Northland Power Inc. (NPI) — Tangible Net Worth Ratio
Northland Power Inc. (NPI) has a Tangible Net Worth Ratio of 91.1% as of September 2025. This metric is calculated by deducting intangible assets (CA$378.17 Million) from net assets (CA$4.25 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 working capital to net assets of Northland Power Inc. to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Northland Power Inc. Tangible Net Worth Ratio (1999–2024)
This chart shows how Northland Power Inc.'s Tangible Net Worth Ratio has changed across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at 91.1%, reflecting net assets of CA$4.25 Billion with intangible assets of CA$378.17 Million CAD. See Northland Power Inc. (NPI) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Northland Power Inc. (1999–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Northland Power Inc. from 1999 to 2024, covering 26 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 how much is Northland Power Inc. worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.4% | CA$4.56 Billion | CA$393.89 Million | CA$13.60 Billion | ▲ +1.3 pp |
| 2023 | 90.0% | CA$4.48 Billion | CA$446.87 Million | CA$13.63 Billion | ▲ +0.9 pp |
| 2022 | 89.1% | CA$4.72 Billion | CA$515.77 Million | CA$14.22 Billion | ▲ +5.9 pp |
| 2021 | 83.2% | CA$2.97 Billion | CA$497.63 Million | CA$12.88 Billion | ▲ +9.8 pp |
| 2020 | 73.4% | CA$2.00 Billion | CA$533.17 Million | CA$11.40 Billion | ▲ +7.9 pp |
| 2019 | 65.5% | CA$1.51 Billion | CA$521.05 Million | CA$10.48 Billion | ▲ +3.2 pp |
| 2018 | 62.3% | CA$1.54 Billion | CA$581.10 Million | CA$10.34 Billion | ▲ +2.3 pp |
| 2017 | 59.9% | CA$1.46 Billion | CA$583.99 Million | CA$10.28 Billion | ▼ -23.0 pp |
| 2016 | 83.0% | CA$1.38 Billion | CA$234.33 Million | CA$8.66 Billion | ▲ +1.3 pp |
| 2015 | 81.7% | CA$1.41 Billion | CA$257.41 Million | CA$7.37 Billion | ▲ +14.3 pp |
| 2014 | 67.4% | CA$1.07 Billion | CA$348.16 Million | CA$4.97 Billion | ▼ -12.4 pp |
| 2013 | 79.9% | CA$929.53 Million | CA$187.12 Million | CA$3.04 Billion | ▲ +8.3 pp |
| 2012 | 71.5% | CA$701.12 Million | CA$199.61 Million | CA$2.52 Billion | ▲ +3.5 pp |
| 2011 | 68.0% | CA$679.74 Million | CA$217.29 Million | CA$2.25 Billion | ▼ -2.5 pp |
| 2010 | 70.5% | CA$816.73 Million | CA$240.73 Million | CA$1.90 Billion | ▲ +6.7 pp |
| 2009 | 63.8% | CA$727.61 Million | CA$263.42 Million | CA$1.69 Billion | ▼ -36.2 pp |
| 2008 | 100.0% | CA$420.95 Million | CA$0.00 | CA$675.53 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$427.26 Million | CA$0.00 | CA$690.79 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$531.06 Million | CA$0.00 | CA$730.56 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$379.10 Million | CA$0.00 | CA$548.85 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$366.94 Million | CA$0.00 | CA$575.69 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$387.72 Million | CA$0.00 | CA$435.25 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$227.35 Million | CA$0.00 | CA$325.75 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$238.38 Million | CA$0.00 | CA$247.38 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$247.95 Million | CA$0.00 | CA$257.79 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$256.63 Million | CA$0.00 | CA$267.81 Million | — |