Omni-Lite Industries Canada Inc. (OML) — Tangible Net Worth Ratio
Omni-Lite Industries Canada Inc. (OML) has a Tangible Net Worth Ratio of 98.8% as of September 2025. This metric is calculated by deducting intangible assets (CA$178.04K) from net assets (CA$14.59 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. See Omni-Lite Industries Canada Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Omni-Lite Industries Canada Inc. Tangible Net Worth Ratio (2013–2024)
This chart shows how Omni-Lite Industries Canada Inc.'s Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 98.8%, reflecting net assets of CA$14.59 Million with intangible assets of CA$178.04K CAD. See defensive interval ratio of Omni-Lite Industries Canada Inc. to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Omni-Lite Industries Canada Inc. (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Omni-Lite Industries Canada Inc. from 2013 to 2024, covering 12 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 Omni-Lite Industries Canada Inc. worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.4% | CA$16.66 Million | CA$96.01K | CA$23.40 Million | ▲ +0.6 pp |
| 2023 | 98.8% | CA$13.51 Million | CA$155.40K | CA$21.21 Million | ▲ +0.9 pp |
| 2022 | 98.0% | CA$12.42 Million | CA$250.60K | CA$20.06 Million | ▲ +0.7 pp |
| 2021 | 97.3% | CA$14.18 Million | CA$385.62K | CA$23.16 Million | ▼ -1.1 pp |
| 2020 | 98.4% | CA$12.45 Million | CA$195.62K | CA$14.85 Million | ▲ +0.5 pp |
| 2019 | 97.9% | CA$12.66 Million | CA$264.00K | CA$17.06 Million | ▲ +0.2 pp |
| 2018 | 97.7% | CA$14.54 Million | CA$338.67K | CA$17.23 Million | ▼ -2.3 pp |
| 2017 | 100.0% | CA$18.28 Million | CA$0.00 | CA$21.38 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$17.94 Million | CA$0.00 | CA$21.67 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$18.35 Million | CA$0.00 | CA$21.98 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$18.11 Million | CA$0.00 | CA$21.85 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$17.96 Million | CA$0.00 | CA$22.34 Million | — |