Resaas Services Inc (RSS) — Tangible Net Worth Ratio

Latest as of June 2022: 52.6%

Resaas Services Inc (RSS) has a Tangible Net Worth Ratio of 52.6% as of June 2022. This metric is calculated by deducting intangible assets (CA$122.66K) from net assets (CA$258.62K) 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 Resaas Services Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

52.6%
Tangible equity / total equity

Net Assets (Equity)

CA$258.62K
CAD

Intangible Assets

CA$122.66K
Goodwill, patents, brand value

Total Assets

CA$1.00 Million
CAD

Resaas Services Inc Tangible Net Worth Ratio (2009–2019)

This chart shows how Resaas Services Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2009 to 2019. As of June 2022, the ratio stands at 52.6%, reflecting net assets of CA$258.62K with intangible assets of CA$122.66K CAD. See Resaas Services Inc (RSS) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Resaas Services Inc (2009–2019)

The table below presents the year-by-year Tangible Net Worth Ratio for Resaas Services Inc from 2009 to 2019, covering 11 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 Resaas Services Inc market capitalisation.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2019 30.5% CA$774.52K CA$538.35K CA$1.47 Million ▼ -21.8 pp
2018 52.3% CA$1.50 Million CA$718.10K CA$2.14 Million ▼ -44.1 pp
2017 96.3% CA$1.20 Million CA$44.11K CA$1.86 Million ▲ +17.7 pp
2016 78.6% CA$7.42 Million CA$1.58 Million CA$7.85 Million ▼ -8.2 pp
2015 86.9% CA$7.46 Million CA$979.00K CA$7.90 Million ▲ +4.4 pp
2014 82.4% CA$5.62 Million CA$987.31K CA$5.77 Million ▲ +0.3 pp
2013 82.1% CA$4.85 Million CA$868.56K CA$4.99 Million ▲ +7.2 pp
2012 74.9% CA$7.47 Million CA$1.88 Million CA$7.54 Million ▼ -4.9 pp
2011 79.8% CA$5.63 Million CA$1.14 Million CA$5.67 Million ▲ +63.5 pp
2010 16.3% CA$236.68K CA$198.09K CA$281.84K ▼ -59.4 pp
2009 75.7% CA$204.11K CA$49.59K CA$217.94K
pp = percentage points