Labrador Technologies Inc (LTX) — Tangible Net Worth Ratio
Labrador Technologies Inc (LTX) has a Tangible Net Worth Ratio of 100.0% as of January 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$52.91K) 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 position of Labrador Technologies Inc to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Labrador Technologies Inc Tangible Net Worth Ratio (2023–2023)
This chart shows how Labrador Technologies Inc's Tangible Net Worth Ratio has changed across 1 annual periods from 2023 to 2023. As of January 2024, the ratio stands at 100.0%, reflecting net assets of CA$52.91K with intangible assets of CA$0.00 CAD. See operational self-sufficiency of Labrador Technologies Inc to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Labrador Technologies Inc (2023–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Labrador Technologies Inc from 2023 to 2023, covering 1 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 LTX company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$89.19K | CA$0.00 | CA$1.17 Million | — |