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. See PLUR working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
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. See defensive interval ratio of Plurilock Security Inc to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Plurilock Security Inc (PLUR) total market value.
| 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 | — |