Source Energy Services Ltd Tangible Net Worth Ratio
Source Energy Services Ltd tangible net worth ratio. Source Energy Services Ltd (SHLE) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$210.34 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 SHLE net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Source Energy Services Ltd (2017–2024)
Tangible net worth ratio of Source Energy Services Ltd from 2017 to 2024. This chart shows how Source Energy Services Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$210.34 Million with intangible assets of CA$0.00 CAD. Check SHLE capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Source Energy Services Ltd Tangible Net Worth Ratio by Year (2017–2024)
Source Energy Services Ltd tangible net worth ratio by year from 2017 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Source Energy Services Ltd from 2017 to 2024, covering 8 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 live market cap and overall valuation, see market cap of Source Energy Services Ltd.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$189.87 Million | CA$0.00 | CA$598.22 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$169.13 Million | CA$0.00 | CA$482.83 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$5.66 Million | CA$0.00 | CA$326.90 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$6.53 Million | CA$0.00 | CA$266.03 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$32.69 Million | CA$0.00 | CA$266.26 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$199.31 Million | CA$0.00 | CA$496.67 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$304.67 Million | CA$0.00 | CA$520.34 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$282.19 Million | CA$0.00 | CA$467.96 Million | — |