MiniLuxe Holding Corp (MNLX) — Tangible Net Worth Ratio
MiniLuxe Holding Corp (MNLX) has a Tangible Net Worth Ratio of 53.9% as of September 2023. This metric is calculated by deducting intangible assets (CA$1.36 Million) from net assets (CA$2.95 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 working capital to net assets of MiniLuxe Holding Corp to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MiniLuxe Holding Corp Tangible Net Worth Ratio (2021–2022)
This chart shows how MiniLuxe Holding Corp's Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2022. As of September 2023, the ratio stands at 53.9%, reflecting net assets of CA$2.95 Million with intangible assets of CA$1.36 Million CAD. Also explore MNLX shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for MiniLuxe Holding Corp (2021–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for MiniLuxe Holding Corp from 2021 to 2022, covering 2 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 MiniLuxe Holding Corp (MNLX) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 82.0% | CA$8.78 Million | CA$1.58 Million | CA$23.75 Million | ▼ -15.4 pp |
| 2021 | 97.4% | CA$19.19 Million | CA$497.25K | CA$33.50 Million | — |