Propel Holdings Inc (PRL) — Tangible Net Worth Ratio
Propel Holdings Inc (PRL) has a Tangible Net Worth Ratio of 69.9% as of September 2025. This metric is calculated by deducting intangible assets (CA$78.09 Million) from net assets (CA$259.55 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. See Propel Holdings Inc (PRL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Propel Holdings Inc Tangible Net Worth Ratio (2018–2024)
This chart shows how Propel Holdings Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 69.9%, reflecting net assets of CA$259.55 Million with intangible assets of CA$78.09 Million CAD. See Propel Holdings Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Propel Holdings Inc (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Propel Holdings Inc from 2018 to 2024, covering 7 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 Propel Holdings Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 87.2% | CA$210.11 Million | CA$26.94 Million | CA$551.01 Million | ▲ +0.4 pp |
| 2023 | 86.8% | CA$101.52 Million | CA$13.44 Million | CA$344.26 Million | ▲ +0.8 pp |
| 2022 | 85.9% | CA$81.64 Million | CA$11.47 Million | CA$256.68 Million | ▼ -3.5 pp |
| 2021 | 89.5% | CA$75.33 Million | CA$7.91 Million | CA$149.50 Million | ▲ +49.8 pp |
| 2020 | 39.7% | CA$8.42 Million | CA$5.07 Million | CA$79.05 Million | ▲ +67.9 pp |
| 2019 | -28.2% | CA$3.62 Million | CA$4.63 Million | CA$51.16 Million | ▲ +31.4 pp |
| 2018 | -59.6% | CA$2.03 Million | CA$3.24 Million | CA$33.17 Million | — |