Newtopia Inc (NEWU) — Tangible Net Worth Ratio
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. See Newtopia Inc (NEWU) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. Also explore net asset momentum of Newtopia Inc to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see Newtopia Inc stock valuation.
| 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 | — |