Medicure Inc (MPH) — Tangible Net Worth Ratio
Medicure Inc (MPH) has a Tangible Net Worth Ratio of 42.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$7.33 Million) from net assets (CA$12.65 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 Medicure Inc net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Medicure Inc Tangible Net Worth Ratio (2000–2025)
This chart shows how Medicure Inc's Tangible Net Worth Ratio has changed across 18 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 42.0%, reflecting net assets of CA$12.65 Million with intangible assets of CA$7.33 Million CAD. Also explore MPH shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Medicure Inc (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Medicure Inc from 2000 to 2025, covering 18 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 Medicure Inc (MPH) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 40.0% | CA$12.91 Million | CA$7.75 Million | CA$24.95 Million | ▼ -15.0 pp |
| 2024 | 55.0% | CA$20.78 Million | CA$9.35 Million | CA$29.68 Million | ▼ -0.1 pp |
| 2023 | 55.1% | CA$19.90 Million | CA$8.94 Million | CA$28.06 Million | ▲ +5.6 pp |
| 2022 | 49.4% | CA$21.00 Million | CA$10.62 Million | CA$29.90 Million | ▲ +10.3 pp |
| 2021 | 39.1% | CA$18.41 Million | CA$11.21 Million | CA$28.41 Million | ▲ +10.1 pp |
| 2020 | 29.0% | CA$19.15 Million | CA$13.60 Million | CA$34.05 Million | ▼ -35.4 pp |
| 2019 | 64.4% | CA$26.94 Million | CA$9.60 Million | CA$42.28 Million | ▼ -33.6 pp |
| 2018 | 98.0% | CA$83.59 Million | CA$1.71 Million | CA$103.76 Million | ▲ +0.1 pp |
| 2017 | 97.8% | CA$80.71 Million | CA$1.76 Million | CA$128.93 Million | ▲ +256.7 pp |
| 2016 | -158.9% | CA$38.96 Million | CA$100.86 Million | CA$214.73 Million | ▼ -227.3 pp |
| 2015 | 68.4% | CA$4.46 Million | CA$1.41 Million | CA$21.26 Million | ▲ +36.6 pp |
| 2006 | 31.8% | CA$34.31 Million | CA$23.41 Million | CA$59.79 Million | ▼ -60.4 pp |
| 2005 | 92.1% | CA$37.17 Million | CA$2.92 Million | CA$38.81 Million | ▲ +10.3 pp |
| 2004 | 81.8% | CA$7.34 Million | CA$1.33 Million | CA$10.07 Million | ▼ -13.6 pp |
| 2003 | 95.5% | CA$21.57 Million | CA$976.69K | CA$22.39 Million | ▲ +10.9 pp |
| 2002 | 84.6% | CA$4.94 Million | CA$763.46K | CA$5.30 Million | ▼ -9.8 pp |
| 2001 | 94.3% | CA$8.99 Million | CA$508.90K | CA$9.38 Million | ▼ -5.7 pp |
| 2000 | 100.0% | CA$3.85 Million | CA$0.00 | CA$4.42 Million | — |