High Liner Foods Incorporated (HLF) — Tangible Net Worth Ratio
High Liner Foods Incorporated (HLF) has a Tangible Net Worth Ratio of 68.8% as of September 2025. This metric is calculated by deducting intangible assets (CA$129.06 Million) from net assets (CA$413.28 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. Also explore High Liner Foods Incorporated annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
High Liner Foods Incorporated Tangible Net Worth Ratio (1993–2024)
This chart shows how High Liner Foods Incorporated's Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 68.8%, reflecting net assets of CA$413.28 Million with intangible assets of CA$129.06 Million CAD. For live market cap and overall valuation, see HLF stock market capitalisation.
Annual Tangible Net Worth Ratio for High Liner Foods Incorporated (1993–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for High Liner Foods Incorporated from 1993 to 2024, covering 32 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 reinvestment intensity of High Liner Foods Incorporated 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) |
|---|---|---|---|---|---|
| 2024 | 72.1% | CA$405.73 Million | CA$113.34 Million | CA$849.31 Million | ▲ +3.7 pp |
| 2023 | 68.4% | CA$385.86 Million | CA$121.90 Million | CA$834.40 Million | ▲ +3.0 pp |
| 2022 | 65.4% | CA$373.42 Million | CA$129.07 Million | CA$1.00 Billion | ▲ +6.1 pp |
| 2021 | 59.3% | CA$332.52 Million | CA$135.19 Million | CA$826.47 Million | ▲ +8.2 pp |
| 2020 | 51.1% | CA$291.00 Million | CA$142.17 Million | CA$776.56 Million | ▲ +6.7 pp |
| 2019 | 44.5% | CA$268.17 Million | CA$148.89 Million | CA$820.49 Million | ▲ +3.4 pp |
| 2018 | 41.0% | CA$263.86 Million | CA$155.59 Million | CA$837.15 Million | ▼ -0.2 pp |
| 2017 | 41.2% | CA$268.87 Million | CA$158.04 Million | CA$907.97 Million | ▼ -13.9 pp |
| 2016 | 55.1% | CA$220.20 Million | CA$98.87 Million | CA$685.11 Million | ▲ +6.1 pp |
| 2015 | 49.0% | CA$200.52 Million | CA$102.31 Million | CA$693.07 Million | ▲ +3.7 pp |
| 2014 | 45.3% | CA$196.97 Million | CA$107.70 Million | CA$705.57 Million | ▲ +2.3 pp |
| 2013 | 43.0% | CA$184.65 Million | CA$105.25 Million | CA$677.50 Million | ▲ +15.1 pp |
| 2012 | 27.9% | CA$153.35 Million | CA$110.63 Million | CA$631.83 Million | ▲ +1.3 pp |
| 2011 | 26.6% | CA$158.83 Million | CA$116.59 Million | CA$687.35 Million | ▼ -52.2 pp |
| 2010 | 78.8% | CA$148.11 Million | CA$31.41 Million | CA$330.08 Million | ▼ -8.6 pp |
| 2009 | 87.4% | CA$147.06 Million | CA$18.52 Million | CA$284.85 Million | ▲ +2.8 pp |
| 2008 | 84.6% | CA$126.37 Million | CA$19.51 Million | CA$275.22 Million | ▲ +17.2 pp |
| 2007 | 67.3% | CA$132.15 Million | CA$43.18 Million | CA$303.40 Million | ▼ -32.7 pp |
| 2006 | 100.0% | CA$61.12 Million | CA$0.00 | CA$97.10 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$59.80 Million | CA$0.00 | CA$106.56 Million | ▲ +35.9 pp |
| 2004 | 64.1% | CA$99.68 Million | CA$35.79 Million | CA$138.91 Million | ▲ +1.8 pp |
| 2003 | 62.3% | CA$93.61 Million | CA$35.31 Million | CA$137.06 Million | ▲ +24.8 pp |
| 2002 | 37.5% | CA$56.55 Million | CA$35.36 Million | CA$131.72 Million | ▲ +6.7 pp |
| 2001 | 30.8% | CA$51.39 Million | CA$35.57 Million | CA$136.85 Million | ▲ +3.6 pp |
| 2000 | 27.2% | CA$50.32 Million | CA$36.65 Million | CA$138.29 Million | ▲ +5.1 pp |
| 1999 | 22.0% | CA$48.26 Million | CA$37.63 Million | CA$151.76 Million | ▼ -28.7 pp |
| 1998 | 50.7% | CA$56.48 Million | CA$27.82 Million | CA$156.95 Million | ▼ -49.3 pp |
| 1997 | 100.0% | CA$20.20 Million | CA$0.00 | CA$100.35 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$15.62 Million | CA$0.00 | CA$105.08 Million | ▲ +0.0 pp |
| 1995 | 100.0% | CA$13.34 Million | CA$0.00 | CA$107.05 Million | ▲ +26.3 pp |
| 1994 | 73.7% | CA$8.12 Million | CA$2.14 Million | CA$106.67 Million | ▲ +60.5 pp |
| 1993 | 13.2% | CA$3.99 Million | CA$3.47 Million | CA$103.23 Million | — |