TrustBIX Inc (TBIX) — Tangible Net Worth Ratio
TrustBIX Inc (TBIX) has a Tangible Net Worth Ratio of -10910.4% as of September 2022. This metric is calculated by deducting intangible assets (CA$1.48 Million) from net assets (CA$13.40K) 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 shareholders equity of TrustBIX Inc for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TrustBIX Inc Tangible Net Worth Ratio (2019–2022)
This chart shows how TrustBIX Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2019 to 2022. As of September 2022, the ratio stands at -10910.4%, reflecting net assets of CA$13.40K with intangible assets of CA$1.48 Million CAD. Also explore TrustBIX Inc annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for TrustBIX Inc (2019–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for TrustBIX Inc from 2019 to 2022, covering 3 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 TrustBIX Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -10910.4% | CA$13.40K | CA$1.48 Million | CA$2.08 Million | ▼ -10912.7 pp |
| 2020 | 2.3% | CA$46.80K | CA$45.73K | CA$1.48 Million | ▼ -88.5 pp |
| 2019 | 90.8% | CA$1.32 Million | CA$120.77K | CA$2.07 Million | — |