Toromont Industries Ltd. Tangible Net Worth Ratio
Toromont Industries Ltd. tangible net worth ratio. Toromont Industries Ltd. (TIH) has a Tangible Net Worth Ratio of 81.0% as of June 2025. This metric is calculated by deducting intangible assets (CA$571.18 Million) from net assets (CA$3.01 Billion) 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. Check asset allocation strategy of Toromont Industries Ltd. to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Toromont Industries Ltd. (1993–2024)
Tangible net worth ratio of Toromont Industries Ltd. from 1993 to 2024. This chart shows how Toromont Industries Ltd.'s Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2024. As of June 2025, the ratio stands at 81.0%, reflecting net assets of CA$3.01 Billion with intangible assets of CA$571.18 Million CAD. See TIH working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Toromont Industries Ltd. Tangible Net Worth Ratio by Year (1993–2024)
Toromont Industries Ltd. tangible net worth ratio by year from 1993 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Toromont Industries Ltd. from 1993 to 2024, covering 32 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 TIH market cap overview.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 87.4% | CA$2.96 Billion | CA$373.83 Million | CA$4.87 Billion | ▲ +1.4 pp |
| 2023 | 86.0% | CA$2.68 Billion | CA$376.31 Million | CA$4.57 Billion | ▲ +2.3 pp |
| 2022 | 83.7% | CA$2.33 Billion | CA$378.79 Million | CA$4.18 Billion | ▲ +3.2 pp |
| 2021 | 80.5% | CA$1.95 Billion | CA$381.26 Million | CA$3.58 Billion | ▲ +3.1 pp |
| 2020 | 77.4% | CA$1.70 Billion | CA$384.41 Million | CA$3.35 Billion | ▲ +2.7 pp |
| 2019 | 74.6% | CA$1.53 Billion | CA$389.05 Million | CA$3.37 Billion | ▲ +4.2 pp |
| 2018 | 70.4% | CA$1.33 Billion | CA$392.53 Million | CA$3.23 Billion | ▲ +4.8 pp |
| 2017 | 65.7% | CA$1.12 Billion | CA$386.22 Million | CA$2.86 Billion | ▼ -32.8 pp |
| 2016 | 98.4% | CA$885.43 Million | CA$14.05 Million | CA$1.41 Billion | ▲ +0.2 pp |
| 2015 | 98.2% | CA$775.28 Million | CA$14.08 Million | CA$1.28 Billion | ▲ +0.4 pp |
| 2014 | 97.8% | CA$668.08 Million | CA$14.52 Million | CA$1.11 Billion | ▲ +0.3 pp |
| 2013 | 97.5% | CA$576.56 Million | CA$14.14 Million | CA$1.03 Billion | ▲ +0.4 pp |
| 2012 | 97.1% | CA$476.57 Million | CA$13.67 Million | CA$936.17 Million | ▼ -2.9 pp |
| 2011 | 100.0% | CA$403.86 Million | CA$0.00 | CA$913.33 Million | ▲ +2.7 pp |
| 2010 | 97.3% | CA$1.21 Billion | CA$33.13 Million | CA$2.27 Billion | ▼ -2.7 pp |
| 2009 | 100.0% | CA$854.06 Million | CA$0.00 | CA$1.36 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | CA$779.10 Million | CA$0.00 | CA$1.53 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | CA$654.73 Million | CA$0.00 | CA$1.36 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | CA$565.56 Million | CA$0.00 | CA$1.30 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | CA$481.81 Million | CA$0.00 | CA$1.14 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | CA$415.86 Million | CA$0.00 | CA$944.81 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$376.84 Million | CA$0.00 | CA$856.18 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$335.32 Million | CA$0.00 | CA$771.90 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$314.25 Million | CA$0.00 | CA$720.70 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$218.21 Million | CA$0.00 | CA$613.79 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$203.10 Million | CA$0.00 | CA$528.10 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$183.60 Million | CA$0.00 | CA$443.00 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$155.80 Million | CA$0.00 | CA$434.30 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$100.30 Million | CA$0.00 | CA$318.30 Million | ▲ +0.0 pp |
| 1995 | 100.0% | CA$79.70 Million | CA$0.00 | CA$258.70 Million | ▲ +0.0 pp |
| 1994 | 100.0% | CA$64.50 Million | CA$0.00 | CA$211.50 Million | ▲ +0.0 pp |
| 1993 | 100.0% | CA$48.90 Million | CA$0.00 | CA$146.60 Million | — |