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 working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. See Deveron UAS Corp (FARM) liquidity interval to measure how many days the company can operate on defensive assets alone.
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 Deveron UAS Corp (FARM) total market value.
| 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 | — |