Element Lifestyle Retirement Inc (ELM) — Tangible Net Worth Ratio
Element Lifestyle Retirement Inc (ELM) has a Tangible Net Worth Ratio of -68.0% as of February 2021. This metric is calculated by deducting intangible assets (CA$27.15K) from net assets (CA$16.16K) 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 Element Lifestyle Retirement Inc annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Element Lifestyle Retirement Inc Tangible Net Worth Ratio (2015–2020)
This chart shows how Element Lifestyle Retirement Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2015 to 2020. As of February 2021, the ratio stands at -68.0%, reflecting net assets of CA$16.16K with intangible assets of CA$27.15K CAD. Check how strategically is Element Lifestyle Retirement Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Element Lifestyle Retirement Inc (2015–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Element Lifestyle Retirement Inc from 2015 to 2020, covering 6 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 how much is Element Lifestyle Retirement Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 97.5% | CA$1.08 Million | CA$27.15K | CA$3.38 Million | ▼ -1.9 pp |
| 2019 | 99.4% | CA$3.44 Million | CA$21.88K | CA$5.39 Million | ▼ -0.2 pp |
| 2018 | 99.6% | CA$4.47 Million | CA$18.84K | CA$10.15 Million | ▲ +0.1 pp |
| 2017 | 99.5% | CA$2.78 Million | CA$14.34K | CA$4.74 Million | ▼ -0.4 pp |
| 2016 | 99.9% | CA$3.22 Million | CA$3.93K | CA$3.83 Million | ▼ -0.1 pp |
| 2015 | 100.0% | CA$617.61K | CA$170.00 | CA$1.03 Million | — |