Nexoptic Technology Corp (NXO) — Tangible Net Worth Ratio
Nexoptic Technology Corp (NXO) has a Tangible Net Worth Ratio of 100.0% as of September 2021. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$93.62K) 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 NXO current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nexoptic Technology Corp Tangible Net Worth Ratio (2010–2020)
This chart shows how Nexoptic Technology Corp's Tangible Net Worth Ratio has changed across 10 annual periods from 2010 to 2020. As of September 2021, the ratio stands at 100.0%, reflecting net assets of CA$93.62K with intangible assets of CA$0.00 CAD. See NXO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Nexoptic Technology Corp (2010–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Nexoptic Technology Corp from 2010 to 2020, covering 10 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 how much is Nexoptic Technology Corp worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 100.0% | CA$1.52 Million | CA$0.00 | CA$2.45 Million | ▲ +94.8 pp |
| 2018 | 5.2% | CA$52.07 Million | CA$49.37 Million | CA$52.33 Million | ▼ -7.5 pp |
| 2017 | 12.7% | CA$62.95 Million | CA$54.96 Million | CA$63.28 Million | ▼ -87.3 pp |
| 2016 | 100.0% | CA$2.83 Million | CA$0.00 | CA$2.88 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$1.63 Million | CA$0.00 | CA$1.71 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$2.15 Million | CA$0.00 | CA$2.22 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$2.60 Million | CA$0.00 | CA$2.65 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$3.45 Million | CA$0.00 | CA$3.50 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$4.56 Million | CA$0.00 | CA$4.66 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$3.25 Million | CA$0.00 | CA$4.26 Million | — |