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. See ROOF 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
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. See Northstar Clean Technologies Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see ROOF market cap.
| 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 | — |