Mene Inc (MENE) — Tangible Net Worth Ratio
Mene Inc (MENE) has a Tangible Net Worth Ratio of 98.4% as of September 2025. This metric is calculated by deducting intangible assets (CA$287.55K) from net assets (CA$17.62 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 MENE book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Mene Inc Tangible Net Worth Ratio (2002–2024)
This chart shows how Mene Inc's Tangible Net Worth Ratio has changed across 20 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 98.4%, reflecting net assets of CA$17.62 Million with intangible assets of CA$287.55K CAD. Also explore net asset growth rate of Mene Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Mene Inc (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Mene Inc from 2002 to 2024, covering 20 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 MENE market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.7% | CA$17.77 Million | CA$404.92K | CA$21.05 Million | ▲ +0.9 pp |
| 2023 | 96.8% | CA$15.98 Million | CA$504.19K | CA$18.22 Million | ▲ +4.6 pp |
| 2022 | 92.3% | CA$17.47 Million | CA$1.35 Million | CA$31.71 Million | ▲ +0.8 pp |
| 2021 | 91.4% | CA$17.62 Million | CA$1.51 Million | CA$29.69 Million | ▼ -3.7 pp |
| 2020 | 95.1% | CA$11.50 Million | CA$562.14K | CA$32.95 Million | ▼ -4.6 pp |
| 2019 | 99.8% | CA$15.13 Million | CA$36.81K | CA$43.14 Million | ▼ -0.1 pp |
| 2018 | 99.9% | CA$18.52 Million | CA$24.00K | CA$31.50 Million | ▲ +9.5 pp |
| 2017 | 90.4% | CA$315.40K | CA$30.41K | CA$326.34K | ▼ -9.6 pp |
| 2013 | 100.0% | CA$1.04 Million | CA$0.00 | CA$2.26 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$6.78 Million | CA$0.00 | CA$7.89 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$10.79 Million | CA$0.00 | CA$11.48 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$11.96 Million | CA$0.00 | CA$12.90 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$15.18 Million | CA$0.00 | CA$16.12 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$12.75 Million | CA$0.00 | CA$14.53 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$6.83 Million | CA$0.00 | CA$7.62 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$2.55 Million | CA$0.00 | CA$2.66 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$3.68 Million | CA$0.00 | CA$3.73 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$2.44 Million | CA$0.00 | CA$2.52 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$567.48K | CA$0.00 | CA$1.11 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$86.85K | CA$0.00 | CA$247.90K | — |