Constellation Software Inc. (CSU) — Tangible Net Worth Ratio
Constellation Software Inc. (CSU) has a Tangible Net Worth Ratio of -56.1% as of September 2025. This metric is calculated by deducting intangible assets (CA$6.41 Billion) from net assets (CA$4.10 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. Also explore CSU net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Constellation Software Inc. Tangible Net Worth Ratio (2004–2024)
This chart shows how Constellation Software Inc.'s Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at -56.1%, reflecting net assets of CA$4.10 Billion with intangible assets of CA$6.41 Billion CAD. For live market cap and overall valuation, see CSU market cap overview.
Annual Tangible Net Worth Ratio for Constellation Software Inc. (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Constellation Software Inc. from 2004 to 2024, covering 21 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 Constellation Software Inc. (CSU) 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 | -82.7% | CA$3.29 Billion | CA$6.00 Billion | CA$12.86 Billion | ▲ +93.3 pp |
| 2023 | -176.0% | CA$1.95 Billion | CA$5.37 Billion | CA$10.78 Billion | ▼ -75.8 pp |
| 2022 | -100.3% | CA$1.93 Billion | CA$3.87 Billion | CA$7.88 Billion | ▼ -14.8 pp |
| 2021 | -85.5% | CA$1.52 Billion | CA$2.82 Billion | CA$5.77 Billion | ▼ -4.9 pp |
| 2020 | -80.5% | CA$1.05 Billion | CA$1.89 Billion | CA$4.38 Billion | ▲ +57.7 pp |
| 2019 | -138.3% | CA$687.00 Million | CA$1.64 Billion | CA$3.49 Billion | ▼ -94.3 pp |
| 2018 | -44.0% | CA$866.10 Million | CA$1.25 Billion | CA$2.94 Billion | ▲ +8.6 pp |
| 2017 | -52.7% | CA$604.08 Million | CA$922.13 Million | CA$2.29 Billion | ▲ +15.0 pp |
| 2016 | -67.7% | CA$457.51 Million | CA$767.24 Million | CA$1.88 Billion | ▲ +50.5 pp |
| 2015 | -118.2% | CA$338.18 Million | CA$737.80 Million | CA$1.64 Billion | ▲ +38.7 pp |
| 2014 | -156.9% | CA$259.83 Million | CA$667.51 Million | CA$1.43 Billion | ▲ +29.1 pp |
| 2013 | -186.0% | CA$266.00 Million | CA$760.69 Million | CA$1.54 Billion | ▼ -165.8 pp |
| 2012 | -20.2% | CA$258.16 Million | CA$310.36 Million | CA$810.67 Million | ▼ -38.9 pp |
| 2011 | 18.7% | CA$256.67 Million | CA$208.62 Million | CA$631.54 Million | ▲ +72.4 pp |
| 2010 | -53.7% | CA$142.10 Million | CA$218.38 Million | CA$532.37 Million | ▲ +19.1 pp |
| 2009 | -72.8% | CA$108.34 Million | CA$187.17 Million | CA$479.54 Million | ▲ +22.5 pp |
| 2008 | -95.3% | CA$110.95 Million | CA$216.65 Million | CA$438.92 Million | ▼ -50.1 pp |
| 2007 | -45.2% | CA$89.00 Million | CA$129.24 Million | CA$269.68 Million | ▼ -64.2 pp |
| 2006 | 19.0% | CA$80.93 Million | CA$65.56 Million | CA$188.66 Million | ▼ -9.3 pp |
| 2005 | 28.3% | CA$80.40 Million | CA$57.64 Million | CA$173.42 Million | ▲ +12.8 pp |
| 2004 | 15.5% | CA$42.40 Million | CA$35.84 Million | CA$121.15 Million | — |