Western Resources Corp (WRX) — Tangible Net Worth Ratio
Western Resources Corp (WRX) has a Tangible Net Worth Ratio of 99.9% as of June 2024. This metric is calculated by deducting intangible assets (CA$337.20K) from net assets (CA$242.88 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 momentum of Western Resources Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Western Resources Corp Tangible Net Worth Ratio (2007–2023)
This chart shows how Western Resources Corp's Tangible Net Worth Ratio has changed across 17 annual periods from 2007 to 2023. As of June 2024, the ratio stands at 99.9%, reflecting net assets of CA$242.88 Million with intangible assets of CA$337.20K CAD. For live market cap and overall valuation, see Western Resources Corp (WRX) total market value.
Annual Tangible Net Worth Ratio for Western Resources Corp (2007–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Western Resources Corp from 2007 to 2023, covering 17 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 WRX capital reinvestment 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) |
|---|---|---|---|---|---|
| 2023 | 99.9% | CA$245.71 Million | CA$328.82K | CA$351.10 Million | ▼ -0.1 pp |
| 2022 | 100.0% | CA$241.41 Million | CA$34.60K | CA$304.50 Million | ▼ 0.0 pp |
| 2021 | 100.0% | CA$160.84 Million | CA$0.00 | CA$246.85 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$169.17 Million | CA$0.00 | CA$264.77 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$163.10 Million | CA$0.00 | CA$197.93 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$150.23 Million | CA$0.00 | CA$151.70 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$148.28 Million | CA$0.00 | CA$148.44 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$149.48 Million | CA$0.00 | CA$149.78 Million | ▲ +44.2 pp |
| 2015 | 55.8% | CA$155.63 Million | CA$68.76 Million | CA$158.13 Million | ▼ -44.2 pp |
| 2014 | 100.0% | CA$82.92 Million | CA$0.00 | CA$83.20 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$88.96 Million | CA$3.55 | CA$89.35 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$62.69 Million | CA$3.86 | CA$63.76 Million | ▼ 0.0 pp |
| 2011 | 100.0% | CA$77.99 Million | CA$0.00 | CA$78.80 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$38.99 Million | CA$0.00 | CA$39.60 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$42.29 Million | CA$0.00 | CA$43.24 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$44.59 Million | CA$0.00 | CA$45.68 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$5.22 Million | CA$0.00 | CA$5.31 Million | — |