Nexoptic Technology Corp (NXO) — Tangible Net Worth Ratio

Latest as of September 2021: 100.0%

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. Also explore how fast is Nexoptic Technology Corp growing its equity 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$93.62K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$820.77K
CAD

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. For live market cap and overall valuation, see Nexoptic Technology Corp market cap and net worth.

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. Explore Nexoptic Technology Corp capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

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
pp = percentage points