Transat AT Inc (TRZ) — Tangible Net Worth Ratio
Transat AT Inc (TRZ) has a Tangible Net Worth Ratio of -336.3% as of January 2021. This metric is calculated by deducting intangible assets (CA$23.22 Million) from net assets (CA$5.32 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 TRZ current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Transat AT Inc Tangible Net Worth Ratio (1993–2020)
This chart shows how Transat AT Inc's Tangible Net Worth Ratio has changed across 28 annual periods from 1993 to 2020. As of January 2021, the ratio stands at -336.3%, reflecting net assets of CA$5.32 Million with intangible assets of CA$23.22 Million CAD. See TRZ defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Transat AT Inc (1993–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Transat AT Inc from 1993 to 2020, covering 28 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 market cap of Transat AT Inc.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 61.5% | CA$66.31 Million | CA$25.51 Million | CA$2.02 Billion | ▼ -31.6 pp |
| 2019 | 93.1% | CA$534.78 Million | CA$36.85 Million | CA$1.58 Billion | ▲ +0.2 pp |
| 2018 | 92.9% | CA$599.37 Million | CA$42.69 Million | CA$1.56 Billion | ▲ +1.5 pp |
| 2017 | 91.4% | CA$577.87 Million | CA$49.60 Million | CA$1.45 Billion | ▲ +2.3 pp |
| 2016 | 89.2% | CA$464.39 Million | CA$50.33 Million | CA$1.28 Billion | ▲ +4.0 pp |
| 2015 | 85.1% | CA$537.25 Million | CA$79.86 Million | CA$1.51 Billion | ▲ +0.2 pp |
| 2014 | 84.9% | CA$482.95 Million | CA$72.77 Million | CA$1.38 Billion | ▲ +0.2 pp |
| 2013 | 84.7% | CA$441.39 Million | CA$67.33 Million | CA$1.29 Billion | ▼ -1.3 pp |
| 2012 | 86.0% | CA$369.13 Million | CA$51.53 Million | CA$1.16 Billion | ▼ -1.9 pp |
| 2011 | 87.9% | CA$432.62 Million | CA$52.35 Million | CA$1.22 Billion | ▼ -0.6 pp |
| 2010 | 88.5% | CA$439.07 Million | CA$50.46 Million | CA$1.19 Billion | ▲ +1.1 pp |
| 2009 | 87.4% | CA$367.36 Million | CA$46.16 Million | CA$1.13 Billion | ▼ -12.6 pp |
| 2008 | 100.0% | CA$341.99 Million | CA$0.00 | CA$1.27 Billion | ▲ +10.2 pp |
| 2007 | 89.8% | CA$282.87 Million | CA$28.90 Million | CA$1.10 Billion | ▲ +41.7 pp |
| 2006 | 48.1% | CA$295.96 Million | CA$153.68 Million | CA$959.20 Million | ▼ -51.9 pp |
| 2005 | 100.0% | CA$393.12 Million | CA$0.00 | CA$949.54 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$337.56 Million | CA$0.00 | CA$838.39 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$263.82 Million | CA$0.00 | CA$714.76 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$211.28 Million | CA$0.00 | CA$775.08 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$147.80 Million | CA$0.00 | CA$614.37 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$232.46 Million | CA$0.00 | CA$684.12 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$204.15 Million | CA$0.00 | CA$545.35 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$182.67 Million | CA$0.00 | CA$496.57 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$164.42 Million | CA$0.00 | CA$467.48 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$52.99 Million | CA$0.00 | CA$308.93 Million | ▲ +13.4 pp |
| 1995 | 86.6% | CA$35.90 Million | CA$4.80 Million | CA$171.80 Million | ▲ +1.5 pp |
| 1994 | 85.2% | CA$39.80 Million | CA$5.90 Million | CA$176.50 Million | ▲ +7.7 pp |
| 1993 | 77.5% | CA$32.90 Million | CA$7.40 Million | CA$175.30 Million | — |