Devonian Health Group Inc (GSD) — Tangible Net Worth Ratio
Devonian Health Group Inc (GSD) has a Tangible Net Worth Ratio of 38.0% as of January 2026. This metric is calculated by deducting intangible assets (CA$4.90 Million) from net assets (CA$7.90 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 Devonian Health Group Inc 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
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 January 2026, the ratio stands at 38.0%, reflecting net assets of CA$7.90 Million with intangible assets of CA$4.90 Million CAD. See GSD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see how much is Devonian Health Group Inc worth.
| 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 | — |