Newtopia Inc (NEWU) — Tangible Net Worth Ratio

Latest as of June 2021: 100.0%

Newtopia Inc (NEWU) has a Tangible Net Worth Ratio of 100.0% as of June 2021. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$512.91K) 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 Newtopia Inc annual equity growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$512.91K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$4.35 Million
CAD

Newtopia Inc Tangible Net Worth Ratio (2020–2020)

This chart shows how Newtopia Inc's Tangible Net Worth Ratio has changed across 1 annual periods from 2020 to 2020. As of June 2021, the ratio stands at 100.0%, reflecting net assets of CA$512.91K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see how much is Newtopia Inc worth.

Annual Tangible Net Worth Ratio for Newtopia Inc (2020–2020)

The table below presents the year-by-year Tangible Net Worth Ratio for Newtopia Inc from 2020 to 2020, covering 1 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 how much free cash does Newtopia Inc generate to measure how efficiently the company converts operating cash flow to free cash.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2020 100.0% CA$4.20 Million CA$0.00 CA$7.90 Million
pp = percentage points