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. Also explore net asset growth rate of Theratechnologies Inc. to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Theratechnologies Inc. stock valuation.
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. Explore TH capex reinvestment rate 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) |
|---|---|---|---|---|---|
| 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 | — |