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. See Martello Technologies Group Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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. See defensive interval ratio of Martello Technologies Group Inc to measure how many days the company can operate on defensive assets alone.
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 the full company profile including market capitalisation, see market value of Martello Technologies Group Inc.
| 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 | — |