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. Also explore CubicFarm Systems Corp net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see CUB stock market capitalisation.
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. See CubicFarm Systems Corp financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| 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 | — |