CubicFarm Systems Corp (CUB) — Tangible Net Worth Ratio
CubicFarm Systems Corp (CUB) has a Tangible Net Worth Ratio of 76.0% as of March 2021. This metric is calculated by deducting intangible assets (CA$4.90 Million) from net assets (CA$20.36 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 shareholders equity of CubicFarm Systems Corp for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
CubicFarm Systems Corp Tangible Net Worth Ratio (2018–2022)
This chart shows how CubicFarm Systems Corp's Tangible Net Worth Ratio has changed across 4 annual periods from 2018 to 2022. As of March 2021, the ratio stands at 76.0%, reflecting net assets of CA$20.36 Million with intangible assets of CA$4.90 Million CAD. Also explore CUB net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for CubicFarm Systems Corp (2018–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for CubicFarm Systems Corp from 2018 to 2022, covering 4 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 CUB market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 86.9% | CA$41.09 Million | CA$5.37 Million | CA$54.68 Million | ▲ +22.3 pp |
| 2020 | 64.6% | CA$14.38 Million | CA$5.09 Million | CA$21.14 Million | ▼ -28.0 pp |
| 2019 | 92.6% | CA$14.17 Million | CA$1.05 Million | CA$18.10 Million | ▼ -6.0 pp |
| 2018 | 98.6% | CA$3.49 Million | CA$50.00K | CA$4.63 Million | — |