Lumine Group Inc. Tangible Net Worth Ratio
Lumine Group Inc. tangible net worth ratio. Lumine Group Inc. (LMN) has a Tangible Net Worth Ratio of -22.4% as of June 2024. This metric is calculated by deducting intangible assets (CA$776.23 Million) from net assets (CA$634.24 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 how fast is Lumine Group Inc. growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Lumine Group Inc. (2021–2022)
Tangible net worth ratio of Lumine Group Inc. from 2021 to 2022. This chart shows how Lumine Group Inc.'s Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2022. As of June 2024, the ratio stands at -22.4%, reflecting net assets of CA$634.24 Million with intangible assets of CA$776.23 Million CAD.
Lumine Group Inc. Tangible Net Worth Ratio by Year (2021–2022)
Lumine Group Inc. tangible net worth ratio by year from 2021 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for Lumine Group Inc. from 2021 to 2022, covering 2 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 market cap of Lumine Group Inc..
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -34.5% | CA$153.78 Million | CA$206.77 Million | CA$392.83 Million | ▼ -74.8 pp |
| 2021 | 40.4% | CA$173.15 Million | CA$103.25 Million | CA$328.41 Million | — |