Canadian Pacific Railway Ltd (CP) — Tangible Net Worth Ratio
Canadian Pacific Railway Ltd (CP) has a Tangible Net Worth Ratio of 54.4% as of December 2025. This metric is calculated by deducting intangible assets (CA$21.35 Billion) from net assets (CA$46.83 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 working capital to net assets of Canadian Pacific Railway Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Canadian Pacific Railway Ltd Tangible Net Worth Ratio (1997–2025)
This chart shows how Canadian Pacific Railway Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 54.4%, reflecting net assets of CA$46.83 Billion with intangible assets of CA$21.35 Billion CAD. See how many days can Canadian Pacific Railway Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Canadian Pacific Railway Ltd (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Canadian Pacific Railway Ltd from 1997 to 2025, covering 29 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 cap of Canadian Pacific Railway Ltd.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 54.4% | CA$46.83 Billion | CA$21.35 Billion | CA$85.94 Billion | ▼ -39.2 pp |
| 2024 | 93.6% | CA$48.89 Billion | CA$3.15 Billion | CA$88.40 Billion | ▲ +0.6 pp |
| 2023 | 93.0% | CA$42.41 Billion | CA$2.97 Billion | CA$80.39 Billion | ▼ -6.9 pp |
| 2022 | 99.9% | CA$38.89 Billion | CA$42.00 Million | CA$73.75 Billion | ▲ +0.0 pp |
| 2021 | 99.9% | CA$33.83 Billion | CA$43.00 Million | CA$68.35 Billion | ▲ +0.4 pp |
| 2020 | 99.5% | CA$7.32 Billion | CA$37.00 Million | CA$23.82 Billion | ▼ -0.3 pp |
| 2019 | 99.8% | CA$7.07 Billion | CA$12.00 Million | CA$22.56 Billion | ▼ 0.0 pp |
| 2018 | 99.9% | CA$6.64 Billion | CA$8.00 Million | CA$21.47 Billion | ▲ +0.0 pp |
| 2017 | 99.9% | CA$6.44 Billion | CA$9.00 Million | CA$20.26 Billion | ▲ +0.1 pp |
| 2016 | 99.8% | CA$4.63 Billion | CA$11.00 Million | CA$19.48 Billion | ▲ +0.0 pp |
| 2015 | 99.7% | CA$5.01 Billion | CA$13.00 Million | CA$19.85 Billion | ▼ 0.0 pp |
| 2014 | 99.8% | CA$5.61 Billion | CA$12.00 Million | CA$16.95 Billion | ▼ 0.0 pp |
| 2013 | 99.8% | CA$7.10 Billion | CA$12.00 Million | CA$17.06 Billion | ▲ +0.1 pp |
| 2012 | 99.7% | CA$5.71 Billion | CA$15.00 Million | CA$15.34 Billion | ▲ +0.6 pp |
| 2011 | 99.1% | CA$4.65 Billion | CA$42.00 Million | CA$14.11 Billion | ▼ 0.0 pp |
| 2010 | 99.1% | CA$4.82 Billion | CA$43.20 Million | CA$13.68 Billion | ▲ +0.1 pp |
| 2009 | 99.0% | CA$4.66 Billion | CA$47.40 Million | CA$14.76 Billion | ▼ -0.1 pp |
| 2008 | 99.0% | CA$5.99 Billion | CA$57.60 Million | CA$15.47 Billion | ▼ -1.0 pp |
| 2007 | 100.0% | CA$5.46 Billion | CA$0.00 | CA$13.37 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | CA$4.86 Billion | CA$0.00 | CA$11.42 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | CA$4.38 Billion | CA$0.00 | CA$10.89 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | CA$3.98 Billion | CA$0.00 | CA$10.50 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | CA$3.68 Billion | CA$0.00 | CA$9.96 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | CA$3.39 Billion | CA$0.00 | CA$9.66 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | CA$3.14 Billion | CA$0.00 | CA$9.85 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | CA$3.56 Billion | CA$0.00 | CA$8.81 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | CA$3.14 Billion | CA$0.00 | CA$8.76 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CA$3.23 Billion | CA$0.00 | CA$8.36 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | CA$2.84 Billion | CA$0.00 | CA$7.84 Billion | — |