Pollard Banknote Limited (PBL) — Tangible Net Worth Ratio
Pollard Banknote Limited (PBL) has a Tangible Net Worth Ratio of 62.1% as of December 2025. This metric is calculated by deducting intangible assets (CA$141.34 Million) from net assets (CA$373.40 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. Check Pollard Banknote Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Pollard Banknote Limited Tangible Net Worth Ratio (2005–2025)
This chart shows how Pollard Banknote Limited's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 62.1%, reflecting net assets of CA$373.40 Million with intangible assets of CA$141.34 Million CAD. See Pollard Banknote Limited (PBL) net assets for net asset value and shareholders' equity analysis.
Annual Tangible Net Worth Ratio for Pollard Banknote Limited (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Pollard Banknote Limited from 2005 to 2025, covering 20 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 Pollard Banknote Limited (PBL) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 62.1% | CA$373.40 Million | CA$141.34 Million | CA$695.89 Million | ▲ +0.5 pp |
| 2024 | 61.7% | CA$334.13 Million | CA$128.03 Million | CA$636.31 Million | ▼ -0.5 pp |
| 2023 | 62.2% | CA$274.80 Million | CA$103.93 Million | CA$515.71 Million | ▲ +1.7 pp |
| 2022 | 60.5% | CA$251.93 Million | CA$99.46 Million | CA$499.27 Million | ▲ +6.1 pp |
| 2021 | 54.4% | CA$206.96 Million | CA$94.31 Million | CA$461.40 Million | ▲ +6.5 pp |
| 2020 | 47.9% | CA$142.38 Million | CA$74.15 Million | CA$404.57 Million | ▼ -8.1 pp |
| 2019 | 56.0% | CA$123.28 Million | CA$54.21 Million | CA$352.26 Million | ▼ -1.4 pp |
| 2018 | 57.4% | CA$117.64 Million | CA$50.09 Million | CA$305.60 Million | ▲ +5.6 pp |
| 2017 | 51.8% | CA$57.57 Million | CA$27.75 Million | CA$228.27 Million | ▼ -25.2 pp |
| 2016 | 77.0% | CA$51.84 Million | CA$11.92 Million | CA$176.76 Million | ▲ +5.3 pp |
| 2015 | 71.7% | CA$43.58 Million | CA$12.34 Million | CA$164.09 Million | ▲ +10.9 pp |
| 2014 | 60.8% | CA$33.91 Million | CA$13.29 Million | CA$149.32 Million | ▲ +1.0 pp |
| 2013 | 59.8% | CA$33.64 Million | CA$13.53 Million | CA$133.38 Million | ▲ +5.3 pp |
| 2012 | 54.5% | CA$26.01 Million | CA$11.84 Million | CA$126.95 Million | ▼ -1.1 pp |
| 2011 | 55.6% | CA$27.66 Million | CA$12.29 Million | CA$121.62 Million | ▼ -4.8 pp |
| 2010 | 60.4% | CA$34.70 Million | CA$13.74 Million | CA$135.96 Million | ▼ -39.6 pp |
| 2008 | 100.0% | CA$46.46 Million | CA$0.00 | CA$46.99 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$56.07 Million | CA$0.00 | CA$56.60 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$58.22 Million | CA$0.00 | CA$58.75 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$62.19 Million | CA$0.00 | CA$62.71 Million | — |