ADF Group Inc. (DRX) — Tangible Net Worth Ratio

Latest as of April 2026: 95.3%

ADF Group Inc. (DRX) has a Tangible Net Worth Ratio of 95.3% as of April 2026. This metric is calculated by deducting intangible assets (CA$9.21 Million) from net assets (CA$195.57 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 net assets of ADF Group Inc. for net asset value and shareholders' equity analysis.

Tangible NW Ratio

95.3%
Tangible equity / total equity

Net Assets (Equity)

CA$195.57 Million
CAD

Intangible Assets

CA$9.21 Million
Goodwill, patents, brand value

Total Assets

CA$346.40 Million
CAD

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 April 2026, the ratio stands at 95.3%, reflecting net assets of CA$195.57 Million with intangible assets of CA$9.21 Million CAD. Also explore ADF Group Inc. equity growth rate to track the company's year-over-year net asset growth rate.

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 ADF Group Inc. stock valuation.

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
pp = percentage points