Lite Access Technologies Inc (LTE) — Tangible Net Worth Ratio

Latest as of September 2025: 9.6%

Lite Access Technologies Inc (LTE) has a Tangible Net Worth Ratio of 9.6% as of September 2025. This metric is calculated by deducting intangible assets (CA$2.32 Million) from net assets (CA$2.57 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. See LTE net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

9.6%
Tangible equity / total equity

Net Assets (Equity)

CA$2.57 Million
CAD

Intangible Assets

CA$2.32 Million
Goodwill, patents, brand value

Total Assets

CA$29.72 Million
CAD

Lite Access Technologies Inc Tangible Net Worth Ratio (2015–2025)

This chart shows how Lite Access Technologies Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2015 to 2025. As of September 2025, the ratio stands at 9.6%, reflecting net assets of CA$2.57 Million with intangible assets of CA$2.32 Million CAD. See LTE defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Lite Access Technologies Inc (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Lite Access Technologies Inc from 2015 to 2025, covering 8 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 Lite Access Technologies Inc market capitalisation.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2025 9.6% CA$2.57 Million CA$2.32 Million CA$29.72 Million ▼ -90.4 pp
2022 100.0% CA$598.15K CA$0.00 CA$3.61 Million ▲ +0.0 pp
2021 100.0% CA$2.47 Million CA$0.00 CA$6.55 Million ▲ +0.0 pp
2019 100.0% CA$6.91 Million CA$0.00 CA$8.73 Million ▲ +0.0 pp
2018 100.0% CA$12.03 Million CA$0.00 CA$15.42 Million ▲ +0.0 pp
2017 100.0% CA$21.20 Million CA$0.00 CA$23.72 Million ▲ +0.0 pp
2016 100.0% CA$8.42 Million CA$0.00 CA$10.42 Million ▲ +0.0 pp
2015 100.0% CA$2.78 Million CA$0.00 CA$4.20 Million
pp = percentage points