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. See Cielo Waste Solutions Corp (CMC) liquidity 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
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. See Cielo Waste Solutions Corp (CMC) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Cielo Waste Solutions Corp stock valuation.
| 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 | — |