Defense Metals Corp Tangible Net Worth Ratio
Defense Metals Corp tangible net worth ratio. Defense Metals Corp (DEFN) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$60.83 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. Check asset allocation strategy of Defense Metals Corp to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Defense Metals Corp (2017–2026)
Tangible net worth ratio of Defense Metals Corp from 2017 to 2026. This chart shows how Defense Metals Corp's Tangible Net Worth Ratio has changed across 10 annual periods from 2017 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CA$60.83 Million with intangible assets of CA$0.00 CAD. See DEFN net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defense Metals Corp Tangible Net Worth Ratio by Year (2017–2026)
Defense Metals Corp tangible net worth ratio by year from 2017 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Defense Metals Corp from 2017 to 2026, covering 10 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 live market cap and overall valuation, see Defense Metals Corp market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | CA$60.83 Million | CA$0.00 | CA$62.74 Million | ▲ +0.0 pp |
| 2025 | 100.0% | CA$37.30 Million | CA$0.00 | CA$45.68 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$41.84 Million | CA$0.00 | CA$42.65 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$32.09 Million | CA$0.00 | CA$32.74 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$24.59 Million | CA$0.00 | CA$25.26 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$3.81 Million | CA$0.00 | CA$4.14 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.84 Million | CA$0.00 | CA$2.04 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$677.29K | CA$0.00 | CA$734.60K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$635.52K | CA$0.00 | CA$672.01K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$274.29K | CA$0.00 | CA$284.81K | — |