Spectral Med Inc (EDT) — Tangible Net Worth Ratio
Spectral Med Inc (EDT) has a Tangible Net Worth Ratio of 89.6% as of March 2022. This metric is calculated by deducting intangible assets (CA$224.00K) from net assets (CA$2.15 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 Spectral Med Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Spectral Med Inc Tangible Net Worth Ratio (1992–2021)
This chart shows how Spectral Med Inc's Tangible Net Worth Ratio has changed across 29 annual periods from 1992 to 2021. As of March 2022, the ratio stands at 89.6%, reflecting net assets of CA$2.15 Million with intangible assets of CA$224.00K CAD. See how many days can Spectral Med Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Spectral Med Inc (1992–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Spectral Med Inc from 1992 to 2021, covering 29 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 how much is Spectral Med Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 94.4% | CA$4.08 Million | CA$228.00K | CA$11.55 Million | ▲ +6.1 pp |
| 2019 | 88.4% | CA$2.26 Million | CA$263.00K | CA$4.01 Million | ▼ -7.2 pp |
| 2018 | 95.5% | CA$6.37 Million | CA$284.00K | CA$6.98 Million | ▲ +6.4 pp |
| 2017 | 89.2% | CA$2.86 Million | CA$309.00K | CA$3.47 Million | ▼ -5.1 pp |
| 2016 | 94.3% | CA$5.82 Million | CA$334.00K | CA$7.10 Million | ▲ +0.9 pp |
| 2015 | 93.4% | CA$5.43 Million | CA$359.00K | CA$8.46 Million | ▼ -2.3 pp |
| 2014 | 95.6% | CA$8.82 Million | CA$384.00K | CA$11.86 Million | ▲ +2.8 pp |
| 2013 | 92.8% | CA$5.70 Million | CA$409.00K | CA$9.44 Million | ▼ -3.1 pp |
| 2012 | 95.9% | CA$10.57 Million | CA$434.00K | CA$12.59 Million | ▼ -1.7 pp |
| 2011 | 97.6% | CA$18.94 Million | CA$459.00K | CA$20.65 Million | ▲ +1.4 pp |
| 2010 | 96.2% | CA$15.75 Million | CA$602.00K | CA$17.30 Million | ▲ +39.3 pp |
| 2009 | 56.9% | CA$1.36 Million | CA$588.00K | CA$5.03 Million | ▼ -17.0 pp |
| 2008 | 73.9% | CA$4.05 Million | CA$1.06 Million | CA$7.08 Million | ▲ +2.0 pp |
| 2007 | 71.9% | CA$5.44 Million | CA$1.53 Million | CA$7.98 Million | ▲ +0.8 pp |
| 2006 | 71.1% | CA$6.99 Million | CA$2.02 Million | CA$9.34 Million | ▲ +289.9 pp |
| 2005 | -218.8% | CA$738.00K | CA$2.35 Million | CA$11.56 Million | ▼ -256.4 pp |
| 2004 | 37.5% | CA$5.33 Million | CA$3.33 Million | CA$15.58 Million | ▼ -39.0 pp |
| 2003 | 76.6% | CA$9.03 Million | CA$2.11 Million | CA$19.71 Million | ▲ +31.6 pp |
| 2002 | 45.0% | CA$3.84 Million | CA$2.11 Million | CA$14.04 Million | ▲ +7.6 pp |
| 2001 | 37.4% | CA$8.19 Million | CA$5.12 Million | CA$18.07 Million | ▼ -41.5 pp |
| 2000 | 78.9% | CA$5.81 Million | CA$1.23 Million | CA$13.45 Million | ▼ -2.9 pp |
| 1999 | 81.7% | CA$9.30 Million | CA$1.70 Million | CA$16.20 Million | ▼ -5.2 pp |
| 1998 | 86.9% | CA$16.00 Million | CA$2.10 Million | CA$22.30 Million | ▲ +1.3 pp |
| 1997 | 85.6% | CA$26.30 Million | CA$3.80 Million | CA$30.30 Million | ▼ -6.5 pp |
| 1996 | 92.1% | CA$39.10 Million | CA$3.10 Million | CA$42.50 Million | ▲ +4.4 pp |
| 1995 | 87.7% | CA$28.40 Million | CA$3.50 Million | CA$30.60 Million | ▼ -2.1 pp |
| 1994 | 89.8% | CA$39.30 Million | CA$4.00 Million | CA$40.90 Million | ▲ +17.5 pp |
| 1993 | 72.3% | CA$15.90 Million | CA$4.40 Million | CA$16.80 Million | ▼ -27.7 pp |
| 1992 | 100.0% | CA$3.80 Million | CA$0.00 | CA$4.50 Million | — |