Totally Hip Technologies Inc Tangible Net Worth Ratio
Totally Hip Technologies Inc 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. Also explore THP net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Totally Hip Technologies Inc (2019–2020)
Tangible net worth ratio of Totally Hip Technologies Inc from 2019 to 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. Check Totally Hip Technologies Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Totally Hip Technologies Inc Tangible Net Worth Ratio by Year (2019–2020)
Totally Hip Technologies Inc tangible net worth ratio by year from 2019 to 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 live market cap and overall valuation, see THP stock market capitalisation.
| 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 | — |