Martello Technologies Group Inc (MTLO) — Tangible Net Worth Ratio
Martello Technologies Group Inc (MTLO) has a Tangible Net Worth Ratio of -953.4% as of March 2024. This metric is calculated by deducting intangible assets (CA$7.78 Million) from net assets (CA$738.68K) 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. For live market cap and overall valuation, see MTLO stock market capitalisation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Martello Technologies Group Inc Tangible Net Worth Ratio (1998–2024)
This chart shows how Martello Technologies Group Inc's Tangible Net Worth Ratio has changed across 26 annual periods from 1998 to 2024. As of March 2024, the ratio stands at -953.4%, reflecting net assets of CA$738.68K with intangible assets of CA$7.78 Million CAD. Also explore net asset growth rate of Martello Technologies Group Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Martello Technologies Group Inc (1998–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Martello Technologies Group Inc from 1998 to 2024, covering 26 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. See Martello Technologies Group Inc (MTLO) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -953.4% | CA$738.68K | CA$7.78 Million | CA$20.56 Million | ▼ -998.3 pp |
| 2022 | 44.8% | CA$19.68 Million | CA$10.85 Million | CA$41.94 Million | ▼ -4.7 pp |
| 2021 | 49.6% | CA$26.63 Million | CA$13.43 Million | CA$49.69 Million | ▼ -14.5 pp |
| 2020 | 64.0% | CA$15.09 Million | CA$5.43 Million | CA$25.24 Million | ▲ +4.1 pp |
| 2019 | 59.9% | CA$18.31 Million | CA$7.34 Million | CA$29.52 Million | ▲ +403.8 pp |
| 2018 | -343.9% | CA$618.14K | CA$2.74 Million | CA$872.78K | ▼ -443.9 pp |
| 2017 | 100.0% | CA$733.30K | CA$0.00 | CA$979.94K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$2.21 Million | CA$0.00 | CA$2.30 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$4.34 Million | CA$0.00 | CA$4.39 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$4.55 Million | CA$0.00 | CA$5.08 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$14.45 Million | CA$0.00 | CA$17.08 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$19.17 Million | CA$0.00 | CA$22.23 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$19.87 Million | CA$0.00 | CA$21.58 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$17.81 Million | CA$0.00 | CA$20.27 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$17.46 Million | CA$0.00 | CA$19.94 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$17.02 Million | CA$0.00 | CA$18.36 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$16.91 Million | CA$0.00 | CA$17.92 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$16.11 Million | CA$0.00 | CA$16.24 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$15.11 Million | CA$0.00 | CA$15.29 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$14.29 Million | CA$0.00 | CA$14.65 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$12.73 Million | CA$0.00 | CA$14.32 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$11.00 Million | CA$0.00 | CA$14.01 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$9.92 Million | CA$0.00 | CA$12.50 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$2.00 Million | CA$0.00 | CA$2.07 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$1.09 Million | CA$0.00 | CA$1.16 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$624.77K | CA$0.00 | CA$766.49K | — |