Element Fleet Management Corp (EFN) — Tangible Net Worth Ratio
Element Fleet Management Corp (EFN) has a Tangible Net Worth Ratio of 77.7% as of March 2026. This metric is calculated by deducting intangible assets (CA$602.51 Million) from net assets (CA$2.70 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. Also explore Element Fleet Management Corp net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Element Fleet Management Corp Tangible Net Worth Ratio (2009–2025)
This chart shows how Element Fleet Management Corp's Tangible Net Worth Ratio has changed across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 77.7%, reflecting net assets of CA$2.70 Billion with intangible assets of CA$602.51 Million CAD. For live market cap and overall valuation, see EFN market cap overview.
Annual Tangible Net Worth Ratio for Element Fleet Management Corp (2009–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Element Fleet Management Corp from 2009 to 2025, covering 17 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 capital reinvestment ratio of Element Fleet Management Corp 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) |
|---|---|---|---|---|---|
| 2025 | 83.5% | CA$2.72 Billion | CA$447.97 Million | CA$13.86 Billion | ▲ +6.6 pp |
| 2024 | 76.9% | CA$2.78 Billion | CA$642.47 Million | CA$12.70 Billion | ▼ -10.8 pp |
| 2023 | 87.7% | CA$3.90 Billion | CA$480.68 Million | CA$16.47 Billion | ▲ +11.2 pp |
| 2022 | 76.5% | CA$3.68 Billion | CA$864.61 Million | CA$14.33 Billion | ▲ +0.6 pp |
| 2021 | 75.9% | CA$3.45 Billion | CA$830.01 Million | CA$12.97 Billion | ▼ -2.5 pp |
| 2020 | 78.5% | CA$3.78 Billion | CA$814.38 Million | CA$14.99 Billion | ▼ -0.7 pp |
| 2019 | 79.2% | CA$3.81 Billion | CA$793.28 Million | CA$17.43 Billion | ▼ -8.3 pp |
| 2018 | 87.5% | CA$3.98 Billion | CA$496.50 Million | CA$18.96 Billion | ▲ +1.2 pp |
| 2017 | 86.3% | CA$3.74 Billion | CA$512.26 Million | CA$17.57 Billion | ▲ +8.4 pp |
| 2016 | 77.9% | CA$3.98 Billion | CA$880.42 Million | CA$18.42 Billion | ▼ -4.9 pp |
| 2015 | 82.8% | CA$5.72 Billion | CA$982.62 Million | CA$25.16 Billion | ▼ -6.4 pp |
| 2014 | 89.2% | CA$2.83 Billion | CA$305.41 Million | CA$11.29 Billion | ▼ -5.8 pp |
| 2013 | 95.0% | CA$1.45 Billion | CA$71.71 Million | CA$3.45 Billion | ▲ +0.8 pp |
| 2012 | 94.2% | CA$423.43 Million | CA$24.57 Million | CA$1.51 Billion | ▼ -5.4 pp |
| 2011 | 99.6% | CA$238.40 Million | CA$944.09K | CA$416.78 Million | ▼ -0.4 pp |
| 2010 | 100.0% | CA$9.75 Million | CA$0.00 | CA$49.95 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$352.73K | CA$0.00 | CA$6.42 Million | — |