Earthworks Industries Inc (EWK) — Tangible Net Worth Ratio
Earthworks Industries Inc (EWK) has a Tangible Net Worth Ratio of 100.0% as of August 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$7.21 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. Also explore net asset growth rate of Earthworks Industries Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Earthworks Industries Inc Tangible Net Worth Ratio (1997–2023)
This chart shows how Earthworks Industries Inc's Tangible Net Worth Ratio has changed across 27 annual periods from 1997 to 2023. As of August 2024, the ratio stands at 100.0%, reflecting net assets of CA$7.21 Million with intangible assets of CA$0.00 CAD. Check asset allocation strategy of Earthworks Industries Inc to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Earthworks Industries Inc (1997–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Earthworks Industries Inc from 1997 to 2023, covering 27 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 Earthworks Industries Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$7.61 Million | CA$0.00 | CA$13.09 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$2.38 Million | CA$0.00 | CA$12.11 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$2.11 Million | CA$0.00 | CA$11.23 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.84 Million | CA$0.00 | CA$10.94 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$2.20 Million | CA$0.00 | CA$11.02 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$2.56 Million | CA$0.00 | CA$10.99 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$3.27 Million | CA$0.00 | CA$11.44 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$2.42 Million | CA$0.00 | CA$11.00 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$2.54 Million | CA$0.00 | CA$10.87 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.71 Million | CA$0.00 | CA$9.41 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$1.15 Million | CA$0.00 | CA$8.65 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$1.13 Million | CA$0.00 | CA$8.14 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$4.48 Million | CA$0.00 | CA$9.71 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$5.25 Million | CA$0.00 | CA$9.53 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$4.86 Million | CA$0.00 | CA$9.27 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$4.00 Million | CA$0.00 | CA$8.91 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$5.17 Million | CA$0.00 | CA$6.50 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$5.45 Million | CA$0.00 | CA$5.84 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$4.88 Million | CA$0.00 | CA$5.25 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$4.55 Million | CA$0.00 | CA$4.77 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$3.55 Million | CA$0.00 | CA$4.05 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$2.52 Million | CA$0.00 | CA$3.02 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$2.56 Million | CA$0.00 | CA$3.19 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$1.42 Million | CA$0.00 | CA$2.76 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$960.36K | CA$0.00 | CA$2.32 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$935.33K | CA$0.00 | CA$2.04 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$578.37K | CA$0.00 | CA$1.75 Million | — |