Pizza Pizza Royalty Corp. (PZA) — Tangible Net Worth Ratio
Pizza Pizza Royalty Corp. (PZA) has a Tangible Net Worth Ratio of -22.7% as of March 2026. This metric is calculated by deducting intangible assets (CA$376.31 Million) from net assets (CA$306.80 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 Pizza Pizza Royalty Corp. (PZA) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Pizza Pizza Royalty Corp. Tangible Net Worth Ratio (2005–2025)
This chart shows how Pizza Pizza Royalty Corp.'s Tangible Net Worth Ratio has changed across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at -22.7%, reflecting net assets of CA$306.80 Million with intangible assets of CA$376.31 Million CAD. For live market cap and overall valuation, see Pizza Pizza Royalty Corp. (PZA) total market value.
Annual Tangible Net Worth Ratio for Pizza Pizza Royalty Corp. (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Pizza Pizza Royalty Corp. from 2005 to 2025, covering 21 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 PZA capital expenditure intensity 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 | -22.7% | CA$301.49 Million | CA$369.85 Million | CA$377.10 Million | ▼ -0.7 pp |
| 2024 | -22.0% | CA$298.22 Million | CA$363.87 Million | CA$373.75 Million | ▼ -0.9 pp |
| 2023 | -21.1% | CA$293.91 Million | CA$355.90 Million | CA$370.09 Million | ▼ -0.1 pp |
| 2022 | -21.0% | CA$292.42 Million | CA$353.72 Million | CA$367.83 Million | ▲ +0.9 pp |
| 2021 | -21.9% | CA$290.23 Million | CA$353.72 Million | CA$363.06 Million | ▲ +0.8 pp |
| 2020 | -22.6% | CA$288.40 Million | CA$353.72 Million | CA$361.55 Million | ▼ -0.3 pp |
| 2019 | -22.4% | CA$287.46 Million | CA$351.82 Million | CA$359.01 Million | ▼ -0.3 pp |
| 2018 | -22.1% | CA$285.29 Million | CA$348.42 Million | CA$355.76 Million | ▼ -0.2 pp |
| 2017 | -21.9% | CA$279.78 Million | CA$341.13 Million | CA$349.54 Million | ▲ +0.2 pp |
| 2016 | -22.1% | CA$275.40 Million | CA$336.37 Million | CA$344.65 Million | ▼ 0.0 pp |
| 2015 | -22.1% | CA$273.45 Million | CA$333.90 Million | CA$342.39 Million | ▼ -2.4 pp |
| 2014 | -19.7% | CA$273.97 Million | CA$327.86 Million | CA$335.11 Million | ▼ -0.5 pp |
| 2013 | -19.2% | CA$269.81 Million | CA$321.54 Million | CA$328.68 Million | ▼ -0.1 pp |
| 2012 | -19.1% | CA$268.11 Million | CA$319.32 Million | CA$325.74 Million | ▲ +43.5 pp |
| 2011 | -62.6% | CA$196.29 Million | CA$319.21 Million | CA$357.29 Million | ▼ -162.6 pp |
| 2010 | 100.0% | CA$221.60 Million | CA$0.00 | CA$229.22 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$219.37 Million | CA$0.00 | CA$226.74 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$212.66 Million | CA$0.00 | CA$220.33 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$202.78 Million | CA$0.00 | CA$212.64 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$170.52 Million | CA$0.00 | CA$171.80 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$169.14 Million | CA$0.00 | CA$170.36 Million | — |