Plurilock Security Inc (PLUR) — Tangible Net Worth Ratio
Plurilock Security Inc (PLUR) has a Tangible Net Worth Ratio of -97.9% as of September 2024. This metric is calculated by deducting intangible assets (CA$1.60 Million) from net assets (CA$810.85K) 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 Plurilock Security Inc (PLUR) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Plurilock Security Inc Tangible Net Worth Ratio (2019–2022)
This chart shows how Plurilock Security Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2019 to 2022. As of September 2024, the ratio stands at -97.9%, reflecting net assets of CA$810.85K with intangible assets of CA$1.60 Million CAD. For live market cap and overall valuation, see market cap of Plurilock Security Inc.
Annual Tangible Net Worth Ratio for Plurilock Security Inc (2019–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Plurilock Security Inc from 2019 to 2022, covering 4 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 Plurilock Security Inc capital spending 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) |
|---|---|---|---|---|---|
| 2022 | -3.6% | CA$2.30 Million | CA$2.39 Million | CA$23.06 Million | ▼ -94.7 pp |
| 2021 | 91.0% | CA$6.93 Million | CA$622.76K | CA$18.48 Million | ▼ -4.8 pp |
| 2020 | 95.8% | CA$1.68 Million | CA$70.00K | CA$2.23 Million | ▲ +194.9 pp |
| 2019 | -99.0% | CA$37.68K | CA$75.00K | CA$1.00 Million | — |