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 working capital to net assets of Kane Biotech Inc to evaluate short-term liquidity relative to the company's equity base.
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. See Kane Biotech Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 market value of Kane Biotech Inc.
| 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 | — |