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. Also explore JNH year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Jack Nathan Medical Corp market capitalisation.
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. Explore reinvestment intensity of Jack Nathan Medical Corp 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) |
|---|---|---|---|---|---|
| 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 | — |