TMX Group Limited (X) — Tangible Net Worth Ratio
TMX Group Limited (X) has a Tangible Net Worth Ratio of -53.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$7.24 Billion) from net assets (CA$4.73 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 X 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
TMX Group Limited Tangible Net Worth Ratio (2002–2024)
This chart shows how TMX Group Limited's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at -53.0%, reflecting net assets of CA$4.73 Billion with intangible assets of CA$7.24 Billion CAD. See TMX Group Limited (X) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for TMX Group Limited (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for TMX Group Limited from 2002 to 2024, covering 23 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 TMX Group Limited (X) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 3.0% | CA$4.82 Billion | CA$4.68 Billion | CA$40.21 Billion | ▼ -10.9 pp |
| 2023 | 13.9% | CA$4.32 Billion | CA$3.72 Billion | CA$64.34 Billion | ▲ +3.0 pp |
| 2022 | 10.9% | CA$4.21 Billion | CA$3.75 Billion | CA$55.98 Billion | ▲ +4.3 pp |
| 2021 | 6.6% | CA$3.71 Billion | CA$3.46 Billion | CA$63.20 Billion | ▲ +0.6 pp |
| 2020 | 6.0% | CA$3.61 Billion | CA$3.39 Billion | CA$36.10 Billion | ▲ +2.9 pp |
| 2019 | 3.1% | CA$3.50 Billion | CA$3.39 Billion | CA$32.36 Billion | ▲ +3.8 pp |
| 2018 | -0.8% | CA$3.38 Billion | CA$3.41 Billion | CA$31.66 Billion | ▲ +6.3 pp |
| 2017 | -7.0% | CA$3.18 Billion | CA$3.41 Billion | CA$25.62 Billion | ▲ +4.1 pp |
| 2016 | -11.1% | CA$2.92 Billion | CA$3.25 Billion | CA$22.20 Billion | ▲ +6.5 pp |
| 2015 | -17.6% | CA$2.82 Billion | CA$3.31 Billion | CA$17.02 Billion | ▼ -2.7 pp |
| 2014 | -15.0% | CA$2.95 Billion | CA$3.39 Billion | CA$14.96 Billion | ▲ +3.3 pp |
| 2013 | -18.3% | CA$2.97 Billion | CA$3.51 Billion | CA$16.50 Billion | ▲ +7.0 pp |
| 2012 | -25.2% | CA$2.90 Billion | CA$3.63 Billion | CA$14.04 Billion | ▼ -50.0 pp |
| 2011 | 24.8% | CA$1.22 Billion | CA$919.00 Million | CA$3.39 Billion | ▲ +9.3 pp |
| 2010 | 15.5% | CA$1.09 Billion | CA$920.10 Million | CA$2.97 Billion | ▲ +34.9 pp |
| 2009 | -19.3% | CA$781.49 Million | CA$932.44 Million | CA$3.52 Billion | ▼ -9.5 pp |
| 2008 | -9.8% | CA$812.00 Million | CA$891.98 Million | CA$3.69 Billion | ▼ -71.1 pp |
| 2007 | 61.3% | CA$171.91 Million | CA$66.58 Million | CA$1.52 Billion | ▼ -11.1 pp |
| 2006 | 72.4% | CA$226.96 Million | CA$62.65 Million | CA$1.57 Billion | ▼ -10.3 pp |
| 2005 | 82.7% | CA$177.79 Million | CA$30.70 Million | CA$1.56 Billion | ▲ +27.6 pp |
| 2004 | 55.1% | CA$129.52 Million | CA$58.15 Million | CA$1.04 Billion | ▼ -31.5 pp |
| 2003 | 86.6% | CA$217.29 Million | CA$29.07 Million | CA$274.57 Million | ▼ -4.1 pp |
| 2002 | 90.7% | CA$331.95 Million | CA$30.90 Million | CA$386.24 Million | — |