Spectra7 Microsystems Inc (SEV) — Tangible Net Worth Ratio
Spectra7 Microsystems Inc (SEV) has a Tangible Net Worth Ratio of 73.0% as of December 2024. This metric is calculated by deducting intangible assets (CA$524.23K) from net assets (CA$1.94 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 SEV working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Spectra7 Microsystems Inc Tangible Net Worth Ratio (2011–2024)
This chart shows how Spectra7 Microsystems Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2011 to 2024. As of December 2024, the ratio stands at 73.0%, reflecting net assets of CA$1.94 Million with intangible assets of CA$524.23K CAD. See SEV defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Spectra7 Microsystems Inc (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Spectra7 Microsystems Inc from 2011 to 2024, covering 9 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 Spectra7 Microsystems Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 73.0% | CA$1.94 Million | CA$524.23K | CA$3.23 Million | ▼ -14.9 pp |
| 2022 | 87.9% | CA$578.91K | CA$69.90K | CA$8.31 Million | ▲ +4.7 pp |
| 2021 | 83.2% | CA$3.55 Million | CA$597.07K | CA$12.22 Million | ▲ +27.3 pp |
| 2016 | 55.9% | CA$2.32 Million | CA$1.02 Million | CA$10.49 Million | ▼ -23.0 pp |
| 2015 | 78.9% | CA$8.56 Million | CA$1.81 Million | CA$11.77 Million | ▲ +32.7 pp |
| 2014 | 46.2% | CA$9.23 Million | CA$4.96 Million | CA$13.04 Million | ▲ +40.1 pp |
| 2013 | 6.2% | CA$8.12 Million | CA$7.62 Million | CA$13.34 Million | ▼ -93.8 pp |
| 2012 | 100.0% | CA$39.83K | CA$0.00 | CA$507.31K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$645.41K | CA$0.00 | CA$710.01K | — |