D2L Inc (DTOL) — Tangible Net Worth Ratio
D2L Inc (DTOL) has a Tangible Net Worth Ratio of 81.5% as of April 2026. This metric is calculated by deducting intangible assets (CA$15.83 Million) from net assets (CA$85.74 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. Also explore DTOL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
D2L Inc Tangible Net Worth Ratio (2022–2026)
This chart shows how D2L Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2022 to 2026. As of April 2026, the ratio stands at 81.5%, reflecting net assets of CA$85.74 Million with intangible assets of CA$15.83 Million CAD. For live market cap and overall valuation, see DTOL stock market capitalisation.
Annual Tangible Net Worth Ratio for D2L Inc (2022–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for D2L Inc from 2022 to 2026, covering 5 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 DTOL capex reinvestment rate 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) |
|---|---|---|---|---|---|
| 2026 | 80.5% | CA$84.27 Million | CA$16.44 Million | CA$249.82 Million | ▲ +0.7 pp |
| 2025 | 79.8% | CA$84.75 Million | CA$17.14 Million | CA$232.92 Million | ▼ -18.9 pp |
| 2024 | 98.6% | CA$56.88 Million | CA$770.71K | CA$197.12 Million | ▼ -0.8 pp |
| 2023 | 99.5% | CA$54.09 Million | CA$288.10K | CA$176.61 Million | ▲ +7.8 pp |
| 2022 | 91.7% | CA$66.38 Million | CA$5.54 Million | CA$179.21 Million | — |