Tectonic Metals Inc (TECT) — Tangible Net Worth Ratio
Tectonic Metals Inc (TECT) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$19.29 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 net asset growth rate of Tectonic Metals Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tectonic Metals Inc Tangible Net Worth Ratio (2018–2024)
This chart shows how Tectonic Metals Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$19.29 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see TECT market cap overview.
Annual Tangible Net Worth Ratio for Tectonic Metals Inc (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Tectonic Metals Inc from 2018 to 2024, covering 7 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. See TECT free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$2.95 Million | CA$0.00 | CA$3.78 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$2.65 Million | CA$0.00 | CA$3.75 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$2.95 Million | CA$0.00 | CA$3.37 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$1.57 Million | CA$0.00 | CA$1.91 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$3.85 Million | CA$0.00 | CA$4.15 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$1.94 Million | CA$0.00 | CA$2.47 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$2.45 Million | CA$0.00 | CA$2.57 Million | — |