Devonian Health Group Inc (GSD) — Tangible Net Worth Ratio
Devonian Health Group Inc (GSD) has a Tangible Net Worth Ratio of 29.8% as of April 2026. This metric is calculated by deducting intangible assets (CA$4.90 Million) from net assets (CA$6.98 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 Devonian Health Group Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Devonian Health Group Inc Tangible Net Worth Ratio (2015–2025)
This chart shows how Devonian Health Group Inc's Tangible Net Worth Ratio has changed across 12 annual periods from 2015 to 2025. As of April 2026, the ratio stands at 29.8%, reflecting net assets of CA$6.98 Million with intangible assets of CA$4.90 Million CAD. For live market cap and overall valuation, see how much is Devonian Health Group Inc worth.
Annual Tangible Net Worth Ratio for Devonian Health Group Inc (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Devonian Health Group Inc from 2015 to 2025, covering 12 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. Explore Devonian Health Group Inc (GSD) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 46.3% | CA$9.14 Million | CA$4.90 Million | CA$15.83 Million | ▼ -16.6 pp |
| 2024 | 63.0% | CA$13.86 Million | CA$5.13 Million | CA$30.73 Million | ▲ +1.6 pp |
| 2023 | 61.4% | CA$14.25 Million | CA$5.51 Million | CA$19.18 Million | ▼ -4.0 pp |
| 2022 | 65.3% | CA$16.27 Million | CA$5.64 Million | CA$21.59 Million | ▲ +48.2 pp |
| 2021 | 17.1% | CA$7.52 Million | CA$6.23 Million | CA$14.61 Million | ▼ -8.3 pp |
| 2020 | 25.4% | CA$9.38 Million | CA$7.00 Million | CA$16.70 Million | ▲ +2.5 pp |
| 2019 | 22.9% | CA$10.08 Million | CA$7.77 Million | CA$17.15 Million | ▼ -11.1 pp |
| 2018 | 34.0% | CA$12.74 Million | CA$8.41 Million | CA$19.16 Million | ▼ -6.3 pp |
| 2017 | 40.3% | CA$8.19 Million | CA$4.89 Million | CA$11.56 Million | ▲ +58.7 pp |
| 2016 | -18.4% | CA$4.13 Million | CA$4.89 Million | CA$10.07 Million | ▼ -118.4 pp |
| 2016 | 100.0% | CA$52.16K | CA$0.00 | CA$87.52K | ▲ +94.2 pp |
| 2015 | 5.8% | CA$5.19 Million | CA$4.89 Million | CA$11.73 Million | — |