Northstar Clean Technologies Inc (ROOF) — Tangible Net Worth Ratio
Northstar Clean Technologies Inc (ROOF) has a Tangible Net Worth Ratio of 93.5% as of September 2024. This metric is calculated by deducting intangible assets (CA$77.74K) from net assets (CA$1.20 Million) 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 Northstar Clean Technologies Inc (ROOF) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Northstar Clean Technologies Inc Tangible Net Worth Ratio (2020–2023)
This chart shows how Northstar Clean Technologies Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 93.5%, reflecting net assets of CA$1.20 Million with intangible assets of CA$77.74K CAD. For live market cap and overall valuation, see Northstar Clean Technologies Inc (ROOF) total market value.
Annual Tangible Net Worth Ratio for Northstar Clean Technologies Inc (2020–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Northstar Clean Technologies Inc from 2020 to 2023, 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. See Northstar Clean Technologies Inc (ROOF) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 99.2% | CA$5.44 Million | CA$41.75K | CA$17.88 Million | ▲ +0.2 pp |
| 2022 | 99.1% | CA$2.78 Million | CA$25.69K | CA$6.83 Million | ▼ -0.9 pp |
| 2021 | 100.0% | CA$9.27 Million | CA$0.00 | CA$12.37 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$2.36 Million | CA$0.00 | CA$4.86 Million | — |