Route1 Inc (ROI) — Tangible Net Worth Ratio
Route1 Inc (ROI) has a Tangible Net Worth Ratio of -3551.6% as of June 2024. This metric is calculated by deducting intangible assets (CA$1.70 Million) from net assets (CA$46.55K) 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 Route1 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
Route1 Inc Tangible Net Worth Ratio (1997–2023)
This chart shows how Route1 Inc's Tangible Net Worth Ratio has changed across 19 annual periods from 1997 to 2023. As of June 2024, the ratio stands at -3551.6%, reflecting net assets of CA$46.55K with intangible assets of CA$1.70 Million CAD. See ROI defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Route1 Inc (1997–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Route1 Inc from 1997 to 2023, covering 19 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 Route1 Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -215.4% | CA$584.35K | CA$1.84 Million | CA$9.54 Million | ▼ -208.3 pp |
| 2022 | -7.1% | CA$1.77 Million | CA$1.89 Million | CA$12.36 Million | ▼ -26.0 pp |
| 2021 | 18.9% | CA$2.73 Million | CA$2.21 Million | CA$15.10 Million | ▼ -21.8 pp |
| 2020 | 40.7% | CA$2.14 Million | CA$1.27 Million | CA$14.18 Million | ▲ +69.9 pp |
| 2019 | -29.2% | CA$979.73K | CA$1.27 Million | CA$12.63 Million | ▼ -93.5 pp |
| 2018 | 64.4% | CA$1.46 Million | CA$522.21K | CA$6.67 Million | ▼ -17.4 pp |
| 2017 | 81.8% | CA$1.24 Million | CA$225.41K | CA$3.17 Million | ▼ -3.8 pp |
| 2016 | 85.5% | CA$1.60 Million | CA$231.69K | CA$4.19 Million | ▲ +0.8 pp |
| 2015 | 84.7% | CA$1.60 Million | CA$244.56K | CA$3.66 Million | ▼ -9.8 pp |
| 2014 | 94.5% | CA$944.58K | CA$52.22K | CA$2.98 Million | ▲ +10.0 pp |
| 2013 | 84.5% | CA$532.51K | CA$82.75K | CA$2.39 Million | ▼ -3.2 pp |
| 2012 | 87.7% | CA$616.69K | CA$75.83K | CA$2.50 Million | ▼ -12.3 pp |
| 2008 | 100.0% | CA$1.59 Million | CA$0.00 | CA$4.22 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$6.65 Million | CA$0.00 | CA$8.33 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$1.77 Million | CA$0.00 | CA$3.59 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$1.25 Million | CA$0.00 | CA$2.71 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$2.36 Million | CA$0.00 | CA$3.33 Million | ▲ +4.1 pp |
| 2002 | 95.9% | CA$240.74K | CA$9.91K | CA$1.24 Million | ▼ -3.9 pp |
| 1997 | 99.8% | CA$453.13K | CA$1.00K | CA$1.89 Million | — |