Principal Technologies Inc (PTEC) — Tangible Net Worth Ratio
Principal Technologies Inc (PTEC) has a Tangible Net Worth Ratio of 100.0% as of July 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$183.99K) 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 PTEC current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Principal Technologies Inc Tangible Net Worth Ratio (2020–2025)
This chart shows how Principal Technologies Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of July 2025, the ratio stands at 100.0%, reflecting net assets of CA$183.99K with intangible assets of CA$0.00 CAD. See PTEC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Principal Technologies Inc (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Principal Technologies Inc from 2020 to 2025, covering 6 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 Principal Technologies Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$183.99K | CA$0.00 | CA$1.55 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$939.12K | CA$0.00 | CA$1.51 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$196.85K | CA$0.00 | CA$727.13K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$452.37K | CA$0.00 | CA$758.69K | ▲ +0.0 pp |
| 2021 | 100.0% | CA$1.36 Million | CA$0.00 | CA$1.44 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.63 Million | CA$0.00 | CA$1.64 Million | — |