Tucows Inc. Tangible Net Worth Ratio
Tucows Inc. tangible net worth ratio. Tucows Inc. (TC) has a Tangible Net Worth Ratio of -198.6% as of December 2023. This metric is calculated by deducting intangible assets (CA$29.48 Million) from net assets (CA$9.88 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 Tucows Inc. equity growth rate 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 Tucows Inc. (1996–2023)
Tangible net worth ratio of Tucows Inc. from 1996 to 2023. This chart shows how Tucows Inc.'s Tangible Net Worth Ratio has changed across 25 annual periods from 1996 to 2023. As of December 2023, the ratio stands at -198.6%, reflecting net assets of CA$9.88 Million with intangible assets of CA$29.48 Million CAD. Check strategic asset allocation of Tucows Inc. to assess the company's strategic physical and investment asset allocation.
Tucows Inc. Tangible Net Worth Ratio by Year (1996–2023)
Tucows Inc. tangible net worth ratio by year from 1996 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Tucows Inc. from 1996 to 2023, covering 25 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 value of Tucows Inc..
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -198.6% | CA$9.88 Million | CA$29.48 Million | CA$798.43 Million | ▼ -257.4 pp |
| 2022 | 58.8% | CA$96.66 Million | CA$39.79 Million | CA$664.75 Million | ▲ +2.6 pp |
| 2021 | 56.2% | CA$115.09 Million | CA$50.41 Million | CA$539.60 Million | ▲ +1.5 pp |
| 2020 | 54.7% | CA$104.70 Million | CA$47.44 Million | CA$451.90 Million | ▲ +15.9 pp |
| 2019 | 38.8% | CA$94.19 Million | CA$57.65 Million | CA$425.92 Million | ▲ +0.7 pp |
| 2018 | 38.1% | CA$79.78 Million | CA$49.40 Million | CA$339.57 Million | ▲ +35.1 pp |
| 2017 | 3.0% | CA$60.21 Million | CA$58.41 Million | CA$350.65 Million | ▼ -44.2 pp |
| 2016 | 47.2% | CA$37.82 Million | CA$19.97 Million | CA$154.41 Million | ▲ +2.1 pp |
| 2015 | 45.0% | CA$26.33 Million | CA$14.47 Million | CA$129.13 Million | ▼ -15.1 pp |
| 2014 | 60.2% | CA$35.64 Million | CA$14.20 Million | CA$125.80 Million | ▲ +17.4 pp |
| 2013 | 42.8% | CA$26.92 Million | CA$15.40 Million | CA$121.35 Million | ▲ +4.6 pp |
| 2012 | 38.2% | CA$26.55 Million | CA$16.42 Million | CA$118.77 Million | ▼ -4.4 pp |
| 2011 | 42.5% | CA$30.42 Million | CA$17.48 Million | CA$115.69 Million | ▲ +13.1 pp |
| 2010 | 29.4% | CA$23.92 Million | CA$16.88 Million | CA$101.48 Million | ▼ -10.6 pp |
| 2009 | 40.0% | CA$31.10 Million | CA$18.66 Million | CA$104.14 Million | ▲ +34.2 pp |
| 2008 | 5.8% | CA$21.45 Million | CA$20.21 Million | CA$96.52 Million | ▲ +20.3 pp |
| 2007 | -14.5% | CA$19.35 Million | CA$22.15 Million | CA$100.04 Million | ▼ -14.4 pp |
| 2006 | -0.1% | CA$18.54 Million | CA$18.55 Million | CA$84.67 Million | ▼ -92.4 pp |
| 2005 | 92.3% | CA$13.09 Million | CA$1.01 Million | CA$57.06 Million | ▲ +21.9 pp |
| 2004 | 70.4% | CA$7.46 Million | CA$2.21 Million | CA$47.30 Million | ▼ -29.6 pp |
| 2003 | 100.0% | CA$866.12K | CA$0.00 | CA$35.34 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$12.45 Million | CA$0.00 | CA$15.80 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$22.90 Million | CA$0.00 | CA$30.10 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$10.50 Million | CA$0.00 | CA$18.80 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$27.70 Million | CA$0.00 | CA$30.20 Million | — |