MCX Technologies Corp (MCX) — Tangible Net Worth Ratio

Latest as of June 2023: 100.0%

MCX Technologies Corp (MCX) has a Tangible Net Worth Ratio of 100.0% as of June 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$26.53K) 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 shareholders equity of MCX Technologies Corp for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$26.53K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$156.18K
CAD

MCX Technologies Corp Tangible Net Worth Ratio (2016–2022)

This chart shows how MCX Technologies Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 100.0%, reflecting net assets of CA$26.53K with intangible assets of CA$0.00 CAD. Also explore how fast is MCX Technologies Corp growing its equity to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for MCX Technologies Corp (2016–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for MCX Technologies Corp from 2016 to 2022, covering 7 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 MCX Technologies Corp market cap and net worth.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2022 100.0% CA$154.36K CA$0.00 CA$270.85K ▲ +0.0 pp
2021 100.0% CA$619.91K CA$0.00 CA$792.63K ▲ +0.0 pp
2020 100.0% CA$941.52K CA$0.00 CA$1.12 Million ▲ +0.0 pp
2019 100.0% CA$922.76K CA$0.00 CA$1.22 Million ▲ +6.7 pp
2018 93.3% CA$1.62 Million CA$108.97K CA$1.96 Million ▲ +8.6 pp
2017 84.7% CA$2.01 Million CA$307.82K CA$2.31 Million ▲ +3.3 pp
2016 81.4% CA$2.31 Million CA$431.41K CA$2.51 Million
pp = percentage points