Elcora Advanced Materials Corp (ERA) — Tangible Net Worth Ratio
Elcora Advanced Materials Corp (ERA) has a Tangible Net Worth Ratio of 100.0% as of September 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$141.63K) 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 how fast is Elcora Advanced Materials Corp growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Elcora Advanced Materials Corp Tangible Net Worth Ratio (2012–2018)
This chart shows how Elcora Advanced Materials Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2012 to 2018. As of September 2022, the ratio stands at 100.0%, reflecting net assets of CA$141.63K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see ERA market cap overview.
Annual Tangible Net Worth Ratio for Elcora Advanced Materials Corp (2012–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Elcora Advanced Materials Corp from 2012 to 2018, covering 7 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. Explore ERA capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 100.0% | CA$8.52 Million | CA$0.00 | CA$9.66 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$9.39 Million | CA$0.00 | CA$10.06 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$8.01 Million | CA$0.00 | CA$8.48 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$6.79 Million | CA$0.00 | CA$7.26 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$574.23K | CA$0.00 | CA$1.70 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$531.84K | CA$0.00 | CA$593.64K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$258.02K | CA$0.00 | CA$276.75K | — |