Cielo Waste Solutions Corp (CMC) — Tangible Net Worth Ratio
Cielo Waste Solutions Corp (CMC) has a Tangible Net Worth Ratio of -35.6% as of January 2025. This metric is calculated by deducting intangible assets (CA$9.53 Million) from net assets (CA$7.03 Million) 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 growth rate of Cielo Waste Solutions Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cielo Waste Solutions Corp Tangible Net Worth Ratio (2018–2024)
This chart shows how Cielo Waste Solutions Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of January 2025, the ratio stands at -35.6%, reflecting net assets of CA$7.03 Million with intangible assets of CA$9.53 Million CAD. For live market cap and overall valuation, see Cielo Waste Solutions Corp market capitalisation.
Annual Tangible Net Worth Ratio for Cielo Waste Solutions Corp (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Cielo Waste Solutions Corp from 2018 to 2024, covering 7 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. Explore CMC capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -1.8% | CA$41.24 Million | CA$41.99 Million | CA$54.95 Million | ▼ -89.1 pp |
| 2023 | 87.2% | CA$14.80 Million | CA$1.89 Million | CA$29.37 Million | ▼ -6.8 pp |
| 2022 | 94.0% | CA$33.60 Million | CA$2.00 Million | CA$53.53 Million | ▼ -6.0 pp |
| 2021 | 100.0% | CA$24.51 Million | CA$0.00 | CA$45.19 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$2.77 Million | CA$1.00 | CA$17.68 Million | ▼ 0.0 pp |
| 2019 | 100.0% | CA$3.00 Million | CA$1.00 | CA$11.93 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$363.80K | CA$1.00 | CA$5.47 Million | — |