Kane Biotech Inc Tangible Net Worth Ratio
Kane Biotech Inc 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. Check KNE strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Kane Biotech Inc (2003–2020)
Tangible net worth ratio of Kane Biotech Inc from 2003 to 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 current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Kane Biotech Inc Tangible Net Worth Ratio by Year (2003–2020)
Kane Biotech Inc tangible net worth ratio by year from 2003 to 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 live market cap and overall valuation, see Kane Biotech Inc market capitalisation.
| 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 | — |