Medicure Inc (MPH) — Tangible Net Worth Ratio
Medicure Inc (MPH) has a Tangible Net Worth Ratio of 40.3% as of June 2026. This metric is calculated by deducting intangible assets (CA$6.91 Million) from net assets (CA$11.57 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. Also explore Medicure Inc (MPH) net asset momentum to track the company's year-over-year net asset growth rate.
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 June 2026, the ratio stands at 40.3%, reflecting net assets of CA$11.57 Million with intangible assets of CA$6.91 Million CAD. For live market cap and overall valuation, see MPH stock market capitalisation.
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. Explore reinvestment intensity of Medicure Inc to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |