Minnova Corp (MCI) — Tangible Net Worth Ratio
Minnova Corp (MCI) has a Tangible Net Worth Ratio of 100.0% as of December 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$17.24 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. See how liquid is Minnova Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Minnova Corp Tangible Net Worth Ratio (2010–2022)
This chart shows how Minnova Corp's Tangible Net Worth Ratio has changed across 13 annual periods from 2010 to 2022. As of December 2022, the ratio stands at 100.0%, reflecting net assets of CA$17.24 Million with intangible assets of CA$0.00 CAD. See operational self-sufficiency of Minnova Corp to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Minnova Corp (2010–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Minnova Corp from 2010 to 2022, covering 13 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 MCI stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | CA$17.51 Million | CA$0.00 | CA$21.19 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$16.23 Million | CA$0.00 | CA$20.94 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$14.16 Million | CA$0.00 | CA$19.39 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$14.34 Million | CA$0.00 | CA$19.21 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$13.82 Million | CA$0.00 | CA$18.81 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$12.98 Million | CA$0.00 | CA$17.95 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$7.74 Million | CA$0.00 | CA$15.14 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$7.58 Million | CA$0.00 | CA$14.96 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$7.85 Million | CA$0.00 | CA$14.16 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$7.12 Million | CA$0.00 | CA$13.64 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$10.71 Million | CA$0.00 | CA$15.70 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$5.81 Million | CA$0.00 | CA$7.76 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$85.63K | CA$0.00 | CA$582.89K | — |