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. See CBLU 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
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. See CBLU defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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 the full company profile including market capitalisation, see CBLU market cap.
| 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 | — |