Hydro One Ltd (H) — Tangible Net Worth Ratio
Hydro One Ltd (H) has a Tangible Net Worth Ratio of 94.9% as of December 2025. This metric is calculated by deducting intangible assets (CA$654.00 Million) from net assets (CA$12.75 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. See Hydro One Ltd shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hydro One Ltd Tangible Net Worth Ratio (2005–2025)
This chart shows how Hydro One Ltd's Tangible Net Worth Ratio has changed across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 94.9%, reflecting net assets of CA$12.75 Billion with intangible assets of CA$654.00 Million CAD. Also explore Hydro One Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Hydro One Ltd (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hydro One Ltd from 2005 to 2025, covering 21 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 Hydro One Ltd (H) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.9% | CA$12.75 Billion | CA$654.00 Million | CA$39.67 Billion | ▲ +0.3 pp |
| 2024 | 94.6% | CA$12.17 Billion | CA$661.00 Million | CA$36.68 Billion | ▲ +0.1 pp |
| 2023 | 94.4% | CA$11.77 Billion | CA$656.00 Million | CA$32.85 Billion | ▼ -0.2 pp |
| 2022 | 94.7% | CA$11.39 Billion | CA$608.00 Million | CA$31.46 Billion | ▼ -0.1 pp |
| 2021 | 94.8% | CA$10.98 Billion | CA$570.00 Million | CA$30.38 Billion | ▼ -0.4 pp |
| 2020 | 95.2% | CA$10.63 Billion | CA$514.00 Million | CA$30.29 Billion | ▼ -0.2 pp |
| 2019 | 95.4% | CA$9.87 Billion | CA$456.00 Million | CA$27.06 Billion | ▼ -0.4 pp |
| 2018 | 95.7% | CA$9.64 Billion | CA$410.00 Million | CA$25.66 Billion | ▼ -0.7 pp |
| 2017 | 96.4% | CA$10.25 Billion | CA$369.00 Million | CA$25.70 Billion | ▼ -0.1 pp |
| 2016 | 96.5% | CA$10.09 Billion | CA$349.00 Million | CA$25.35 Billion | ▼ -0.1 pp |
| 2015 | 96.6% | CA$9.92 Billion | CA$336.00 Million | CA$24.33 Billion | ▲ +0.1 pp |
| 2014 | 96.5% | CA$7.95 Billion | CA$276.00 Million | CA$22.55 Billion | ▲ +0.7 pp |
| 2013 | 95.8% | CA$7.42 Billion | CA$313.00 Million | CA$21.62 Billion | ▼ -0.3 pp |
| 2012 | 96.1% | CA$6.83 Billion | CA$267.00 Million | CA$20.81 Billion | ▼ -0.4 pp |
| 2011 | 96.5% | CA$6.45 Billion | CA$224.00 Million | CA$18.37 Billion | ▼ -0.3 pp |
| 2010 | 96.8% | CA$5.98 Billion | CA$189.00 Million | CA$17.32 Billion | ▲ +0.9 pp |
| 2009 | 96.0% | CA$5.42 Billion | CA$218.00 Million | CA$15.81 Billion | ▼ -0.9 pp |
| 2008 | 96.8% | CA$5.12 Billion | CA$162.00 Million | CA$13.88 Billion | ▼ -3.2 pp |
| 2007 | 100.0% | CA$4.89 Billion | CA$0.00 | CA$12.79 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | CA$4.82 Billion | CA$0.00 | CA$12.23 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | CA$4.72 Billion | CA$0.00 | CA$11.82 Billion | — |