Goodfood Market Corp (FOOD) — Tangible Net Worth Ratio

Latest as of May 2022: 90.6%

Goodfood Market Corp (FOOD) has a Tangible Net Worth Ratio of 90.6% as of May 2022. This metric is calculated by deducting intangible assets (CA$4.27 Million) from net assets (CA$45.21 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 Goodfood Market Corp (FOOD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

90.6%
Tangible equity / total equity

Net Assets (Equity)

CA$45.21 Million
CAD

Intangible Assets

CA$4.27 Million
Goodwill, patents, brand value

Total Assets

CA$251.99 Million
CAD

Goodfood Market Corp Tangible Net Worth Ratio (2015–2021)

This chart shows how Goodfood Market Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2015 to 2021. As of May 2022, the ratio stands at 90.6%, reflecting net assets of CA$45.21 Million with intangible assets of CA$4.27 Million CAD. See Goodfood Market Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Goodfood Market Corp (2015–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Goodfood Market Corp from 2015 to 2021, covering 7 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 Goodfood Market Corp market capitalisation.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2021 97.9% CA$97.88 Million CA$2.08 Million CA$255.26 Million ▲ +1.7 pp
2020 96.2% CA$57.56 Million CA$2.20 Million CA$163.05 Million ▼ -0.9 pp
2019 97.1% CA$17.40 Million CA$512.00K CA$80.78 Million ▼ -2.6 pp
2018 99.7% CA$16.46 Million CA$55.17K CA$34.31 Million ▲ +0.1 pp
2017 99.6% CA$16.35 Million CA$70.60K CA$21.31 Million ▼ -0.4 pp
2016 100.0% CA$54.21K CA$0.00 CA$161.39K ▲ +0.0 pp
2015 100.0% CA$331.15K CA$0.00 CA$382.89K
pp = percentage points