Theratechnologies Inc. (TH) — Tangible Net Worth Ratio
Theratechnologies Inc. (TH) has a Tangible Net Worth Ratio of -114.7% as of February 2022. This metric is calculated by deducting intangible assets (CA$21.81 Million) from net assets (CA$10.16 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 working capital position of Theratechnologies Inc. to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Theratechnologies Inc. Tangible Net Worth Ratio (1996–2021)
This chart shows how Theratechnologies Inc.'s Tangible Net Worth Ratio has changed across 26 annual periods from 1996 to 2021. As of February 2022, the ratio stands at -114.7%, reflecting net assets of CA$10.16 Million with intangible assets of CA$21.81 Million CAD. See defensive interval ratio of Theratechnologies Inc. to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Theratechnologies Inc. (1996–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Theratechnologies Inc. from 1996 to 2021, covering 26 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 Theratechnologies Inc. market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -34.2% | CA$17.76 Million | CA$23.83 Million | CA$119.21 Million | ▲ +853.8 pp |
| 2020 | -888.0% | CA$3.22 Million | CA$31.85 Million | CA$100.14 Million | ▼ -828.2 pp |
| 2019 | -59.8% | CA$24.83 Million | CA$39.68 Million | CA$117.56 Million | ▼ -116.6 pp |
| 2018 | 56.8% | CA$35.05 Million | CA$15.14 Million | CA$111.25 Million | ▲ +7.3 pp |
| 2017 | 49.5% | CA$33.51 Million | CA$16.92 Million | CA$59.29 Million | ▲ +26.1 pp |
| 2016 | 23.4% | CA$20.02 Million | CA$15.34 Million | CA$39.43 Million | ▲ +1.1 pp |
| 2015 | 22.3% | CA$14.98 Million | CA$11.63 Million | CA$37.46 Million | ▲ +113.7 pp |
| 2014 | -91.3% | CA$6.87 Million | CA$13.14 Million | CA$28.51 Million | ▼ -190.2 pp |
| 2013 | 98.8% | CA$17.45 Million | CA$203.94K | CA$23.40 Million | ▼ -1.2 pp |
| 2012 | 100.0% | CA$22.82 Million | CA$0.00 | CA$36.58 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$35.20 Million | CA$0.00 | CA$51.20 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$51.65 Million | CA$0.00 | CA$70.28 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$40.70 Million | CA$0.00 | CA$65.70 Million | ▲ +1.3 pp |
| 2008 | 98.7% | CA$37.80 Million | CA$482.32K | CA$43.60 Million | ▲ +7.7 pp |
| 2007 | 91.1% | CA$65.94 Million | CA$5.90 Million | CA$74.55 Million | ▲ +5.0 pp |
| 2006 | 86.1% | CA$38.96 Million | CA$5.43 Million | CA$44.65 Million | ▼ -12.3 pp |
| 2005 | 98.3% | CA$41.96 Million | CA$712.36K | CA$45.93 Million | ▲ +10.0 pp |
| 2004 | 88.3% | CA$53.02 Million | CA$6.18 Million | CA$57.23 Million | ▼ -11.7 pp |
| 2003 | 100.0% | CA$64.48 Million | CA$0.00 | CA$72.88 Million | ▲ +16.9 pp |
| 2002 | 83.1% | CA$79.51 Million | CA$13.45 Million | CA$89.78 Million | ▼ -16.9 pp |
| 2001 | 100.0% | CA$70.95 Million | CA$0.00 | CA$90.38 Million | ▲ +14.3 pp |
| 2000 | 85.7% | CA$38.53 Million | CA$5.52 Million | CA$54.99 Million | ▼ -6.3 pp |
| 1999 | 92.0% | CA$16.91 Million | CA$1.36 Million | CA$18.40 Million | ▼ -4.5 pp |
| 1998 | 96.4% | CA$10.94 Million | CA$390.62K | CA$12.43 Million | ▲ +0.4 pp |
| 1997 | 96.0% | CA$7.03 Million | CA$281.10K | CA$8.50 Million | ▼ -4.0 pp |
| 1996 | 100.0% | CA$11.80 Million | CA$0.00 | CA$16.25 Million | — |