MDA Ltd (MDA) — Tangible Net Worth Ratio

Latest as of March 2026: 52.7%

MDA Ltd (MDA) has a Tangible Net Worth Ratio of 52.7% as of March 2026. This metric is calculated by deducting intangible assets (CA$872.70 Million) from net assets (CA$1.85 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. Also explore MDA Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

52.7%
Tangible equity / total equity

Net Assets (Equity)

CA$1.85 Billion
CAD

Intangible Assets

CA$872.70 Million
Goodwill, patents, brand value

Total Assets

CA$3.80 Billion
CAD

MDA Ltd Tangible Net Worth Ratio (2020–2025)

This chart shows how MDA Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 52.7%, reflecting net assets of CA$1.85 Billion with intangible assets of CA$872.70 Million CAD. For live market cap and overall valuation, see MDA market cap overview.

Annual Tangible Net Worth Ratio for MDA Ltd (2020–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for MDA Ltd from 2020 to 2025, covering 6 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 how much does MDA Ltd reinvest in capital 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 35.3% CA$1.35 Billion CA$876.70 Million CA$3.36 Billion ▼ -15.4 pp
2024 50.7% CA$1.18 Billion CA$580.00 Million CA$2.60 Billion ▲ +5.4 pp
2023 45.3% CA$1.06 Billion CA$582.50 Million CA$2.16 Billion ▲ +0.5 pp
2022 44.8% CA$1.00 Billion CA$552.40 Million CA$1.75 Billion ▲ +4.2 pp
2021 40.6% CA$961.70 Million CA$571.20 Million CA$1.53 Billion ▲ +69.4 pp
2020 -28.8% CA$457.40 Million CA$589.00 Million CA$1.46 Billion
pp = percentage points