Kane Biotech Inc (KNE) — Tangible Net Worth Ratio
Kane Biotech Inc (KNE) has a Tangible Net Worth Ratio of -157.7% as of June 2021. This metric is calculated by deducting intangible assets (CA$777.57K) from net assets (CA$301.79K) 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 what is Kane Biotech Inc's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kane Biotech Inc Tangible Net Worth Ratio (2003–2020)
This chart shows how Kane Biotech Inc's Tangible Net Worth Ratio has changed across 17 annual periods from 2003 to 2020. As of June 2021, the ratio stands at -157.7%, reflecting net assets of CA$301.79K with intangible assets of CA$777.57K CAD. Also explore KNE net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Kane Biotech Inc (2003–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Kane Biotech Inc from 2003 to 2020, covering 17 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 Kane Biotech Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 27.7% | CA$1.07 Million | CA$776.92K | CA$5.04 Million | ▲ +19.3 pp |
| 2019 | 8.4% | CA$836.81K | CA$766.49K | CA$2.76 Million | ▼ -51.9 pp |
| 2017 | 60.3% | CA$2.74 Million | CA$1.09 Million | CA$3.40 Million | ▲ +33.2 pp |
| 2016 | 27.1% | CA$1.35 Million | CA$982.77K | CA$2.13 Million | ▲ +91.4 pp |
| 2015 | -64.3% | CA$480.25K | CA$789.05K | CA$1.17 Million | ▼ -104.5 pp |
| 2014 | 40.2% | CA$1.32 Million | CA$792.54K | CA$1.99 Million | ▲ +14.5 pp |
| 2013 | 25.6% | CA$1.28 Million | CA$954.26K | CA$1.88 Million | ▼ -35.4 pp |
| 2012 | 61.0% | CA$2.35 Million | CA$915.37K | CA$2.52 Million | ▲ +3.3 pp |
| 2011 | 57.7% | CA$2.38 Million | CA$1.01 Million | CA$2.47 Million | ▲ +40.4 pp |
| 2010 | 17.3% | CA$1.16 Million | CA$962.56K | CA$1.25 Million | ▼ -32.6 pp |
| 2009 | 49.9% | CA$1.80 Million | CA$900.78K | CA$1.87 Million | ▲ +4.0 pp |
| 2008 | 45.9% | CA$1.49 Million | CA$807.16K | CA$1.57 Million | ▲ +9.2 pp |
| 2007 | 36.7% | CA$1.14 Million | CA$722.04K | CA$1.23 Million | ▼ -19.2 pp |
| 2006 | 55.9% | CA$1.42 Million | CA$628.84K | CA$1.52 Million | ▲ +10.5 pp |
| 2005 | 45.4% | CA$1.02 Million | CA$555.85K | CA$1.15 Million | ▼ -19.7 pp |
| 2004 | 65.1% | CA$426.65K | CA$148.88K | CA$526.37K | ▼ -27.0 pp |
| 2003 | 92.1% | CA$955.27K | CA$75.32K | CA$1.01 Million | — |