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. See shareholders equity of Nexoptic Technology Corp for net asset value and shareholders' equity analysis.

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. Also explore net asset growth rate of Nexoptic Technology Corp to track the company's year-over-year net asset growth rate.

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 Nexoptic Technology Corp market capitalisation.

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