Jack Nathan Medical Corp (JNH) — Tangible Net Worth Ratio
Jack Nathan Medical Corp (JNH) has a Tangible Net Worth Ratio of -78.1% as of October 2022. This metric is calculated by deducting intangible assets (CA$1.82 Million) from net assets (CA$1.02 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 Jack Nathan Medical Corp (JNH) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jack Nathan Medical Corp Tangible Net Worth Ratio (2019–2022)
This chart shows how Jack Nathan Medical Corp's Tangible Net Worth Ratio has changed across 4 annual periods from 2019 to 2022. As of October 2022, the ratio stands at -78.1%, reflecting net assets of CA$1.02 Million with intangible assets of CA$1.82 Million CAD. Also explore net asset momentum of Jack Nathan Medical Corp to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Jack Nathan Medical Corp (2019–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Jack Nathan Medical Corp from 2019 to 2022, covering 4 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 Jack Nathan Medical Corp market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 46.6% | CA$4.08 Million | CA$2.18 Million | CA$8.14 Million | ▼ -46.9 pp |
| 2021 | 93.4% | CA$8.52 Million | CA$561.83K | CA$10.65 Million | ▼ -6.6 pp |
| 2020 | 100.0% | CA$389.59K | CA$0.00 | CA$406.78K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$76.20K | CA$0.00 | CA$84.20K | — |