INEO Tech Corp (INEO) — Tangible Net Worth Ratio
INEO Tech Corp (INEO) has a Tangible Net Worth Ratio of 99.5% as of June 2023. This metric is calculated by deducting intangible assets (CA$3.25K) from net assets (CA$668.83K) 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 INEO Tech Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
INEO Tech Corp Tangible Net Worth Ratio (2017–2023)
This chart shows how INEO Tech Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2017 to 2023. As of June 2023, the ratio stands at 99.5%, reflecting net assets of CA$668.83K with intangible assets of CA$3.25K CAD. See defensive interval ratio of INEO Tech Corp to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for INEO Tech Corp (2017–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for INEO Tech Corp from 2017 to 2023, 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 INEO Tech Corp (INEO) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 99.5% | CA$668.83K | CA$3.25K | CA$2.58 Million | ▼ -0.5 pp |
| 2022 | 100.0% | CA$2.35 Million | CA$0.00 | CA$3.21 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$5.40 Million | CA$0.00 | CA$6.16 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.19 Million | CA$0.00 | CA$1.99 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$14.75K | CA$0.00 | CA$39.76K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$330.83K | CA$0.00 | CA$392.03K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$494.29K | CA$0.00 | CA$671.40K | — |