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. Also explore MTLO net assets growth trend to track the company's year-over-year net asset growth rate.
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. Check MTLO strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see Martello Technologies Group Inc market cap and net worth.
| 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 | — |