Totally Hip Technologies Inc (THP) — Tangible Net Worth Ratio
Totally Hip Technologies Inc (THP) has a Tangible Net Worth Ratio of 100.0% as of December 2020. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$2.44K) 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 Totally Hip Technologies Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Totally Hip Technologies Inc Tangible Net Worth Ratio (2019–2020)
This chart shows how Totally Hip Technologies Inc's Tangible Net Worth Ratio has changed across 2 annual periods from 2019 to 2020. As of December 2020, the ratio stands at 100.0%, reflecting net assets of CA$2.44K with intangible assets of CA$0.00 CAD. See Totally Hip Technologies Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Totally Hip Technologies Inc (2019–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Totally Hip Technologies Inc from 2019 to 2020, covering 2 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 Totally Hip Technologies Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 100.0% | CA$27.06K | CA$0.00 | CA$1.36 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$97.80K | CA$0.00 | CA$1.44 Million | — |