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. See Element Lifestyle Retirement Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See operational self-sufficiency of Element Lifestyle Retirement Inc to measure how many days the company can operate on defensive assets alone.
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 the full company profile including market capitalisation, see Element Lifestyle Retirement Inc market capitalisation.
| 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 | — |