Reco International Group Inc (RGI) — Tangible Net Worth Ratio
Reco International Group Inc (RGI) has a Tangible Net Worth Ratio of 100.0% as of June 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$206.23K) 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 RGI net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Reco International Group Inc Tangible Net Worth Ratio (2013–2019)
This chart shows how Reco International Group Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2013 to 2019. As of June 2022, the ratio stands at 100.0%, reflecting net assets of CA$206.23K with intangible assets of CA$0.00 CAD. See operational self-sufficiency of Reco International Group Inc to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Reco International Group Inc (2013–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Reco International Group Inc from 2013 to 2019, 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 how much is Reco International Group Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 100.0% | CA$211.44K | CA$0.00 | CA$1.28 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$327.51K | CA$0.00 | CA$1.61 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$37.21K | CA$0.00 | CA$1.67 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$17.51K | CA$0.00 | CA$1.30 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$47.74K | CA$0.00 | CA$693.04K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$344.66K | CA$0.00 | CA$1.03 Million | — |