Acceleware Ltd (AXE) — Tangible Net Worth Ratio
Acceleware Ltd (AXE) has a Tangible Net Worth Ratio of 100.0% as of September 2020. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$320.76K) 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 Acceleware Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Acceleware Ltd Tangible Net Worth Ratio (2005–2019)
This chart shows how Acceleware Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2005 to 2019. As of September 2020, the ratio stands at 100.0%, reflecting net assets of CA$320.76K with intangible assets of CA$0.00 CAD. See defensive interval ratio of Acceleware Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Acceleware Ltd (2005–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Acceleware Ltd from 2005 to 2019, covering 15 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 AXE market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 100.0% | CA$1.15 Million | CA$0.00 | CA$6.51 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$2.15 Million | CA$0.00 | CA$6.17 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$494.24K | CA$0.00 | CA$1.46 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$762.55K | CA$0.00 | CA$2.70 Million | ▲ +1.0 pp |
| 2015 | 99.0% | CA$663.34K | CA$6.53K | CA$1.62 Million | ▼ -1.0 pp |
| 2014 | 100.0% | CA$826.28K | CA$0.00 | CA$1.76 Million | ▲ +0.9 pp |
| 2013 | 99.1% | CA$382.84K | CA$3.42K | CA$1.12 Million | ▼ -0.9 pp |
| 2012 | 100.0% | CA$766.07K | CA$0.00 | CA$1.51 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$1.18 Million | CA$0.00 | CA$1.66 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$614.86K | CA$0.00 | CA$1.28 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$1.09 Million | CA$0.00 | CA$1.88 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$1.80 Million | CA$0.00 | CA$3.10 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$11.17 Million | CA$0.00 | CA$12.57 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$1.42 Million | CA$0.00 | CA$1.82 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$849.93K | CA$0.00 | CA$927.37K | — |