Canadian Utilities Limited (CU) — Tangible Net Worth Ratio

Latest as of March 2026: 84.6%

Canadian Utilities Limited (CU) has a Tangible Net Worth Ratio of 84.6% as of March 2026. This metric is calculated by deducting intangible assets (CA$1.04 Billion) from net assets (CA$6.74 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 Canadian Utilities Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

84.6%
Tangible equity / total equity

Net Assets (Equity)

CA$6.74 Billion
CAD

Intangible Assets

CA$1.04 Billion
Goodwill, patents, brand value

Total Assets

CA$24.51 Billion
CAD

Canadian Utilities Limited Tangible Net Worth Ratio (1998–2025)

This chart shows how Canadian Utilities Limited's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 84.6%, reflecting net assets of CA$6.74 Billion with intangible assets of CA$1.04 Billion CAD. See CU cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Canadian Utilities Limited (1998–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Canadian Utilities Limited from 1998 to 2025, 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. For the full company profile including market capitalisation, see CU market cap overview.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2025 84.6% CA$6.60 Billion CA$1.01 Billion CA$24.54 Billion ▼ -1.4 pp
2024 86.0% CA$7.12 Billion CA$995.00 Million CA$23.79 Billion ▼ -0.3 pp
2023 86.4% CA$7.16 Billion CA$976.00 Million CA$23.16 Billion ▼ -2.0 pp
2022 88.4% CA$7.07 Billion CA$819.00 Million CA$21.97 Billion ▼ -0.9 pp
2021 89.4% CA$6.82 Billion CA$726.00 Million CA$21.07 Billion ▼ -1.0 pp
2020 90.4% CA$6.81 Billion CA$656.00 Million CA$20.30 Billion ▼ -0.5 pp
2019 90.9% CA$6.92 Billion CA$629.00 Million CA$20.04 Billion ▲ +0.5 pp
2018 90.4% CA$6.56 Billion CA$630.00 Million CA$21.82 Billion ▼ -0.9 pp
2017 91.3% CA$6.46 Billion CA$563.00 Million CA$20.82 Billion ▼ -0.5 pp
2016 91.8% CA$6.42 Billion CA$526.00 Million CA$18.78 Billion ▼ -0.4 pp
2015 92.2% CA$6.19 Billion CA$484.00 Million CA$18.07 Billion ▼ -0.8 pp
2014 92.9% CA$5.61 Billion CA$396.00 Million CA$16.70 Billion ▼ -0.2 pp
2013 93.1% CA$5.39 Billion CA$370.00 Million CA$15.05 Billion ▲ +0.7 pp
2012 92.4% CA$4.37 Billion CA$330.00 Million CA$13.40 Billion ▼ -0.6 pp
2011 93.0% CA$4.19 Billion CA$291.00 Million CA$11.70 Billion ▼ -0.7 pp
2010 93.7% CA$4.14 Billion CA$259.10 Million CA$9.42 Billion ▲ +0.0 pp
2009 93.7% CA$3.83 Billion CA$241.80 Million CA$9.08 Billion ▼ -6.3 pp
2008 100.0% CA$2.75 Billion CA$0.00 CA$7.86 Billion ▲ +0.0 pp
2007 100.0% CA$3.15 Billion CA$0.00 CA$7.29 Billion ▲ +0.0 pp
2006 100.0% CA$2.96 Billion CA$0.00 CA$6.99 Billion ▲ +0.0 pp
2005 100.0% CA$2.86 Billion CA$0.00 CA$6.82 Billion ▲ +0.0 pp
2004 100.0% CA$2.75 Billion CA$0.00 CA$6.46 Billion ▲ +0.0 pp
2003 100.0% CA$2.59 Billion CA$0.00 CA$6.07 Billion ▲ +0.0 pp
2002 100.0% CA$2.32 Billion CA$0.00 CA$5.93 Billion ▲ +0.0 pp
2001 100.0% CA$1.64 Billion CA$0.00 CA$5.39 Billion ▲ +0.0 pp
2000 100.0% CA$1.53 Billion CA$0.00 CA$5.39 Billion ▲ +0.0 pp
1999 100.0% CA$1.42 Billion CA$0.00 CA$4.53 Billion ▲ +0.0 pp
1998 100.0% CA$1.33 Billion CA$0.00 CA$4.44 Billion
pp = percentage points