George Weston Limited (WN) — Tangible Net Worth Ratio
George Weston Limited (WN) has a Tangible Net Worth Ratio of 59.6% as of September 2025. This metric is calculated by deducting intangible assets (CA$5.26 Billion) from net assets (CA$13.01 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. See George Weston Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
George Weston Limited Tangible Net Worth Ratio (1995–2024)
This chart shows how George Weston Limited's Tangible Net Worth Ratio has changed across 30 annual periods from 1995 to 2024. As of September 2025, the ratio stands at 59.6%, reflecting net assets of CA$13.01 Billion with intangible assets of CA$5.26 Billion CAD. See George Weston Limited (WN) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for George Weston Limited (1995–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for George Weston Limited from 1995 to 2024, 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 market value of George Weston Limited.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 58.4% | CA$13.14 Billion | CA$5.46 Billion | CA$51.44 Billion | ▲ +3.1 pp |
| 2023 | 55.4% | CA$13.46 Billion | CA$6.01 Billion | CA$49.77 Billion | ▲ +4.9 pp |
| 2022 | 50.5% | CA$13.18 Billion | CA$6.53 Billion | CA$48.96 Billion | ▼ -0.6 pp |
| 2021 | 51.1% | CA$13.14 Billion | CA$6.43 Billion | CA$47.08 Billion | ▲ +3.5 pp |
| 2020 | 47.6% | CA$13.42 Billion | CA$7.03 Billion | CA$48.08 Billion | ▲ +4.4 pp |
| 2019 | 43.2% | CA$13.18 Billion | CA$7.49 Billion | CA$47.81 Billion | ▼ -0.8 pp |
| 2018 | 44.0% | CA$14.20 Billion | CA$7.96 Billion | CA$43.81 Billion | ▲ +0.5 pp |
| 2017 | 43.4% | CA$14.79 Billion | CA$8.37 Billion | CA$38.54 Billion | ▲ +3.4 pp |
| 2016 | 40.0% | CA$14.79 Billion | CA$8.88 Billion | CA$37.95 Billion | ▲ +2.4 pp |
| 2015 | 37.6% | CA$14.89 Billion | CA$9.29 Billion | CA$38.22 Billion | ▲ +2.8 pp |
| 2014 | 34.8% | CA$14.25 Billion | CA$9.29 Billion | CA$37.15 Billion | ▼ -62.8 pp |
| 2013 | 97.6% | CA$8.92 Billion | CA$215.00 Million | CA$24.62 Billion | ▲ +0.3 pp |
| 2012 | 97.3% | CA$8.07 Billion | CA$216.00 Million | CA$21.80 Billion | ▼ -0.2 pp |
| 2011 | 97.6% | CA$7.90 Billion | CA$192.00 Million | CA$21.32 Billion | ▲ +0.3 pp |
| 2010 | 97.3% | CA$7.53 Billion | CA$202.00 Million | CA$21.70 Billion | ▼ -1.6 pp |
| 2009 | 98.9% | CA$9.32 Billion | CA$101.00 Million | CA$20.14 Billion | ▼ -0.9 pp |
| 2008 | 99.8% | CA$8.17 Billion | CA$18.00 Million | CA$19.66 Billion | ▲ +5.5 pp |
| 2007 | 94.2% | CA$7.07 Billion | CA$407.00 Million | CA$18.30 Billion | ▼ -5.8 pp |
| 2006 | 100.0% | CA$7.30 Billion | CA$0.00 | CA$18.53 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | CA$7.37 Billion | CA$0.00 | CA$18.50 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | CA$6.45 Billion | CA$0.00 | CA$17.90 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | CA$6.27 Billion | CA$0.00 | CA$17.34 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | CA$5.97 Billion | CA$0.00 | CA$16.66 Billion | ▲ +17.2 pp |
| 2001 | 82.8% | CA$5.00 Billion | CA$863.00 Million | CA$16.28 Billion | ▼ -2.5 pp |
| 2000 | 85.3% | CA$4.06 Billion | CA$597.00 Million | CA$11.42 Billion | ▼ -0.2 pp |
| 1999 | 85.5% | CA$3.69 Billion | CA$536.00 Million | CA$10.05 Billion | ▲ +1.3 pp |
| 1998 | 84.1% | CA$3.34 Billion | CA$531.00 Million | CA$9.04 Billion | ▲ +1.2 pp |
| 1997 | 83.0% | CA$2.23 Billion | CA$379.00 Million | CA$5.88 Billion | ▲ +0.1 pp |
| 1996 | 82.8% | CA$2.03 Billion | CA$348.00 Million | CA$5.44 Billion | ▲ +1.9 pp |
| 1995 | 80.9% | CA$1.94 Billion | CA$370.00 Million | CA$5.19 Billion | — |