.00 Million | CA$2.25 Billion | ▼ -2.2 pp |
| 2007 | 95.7% | CA$829.90 Million | CA$36.00 Million | CA$1.96 Billion | ▼ -0.9 pp |
| 2006 | 96.5% | CA$675.30 Million | CA$23.30 Million | CA$1.72 Billion | ▲ +13.8 pp |
| 2005 | 82.8% | CA$651.60 Million | CA$112.30 Million | CA$1.70 Billion | ▲ +37.1 pp |
| 2004 | 45.7% | CA$918.80 Million | CA$499.00 Million | CA$2.29 Billion | ▲ +17.5 pp |
| 2003 | 28.2% | CA$750.20 Million | CA$538.50 Million | CA$2.36 Billion | ▲ +15.3 pp |
| 2002 | 12.9% | CA$618.50 Million | CA$538.90 Million | CA$2.38 Billion | ▼ -56.7 pp |
| 2001 | 69.6% | CA$464.10 Million | CA$141.00 Million | CA$1.33 Billion | ▲ +7.6 pp |
| 2000 | 62.0% | CA$379.30 Million | CA$144.10 Million | CA$1.22 Billion | ▲ +31.1 pp |
| 1999 | 30.9% | CA$338.30 Million | CA$233.60 Million | CA$1.10 Billion | ▼ -41.3 pp |
| 1998 | 72.3% | CA$276.50 Million | CA$76.70 Million | CA$928.20 Million | ▲ +8.5 pp |
| 1997 | 63.8% | CA$228.60 Million | CA$82.80 Million | CA$698.80 Million | ▲ +7.2 pp |
| 1996 | 56.6% | CA$180.80 Million | CA$78.50 Million | CA$557.50 Million | ▼ -16.8 pp |
| 1995 | 73.4% | CA$138.80 Million | CA$36.90 Million | CA$540.20 Million | ▲ +133.3 pp |
| 1994 | -59.9% | CA$174.60 Million | CA$279.10 Million | CA$804.70 Million | — |