Western Energy Services Corp. (WRG) — Tangible Net Worth Ratio
Western Energy Services Corp. (WRG) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$268.04 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 Western Energy Services Corp. annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Western Energy Services Corp. Tangible Net Worth Ratio (1999–2025)
This chart shows how Western Energy Services Corp.'s Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CA$268.04 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Western Energy Services Corp. stock valuation.
Annual Tangible Net Worth Ratio for Western Energy Services Corp. (1999–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Western Energy Services Corp. from 1999 to 2025, covering 27 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 Western Energy Services Corp. capex to cash flow ratio 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) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$265.45 Million | CA$0.00 | CA$378.65 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$295.85 Million | CA$0.00 | CA$430.98 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$295.67 Million | CA$0.00 | CA$442.93 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$302.53 Million | CA$0.00 | CA$475.71 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$186.50 Million | CA$0.00 | CA$456.00 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$222.47 Million | CA$0.00 | CA$495.62 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$267.09 Million | CA$0.00 | CA$550.54 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$353.80 Million | CA$0.00 | CA$667.29 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$386.15 Million | CA$0.00 | CA$760.50 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$407.21 Million | CA$0.00 | CA$793.52 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$471.70 Million | CA$0.00 | CA$876.61 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$601.20 Million | CA$0.00 | CA$1.06 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | CA$563.42 Million | CA$0.00 | CA$986.79 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$454.79 Million | CA$0.00 | CA$749.45 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$414.32 Million | CA$0.00 | CA$619.64 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$187.32 Million | CA$0.00 | CA$264.65 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$8.08 Million | CA$0.00 | CA$12.22 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$7.47 Million | CA$0.00 | CA$22.40 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$9.51 Million | CA$0.00 | CA$26.90 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$7.75 Million | CA$0.00 | CA$19.02 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$6.48 Million | CA$0.00 | CA$11.30 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$3.60 Million | CA$0.00 | CA$8.71 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$966.88K | CA$0.00 | CA$1.20 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$748.51K | CA$0.00 | CA$1.12 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$892.53K | CA$0.00 | CA$1.20 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$860.38K | CA$0.00 | CA$1.17 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$904.97K | CA$0.00 | CA$1.13 Million | — |