Northstar Clean Technologies Inc Tangible Net Worth Ratio
Northstar Clean Technologies Inc 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 equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Northstar Clean Technologies Inc (2020–2023)
Tangible net worth ratio of Northstar Clean Technologies Inc from 2020 to 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. Check ROOF strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Northstar Clean Technologies Inc Tangible Net Worth Ratio by Year (2020–2023)
Northstar Clean Technologies Inc tangible net worth ratio by year from 2020 to 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. For live market cap and overall valuation, see Northstar Clean Technologies Inc market cap and net worth.
| 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 | — |