INEO Tech Corp (INEO) — Tangible Net Worth Ratio

Latest as of June 2023: 99.5%

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 net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

99.5%
Tangible equity / total equity

Net Assets (Equity)

CA$668.83K
CAD

Intangible Assets

CA$3.25K
Goodwill, patents, brand value

Total Assets

CA$2.58 Million
CAD

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. Also explore how fast is INEO Tech Corp growing its equity to track the company's year-over-year net asset growth rate.

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 market cap overview.

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
pp = percentage points