NervGen Pharma Corp Tangible Net Worth Ratio
NervGen Pharma Corp tangible net worth ratio. NervGen Pharma Corp (NGEN) has a Tangible Net Worth Ratio of 67.5% as of March 2025. This metric is calculated by deducting intangible assets (CA$451.01K) from net assets (CA$1.39 Million) 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. Check NGEN PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of NervGen Pharma Corp (2018–2024)
Tangible net worth ratio of NervGen Pharma Corp from 2018 to 2024. This chart shows how NervGen Pharma Corp's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2024. As of March 2025, the ratio stands at 67.5%, reflecting net assets of CA$1.39 Million with intangible assets of CA$451.01K CAD. See how liquid is NervGen Pharma Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
NervGen Pharma Corp Tangible Net Worth Ratio by Year (2018–2024)
NervGen Pharma Corp tangible net worth ratio by year from 2018 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for NervGen Pharma Corp from 2018 to 2024, covering 6 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 NervGen Pharma Corp market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 82.0% | CA$2.58 Million | CA$464.96K | CA$19.49 Million | ▼ -14.8 pp |
| 2022 | 96.8% | CA$13.46 Million | CA$431.40K | CA$23.88 Million | ▼ -0.4 pp |
| 2021 | 97.2% | CA$16.82 Million | CA$473.15K | CA$17.90 Million | ▲ +5.1 pp |
| 2020 | 92.0% | CA$5.92 Million | CA$471.39K | CA$6.68 Million | ▲ +0.8 pp |
| 2019 | 91.3% | CA$5.84 Million | CA$509.61K | CA$6.77 Million | ▲ +13.1 pp |
| 2018 | 78.2% | CA$2.51 Million | CA$547.83K | CA$3.10 Million | — |