ADF Group Inc. (DRX) — Tangible Net Worth Ratio
ADF Group Inc. (DRX) has a Tangible Net Worth Ratio of 95.5% as of January 2026. This metric is calculated by deducting intangible assets (CA$8.35 Million) from net assets (CA$183.60 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 ADF Group Inc. (DRX) 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
ADF Group Inc. Tangible Net Worth Ratio (2000–2026)
This chart shows how ADF Group Inc.'s Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2026. As of January 2026, the ratio stands at 95.5%, reflecting net assets of CA$183.60 Million with intangible assets of CA$8.35 Million CAD. See ADF Group Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for ADF Group Inc. (2000–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for ADF Group Inc. from 2000 to 2026, covering 26 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 DRX market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 95.5% | CA$183.60 Million | CA$8.35 Million | CA$328.68 Million | ▼ -2.0 pp |
| 2025 | 97.4% | CA$169.31 Million | CA$4.33 Million | CA$307.90 Million | ▼ -0.1 pp |
| 2024 | 97.6% | CA$162.13 Million | CA$3.92 Million | CA$328.61 Million | ▲ +0.5 pp |
| 2023 | 97.1% | CA$124.98 Million | CA$3.64 Million | CA$271.62 Million | ▲ +0.2 pp |
| 2022 | 96.9% | CA$108.45 Million | CA$3.36 Million | CA$201.05 Million | ▲ +0.2 pp |
| 2021 | 96.7% | CA$99.56 Million | CA$3.27 Million | CA$189.95 Million | ▲ +0.3 pp |
| 2020 | 96.4% | CA$94.41 Million | CA$3.35 Million | CA$173.54 Million | ▼ -0.1 pp |
| 2019 | 96.6% | CA$96.89 Million | CA$3.31 Million | CA$163.21 Million | ▼ -0.1 pp |
| 2018 | 96.7% | CA$95.78 Million | CA$3.20 Million | CA$175.26 Million | ▼ -0.6 pp |
| 2017 | 97.2% | CA$105.65 Million | CA$2.92 Million | CA$158.68 Million | ▼ -0.1 pp |
| 2016 | 97.3% | CA$107.53 Million | CA$2.87 Million | CA$146.47 Million | ▲ +0.0 pp |
| 2015 | 97.3% | CA$103.96 Million | CA$2.78 Million | CA$137.81 Million | ▼ 0.0 pp |
| 2014 | 97.3% | CA$101.83 Million | CA$2.71 Million | CA$127.98 Million | ▲ +0.2 pp |
| 2013 | 97.2% | CA$91.43 Million | CA$2.59 Million | CA$106.53 Million | ▼ 0.0 pp |
| 2012 | 97.2% | CA$93.76 Million | CA$2.62 Million | CA$108.52 Million | ▲ +0.1 pp |
| 2011 | 97.1% | CA$89.14 Million | CA$2.60 Million | CA$108.46 Million | ▲ +0.0 pp |
| 2010 | 97.1% | CA$88.67 Million | CA$2.59 Million | CA$103.37 Million | ▼ -0.1 pp |
| 2009 | 97.2% | CA$84.78 Million | CA$2.40 Million | CA$114.37 Million | ▼ -1.2 pp |
| 2008 | 98.3% | CA$69.02 Million | CA$1.15 Million | CA$95.18 Million | ▲ +1.1 pp |
| 2007 | 97.3% | CA$13.94 Million | CA$382.00K | CA$56.72 Million | ▲ +10.5 pp |
| 2005 | 86.8% | CA$15.52 Million | CA$2.05 Million | CA$75.57 Million | ▼ -9.0 pp |
| 2004 | 95.8% | CA$9.71 Million | CA$407.00K | CA$132.35 Million | ▼ -2.8 pp |
| 2003 | 98.6% | CA$70.82 Million | CA$1.02 Million | CA$279.98 Million | ▼ -1.4 pp |
| 2002 | 100.0% | CA$202.69 Million | CA$0.00 | CA$392.53 Million | ▲ +0.2 pp |
| 2001 | 99.8% | CA$138.60 Million | CA$256.00K | CA$298.80 Million | ▼ -0.2 pp |
| 2000 | 100.0% | CA$90.75 Million | CA$0.00 | CA$165.08 Million | — |