GenixPharmaceucticals Corporation (GENX) — Tangible Net Worth Ratio
GenixPharmaceucticals Corporation (GENX) has a Tangible Net Worth Ratio of -39.9% as of July 2023. This metric is calculated by deducting intangible assets (CA$3.60 Million) from net assets (CA$2.57 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 GENX current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GenixPharmaceucticals Corporation Tangible Net Worth Ratio (2015–2022)
This chart shows how GenixPharmaceucticals Corporation's Tangible Net Worth Ratio has changed across 7 annual periods from 2015 to 2022. As of July 2023, the ratio stands at -39.9%, reflecting net assets of CA$2.57 Million with intangible assets of CA$3.60 Million CAD. See how many days can GenixPharmaceucticals Corporation fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for GenixPharmaceucticals Corporation (2015–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for GenixPharmaceucticals Corporation from 2015 to 2022, 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. For the full company profile including market capitalisation, see GenixPharmaceucticals Corporation (GENX) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -25.3% | CA$3.20 Million | CA$4.01 Million | CA$4.25 Million | ▼ -12.0 pp |
| 2021 | -13.3% | CA$4.01 Million | CA$4.55 Million | CA$4.77 Million | ▼ -18.0 pp |
| 2020 | 4.7% | CA$4.86 Million | CA$4.63 Million | CA$5.35 Million | ▼ -95.3 pp |
| 2018 | 100.0% | CA$122.57K | CA$0.00 | CA$231.72K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$120.97K | CA$0.00 | CA$393.77K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$384.43K | CA$0.00 | CA$452.47K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$506.89K | CA$0.00 | CA$617.66K | — |