CardioComm Solutions Inc. (EKG) — Tangible Net Worth Ratio
CardioComm Solutions Inc. (EKG) has a Tangible Net Worth Ratio of 93.9% as of September 2018. This metric is calculated by deducting intangible assets (CA$8.48K) from net assets (CA$139.43K) 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 working capital position of CardioComm Solutions Inc. to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
CardioComm Solutions Inc. Tangible Net Worth Ratio (2017–2017)
This chart shows how CardioComm Solutions Inc.'s Tangible Net Worth Ratio has changed across 1 annual periods from 2017 to 2017. As of September 2018, the ratio stands at 93.9%, reflecting net assets of CA$139.43K with intangible assets of CA$8.48K CAD. See CardioComm Solutions Inc. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for CardioComm Solutions Inc. (2017–2017)
The table below presents the year-by-year Tangible Net Worth Ratio for CardioComm Solutions Inc. from 2017 to 2017, covering 1 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 market value of CardioComm Solutions Inc..
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2017 | 99.8% | CA$489.32K | CA$966.00 | CA$1.54 Million | — |