EQ Inc. (EQ) — Tangible Net Worth Ratio
EQ Inc. (EQ) has a Tangible Net Worth Ratio of 40.9% as of September 2023. This metric is calculated by deducting intangible assets (CA$1.95 Million) from net assets (CA$3.31 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. See how liquid is EQ Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
EQ Inc. Tangible Net Worth Ratio (1997–2022)
This chart shows how EQ Inc.'s Tangible Net Worth Ratio has changed across 21 annual periods from 1997 to 2022. As of September 2023, the ratio stands at 40.9%, reflecting net assets of CA$3.31 Million with intangible assets of CA$1.95 Million CAD. See defensive interval ratio of EQ Inc. to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for EQ Inc. (1997–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for EQ Inc. from 1997 to 2022, covering 21 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 EQ Inc. (EQ) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 58.8% | CA$5.24 Million | CA$2.16 Million | CA$10.15 Million | ▼ -22.0 pp |
| 2021 | 80.8% | CA$11.44 Million | CA$2.19 Million | CA$19.05 Million | ▲ +4.9 pp |
| 2020 | 75.9% | CA$4.55 Million | CA$1.10 Million | CA$9.98 Million | ▼ -8.9 pp |
| 2019 | 84.8% | CA$3.52 Million | CA$537.00K | CA$7.27 Million | ▲ +24.3 pp |
| 2013 | 60.5% | CA$4.07 Million | CA$1.61 Million | CA$7.19 Million | ▼ -3.6 pp |
| 2012 | 64.1% | CA$8.05 Million | CA$2.89 Million | CA$11.94 Million | ▲ +353.2 pp |
| 2011 | -289.1% | CA$5.67 Million | CA$22.07 Million | CA$46.55 Million | ▼ -186.1 pp |
| 2010 | -103.0% | CA$14.36 Million | CA$29.16 Million | CA$61.32 Million | ▼ -202.4 pp |
| 2009 | 99.4% | CA$45.56 Million | CA$287.50K | CA$51.39 Million | ▼ -0.6 pp |
| 2008 | 100.0% | CA$19.61 Million | CA$0.00 | CA$35.04 Million | ▲ +2.4 pp |
| 2007 | 97.6% | CA$7.96 Million | CA$187.16K | CA$12.24 Million | ▲ +3.7 pp |
| 2006 | 94.0% | CA$8.14 Million | CA$490.47K | CA$10.46 Million | ▼ -6.0 pp |
| 2005 | 100.0% | CA$5.79 Million | CA$0.00 | CA$8.38 Million | ▲ +6.6 pp |
| 2004 | 93.4% | CA$6.84 Million | CA$449.14K | CA$9.75 Million | ▼ -6.6 pp |
| 2003 | 100.0% | CA$4.03 Million | CA$0.00 | CA$7.16 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$2.90 Million | CA$0.00 | CA$8.31 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$1.13 Million | CA$0.00 | CA$12.57 Million | ▲ +69.4 pp |
| 2000 | 30.6% | CA$29.85 Million | CA$20.72 Million | CA$61.91 Million | ▼ -55.0 pp |
| 1999 | 85.6% | CA$40.20 Million | CA$5.80 Million | CA$45.90 Million | ▲ +25.8 pp |
| 1998 | 59.8% | CA$9.70 Million | CA$3.90 Million | CA$11.70 Million | ▼ -40.2 pp |
| 1997 | 100.0% | CA$2.10 Million | CA$0.00 | CA$2.60 Million | — |