Composite Alliance Group Inc Tangible Net Worth Ratio
Composite Alliance Group Inc tangible net worth ratio. Composite Alliance Group Inc (CAG) has a Tangible Net Worth Ratio of -517.2% as of March 2020. This metric is calculated by deducting intangible assets (CA$1.70 Million) from net assets (CA$276.23K) 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. Check CAG strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Composite Alliance Group Inc (2019–2019)
Tangible net worth ratio of Composite Alliance Group Inc from 2019 to 2019. This chart shows how Composite Alliance Group Inc's Tangible Net Worth Ratio has changed across 1 annual periods from 2019 to 2019. As of March 2020, the ratio stands at -517.2%, reflecting net assets of CA$276.23K with intangible assets of CA$1.70 Million CAD. See CAG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Composite Alliance Group Inc Tangible Net Worth Ratio by Year (2019–2019)
Composite Alliance Group Inc tangible net worth ratio by year from 2019 to 2019. The table below presents the year-by-year Tangible Net Worth Ratio for Composite Alliance Group Inc from 2019 to 2019, covering 1 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 live market cap and overall valuation, see CAG market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | -57.9% | CA$1.14 Million | CA$1.81 Million | CA$11.77 Million | — |