Clear Blue Technologies International Inc (CBLU) — Tangible Net Worth Ratio
Clear Blue Technologies International Inc (CBLU) has a Tangible Net Worth Ratio of -1112.8% as of September 2021. This metric is calculated by deducting intangible assets (CA$1.77 Million) from net assets (CA$145.97K) 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 Clear Blue Technologies International In to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Clear Blue Technologies International Inc Tangible Net Worth Ratio (2017–2020)
This chart shows how Clear Blue Technologies International Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2017 to 2020. As of September 2021, the ratio stands at -1112.8%, reflecting net assets of CA$145.97K with intangible assets of CA$1.77 Million CAD. Check CBLU capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Clear Blue Technologies International Inc (2017–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Clear Blue Technologies International Inc from 2017 to 2020, covering 3 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 Clear Blue Technologies International In stock valuation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 100.0% | CA$1.25 Million | CA$0.00 | CA$8.40 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$1.95 Million | CA$0.00 | CA$4.49 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$26.95K | CA$0.00 | CA$3.74 Million | — |