Fintech Select Ltd (FTEC) — Tangible Net Worth Ratio
Fintech Select Ltd (FTEC) has a Tangible Net Worth Ratio of 92.2% as of June 2025. This metric is calculated by deducting intangible assets (CA$6.76K) from net assets (CA$86.38K) 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 Fintech Select Ltd'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
Fintech Select Ltd Tangible Net Worth Ratio (2006–2024)
This chart shows how Fintech Select Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2006 to 2024. As of June 2025, the ratio stands at 92.2%, reflecting net assets of CA$86.38K with intangible assets of CA$6.76K CAD. See FTEC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Fintech Select Ltd (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Fintech Select Ltd from 2006 to 2024, covering 3 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 market cap of Fintech Select Ltd.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 78.0% | CA$35.85K | CA$7.87K | CA$1.01 Million | ▲ +92.9 pp |
| 2007 | -14.9% | CA$2.86 Million | CA$3.29 Million | CA$11.21 Million | ▼ -114.9 pp |
| 2006 | 100.0% | CA$255.04K | CA$0.00 | CA$3.59 Million | — |