Deveron UAS Corp (FARM) — Tangible Net Worth Ratio
Deveron UAS Corp (FARM) has a Tangible Net Worth Ratio of 24.5% as of March 2024. This metric is calculated by deducting intangible assets (CA$22.01 Million) from net assets (CA$29.15 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 Deveron UAS Corp net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Deveron UAS Corp Tangible Net Worth Ratio (2011–2022)
This chart shows how Deveron UAS Corp's Tangible Net Worth Ratio has changed across 11 annual periods from 2011 to 2022. As of March 2024, the ratio stands at 24.5%, reflecting net assets of CA$29.15 Million with intangible assets of CA$22.01 Million CAD. Also explore net asset momentum of Deveron UAS Corp to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Deveron UAS Corp (2011–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Deveron UAS Corp from 2011 to 2022, covering 11 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 how much is Deveron UAS Corp worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 41.7% | CA$44.00 Million | CA$25.65 Million | CA$116.73 Million | ▼ -36.4 pp |
| 2021 | 78.1% | CA$16.31 Million | CA$3.58 Million | CA$22.77 Million | ▼ -21.9 pp |
| 2020 | 100.0% | CA$8.26 Million | CA$0.00 | CA$9.37 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$3.12 Million | CA$0.00 | CA$3.86 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$4.49 Million | CA$0.00 | CA$4.90 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$1.63 Million | CA$0.00 | CA$2.31 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$507.76K | CA$0.00 | CA$1.06 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$139.64K | CA$0.00 | CA$797.34K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$268.09K | CA$0.00 | CA$702.13K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$524.93K | CA$0.00 | CA$587.27K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$319.27K | CA$0.00 | CA$353.93K | — |