North American Financial 15 (FFN) — Tangible Net Worth Ratio
North American Financial 15 (FFN) has a Tangible Net Worth Ratio of 100.0% as of May 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$417.46 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 North American Financial 15 (FFN) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
North American Financial 15 Tangible Net Worth Ratio (2006–2024)
This chart shows how North American Financial 15's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of May 2025, the ratio stands at 100.0%, reflecting net assets of CA$417.46 Million with intangible assets of CA$0.00 CAD. Also explore FFN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for North American Financial 15 (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for North American Financial 15 from 2006 to 2024, covering 19 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 market value of North American Financial 15.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$481.62 Million | CA$0.00 | CA$1.09 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | CA$200.55 Million | CA$0.00 | CA$726.79 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$276.12 Million | CA$0.00 | CA$812.44 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$231.47 Million | CA$0.00 | CA$595.69 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$64.90 Million | CA$0.00 | CA$232.66 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$119.08 Million | CA$0.00 | CA$310.41 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$110.63 Million | CA$0.00 | CA$301.93 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$125.63 Million | CA$0.00 | CA$287.10 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$66.75 Million | CA$0.00 | CA$158.54 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$58.66 Million | CA$0.00 | CA$150.42 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$53.79 Million | CA$0.00 | CA$130.82 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$36.86 Million | CA$0.00 | CA$95.45 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$19.37 Million | CA$0.00 | CA$78.09 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$12.71 Million | CA$0.00 | CA$69.83 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$26.16 Million | CA$0.00 | CA$83.38 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$30.14 Million | CA$0.00 | CA$87.95 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$19.83 Million | CA$0.00 | CA$83.63 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$88.45 Million | CA$0.00 | CA$153.83 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$110.86 Million | CA$0.00 | CA$178.82 Million | — |