Trican Well Service Ltd. (TCW) — Tangible Net Worth Ratio
Trican Well Service Ltd. (TCW) has a Tangible Net Worth Ratio of 91.2% as of December 2025. This metric is calculated by deducting intangible assets (CA$61.05 Million) from net assets (CA$695.85 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 Trican Well Service Ltd. shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Trican Well Service Ltd. Tangible Net Worth Ratio (1996–2025)
This chart shows how Trican Well Service Ltd.'s Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 91.2%, reflecting net assets of CA$695.85 Million with intangible assets of CA$61.05 Million CAD. Also explore TCW year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Trican Well Service Ltd. (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Trican Well Service Ltd. from 1996 to 2025, covering 30 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 Trican Well Service Ltd. (TCW) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.2% | CA$695.85 Million | CA$61.05 Million | CA$1.01 Billion | ▼ -8.8 pp |
| 2024 | 100.0% | CA$488.39 Million | CA$0.00 | CA$683.07 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$517.07 Million | CA$0.00 | CA$710.44 Million | ▲ +0.6 pp |
| 2022 | 99.4% | CA$504.67 Million | CA$3.04 Million | CA$671.12 Million | ▲ +2.2 pp |
| 2021 | 97.2% | CA$489.40 Million | CA$13.50 Million | CA$577.84 Million | ▲ +2.1 pp |
| 2020 | 95.1% | CA$492.27 Million | CA$23.96 Million | CA$563.21 Million | ▼ -0.2 pp |
| 2019 | 95.4% | CA$741.11 Million | CA$34.41 Million | CA$926.52 Million | ▲ +0.7 pp |
| 2018 | 94.7% | CA$844.14 Million | CA$44.87 Million | CA$1.04 Billion | ▼ -0.4 pp |
| 2017 | 95.1% | CA$1.18 Billion | CA$57.48 Million | CA$1.51 Billion | ▼ -4.8 pp |
| 2016 | 100.0% | CA$567.72 Million | CA$213.00K | CA$915.44 Million | ▲ +5.2 pp |
| 2015 | 94.7% | CA$552.00 Million | CA$29.10 Million | CA$1.31 Billion | ▼ -2.5 pp |
| 2014 | 97.2% | CA$1.29 Billion | CA$36.25 Million | CA$2.54 Billion | ▲ +0.5 pp |
| 2013 | 96.7% | CA$1.35 Billion | CA$44.28 Million | CA$2.41 Billion | ▼ -2.5 pp |
| 2012 | 99.3% | CA$1.38 Billion | CA$10.08 Million | CA$2.40 Billion | ▲ +0.3 pp |
| 2011 | 98.9% | CA$1.37 Billion | CA$14.66 Million | CA$2.22 Billion | ▲ +1.0 pp |
| 2010 | 97.9% | CA$1.01 Billion | CA$20.82 Million | CA$1.45 Billion | ▲ +2.3 pp |
| 2009 | 95.7% | CA$647.49 Million | CA$28.08 Million | CA$1.03 Billion | ▲ +1.0 pp |
| 2008 | 94.6% | CA$720.34 Million | CA$38.54 Million | CA$1.23 Billion | ▲ +0.5 pp |
| 2007 | 94.1% | CA$694.05 Million | CA$40.66 Million | CA$1.05 Billion | ▼ -5.9 pp |
| 2006 | 100.0% | CA$541.19 Million | CA$0.00 | CA$745.21 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$361.98 Million | CA$0.00 | CA$535.54 Million | ▲ +4.7 pp |
| 2004 | 95.3% | CA$223.15 Million | CA$10.40 Million | CA$348.40 Million | ▲ +0.7 pp |
| 2003 | 94.7% | CA$161.96 Million | CA$8.66 Million | CA$253.09 Million | ▲ +1.5 pp |
| 2002 | 93.2% | CA$123.42 Million | CA$8.45 Million | CA$201.21 Million | ▲ +3.3 pp |
| 2001 | 89.8% | CA$92.59 Million | CA$9.44 Million | CA$164.05 Million | ▲ +1.3 pp |
| 2000 | 88.5% | CA$69.75 Million | CA$8.00 Million | CA$130.62 Million | ▲ +25.1 pp |
| 1999 | 63.4% | CA$50.00 Million | CA$18.30 Million | CA$71.30 Million | ▼ -31.5 pp |
| 1998 | 94.9% | CA$33.60 Million | CA$1.70 Million | CA$48.40 Million | ▲ +26.1 pp |
| 1997 | 68.8% | CA$23.10 Million | CA$7.20 Million | CA$37.60 Million | ▼ -31.2 pp |
| 1996 | 100.0% | CA$11.00 Million | CA$0.00 | CA$12.70 Million | — |