Magellan Aerospace Corporation (MAL) — Tangible Net Worth Ratio
Magellan Aerospace Corporation (MAL) has a Tangible Net Worth Ratio of 95.8% as of March 2026. This metric is calculated by deducting intangible assets (CA$35.64 Million) from net assets (CA$842.11 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 MAL shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Magellan Aerospace Corporation Tangible Net Worth Ratio (1992–2025)
This chart shows how Magellan Aerospace Corporation's Tangible Net Worth Ratio has changed across 33 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 95.8%, reflecting net assets of CA$842.11 Million with intangible assets of CA$35.64 Million CAD. For live market cap and overall valuation, see Magellan Aerospace Corporation stock valuation.
Annual Tangible Net Worth Ratio for Magellan Aerospace Corporation (1992–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Magellan Aerospace Corporation from 1992 to 2025, covering 33 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 Magellan Aerospace Corporation capital spending ratio 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 | 95.7% | CA$825.83 Million | CA$35.71 Million | CA$1.17 Billion | ▲ +0.2 pp |
| 2024 | 95.5% | CA$802.82 Million | CA$36.25 Million | CA$1.15 Billion | ▲ +0.6 pp |
| 2023 | 94.9% | CA$737.42 Million | CA$37.40 Million | CA$1.03 Billion | ▲ +0.6 pp |
| 2022 | 94.3% | CA$731.73 Million | CA$41.42 Million | CA$1.01 Billion | ▲ +0.6 pp |
| 2021 | 93.8% | CA$765.82 Million | CA$47.77 Million | CA$1.00 Billion | ▲ +0.8 pp |
| 2020 | 93.0% | CA$785.88 Million | CA$55.16 Million | CA$1.07 Billion | ▲ +1.0 pp |
| 2019 | 92.0% | CA$815.88 Million | CA$65.37 Million | CA$1.14 Billion | ▼ 0.0 pp |
| 2018 | 92.0% | CA$787.67 Million | CA$62.74 Million | CA$1.07 Billion | ▲ +0.9 pp |
| 2017 | 91.1% | CA$694.23 Million | CA$61.49 Million | CA$983.93 Million | ▲ +2.2 pp |
| 2016 | 88.9% | CA$607.33 Million | CA$67.44 Million | CA$992.90 Million | ▲ +4.1 pp |
| 2015 | 84.8% | CA$577.35 Million | CA$87.84 Million | CA$1.05 Billion | ▼ -2.0 pp |
| 2014 | 86.8% | CA$459.60 Million | CA$60.59 Million | CA$834.55 Million | ▲ +1.6 pp |
| 2013 | 85.2% | CA$408.16 Million | CA$60.37 Million | CA$791.91 Million | ▲ +3.4 pp |
| 2012 | 81.9% | CA$334.52 Million | CA$60.70 Million | CA$755.81 Million | ▲ +19.1 pp |
| 2011 | 62.8% | CA$282.69 Million | CA$105.21 Million | CA$661.74 Million | ▼ -27.6 pp |
| 2010 | 90.3% | CA$265.82 Million | CA$25.65 Million | CA$654.26 Million | ▲ +1.1 pp |
| 2009 | 89.2% | CA$270.35 Million | CA$29.16 Million | CA$680.62 Million | ▲ +27.8 pp |
| 2008 | 61.4% | CA$263.81 Million | CA$101.79 Million | CA$670.70 Million | ▼ -22.6 pp |
| 2007 | 84.0% | CA$265.93 Million | CA$42.63 Million | CA$649.44 Million | ▼ -1.2 pp |
| 2006 | 85.2% | CA$304.89 Million | CA$45.20 Million | CA$684.32 Million | ▼ -14.8 pp |
| 2005 | 100.0% | CA$307.74 Million | CA$0.00 | CA$713.86 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$365.45 Million | CA$0.00 | CA$723.27 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$351.82 Million | CA$0.00 | CA$752.09 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$298.67 Million | CA$0.00 | CA$749.18 Million | ▲ +4.2 pp |
| 2001 | 95.8% | CA$318.56 Million | CA$13.42 Million | CA$719.90 Million | ▲ +0.6 pp |
| 2000 | 95.2% | CA$272.26 Million | CA$13.19 Million | CA$694.35 Million | ▲ +0.8 pp |
| 1999 | 94.3% | CA$231.80 Million | CA$13.20 Million | CA$583.60 Million | ▲ +1.6 pp |
| 1998 | 92.7% | CA$176.40 Million | CA$12.90 Million | CA$408.00 Million | ▲ +2.4 pp |
| 1997 | 90.3% | CA$137.90 Million | CA$13.40 Million | CA$299.80 Million | ▲ +11.8 pp |
| 1996 | 78.5% | CA$64.60 Million | CA$13.90 Million | CA$141.50 Million | ▲ +25.1 pp |
| 1995 | 53.4% | CA$32.60 Million | CA$15.20 Million | CA$74.70 Million | ▼ -4.3 pp |
| 1993 | 57.6% | CA$38.00 Million | CA$16.10 Million | CA$96.90 Million | ▲ +13.0 pp |
| 1992 | 44.6% | CA$18.60 Million | CA$10.30 Million | CA$50.80 Million | — |