Thermal Energy International Inc. Tangible Net Worth Ratio
Thermal Energy International Inc. tangible net worth ratio. Thermal Energy International Inc. (TMG) has a Tangible Net Worth Ratio of 100.0% as of November 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$4.41 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. Check TMG PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Thermal Energy International Inc. (2001–2025)
Tangible net worth ratio of Thermal Energy International Inc. from 2001 to 2025. This chart shows how Thermal Energy International Inc.'s Tangible Net Worth Ratio has changed across 19 annual periods from 2001 to 2025. As of November 2025, the ratio stands at 100.0%, reflecting net assets of CA$4.41 Million with intangible assets of CA$0.00 CAD. See TMG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Thermal Energy International Inc. Tangible Net Worth Ratio by Year (2001–2025)
Thermal Energy International Inc. tangible net worth ratio by year from 2001 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Thermal Energy International Inc. from 2001 to 2025, covering 19 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 TMG market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 86.2% | CA$3.57 Million | CA$491.83K | CA$11.95 Million | ▲ +4.5 pp |
| 2024 | 81.7% | CA$3.42 Million | CA$626.62K | CA$16.79 Million | ▲ +25.7 pp |
| 2023 | 56.0% | CA$1.92 Million | CA$845.62K | CA$13.51 Million | ▲ +54.3 pp |
| 2022 | 1.7% | CA$1.04 Million | CA$1.03 Million | CA$9.60 Million | ▼ -63.6 pp |
| 2021 | 65.3% | CA$2.96 Million | CA$1.03 Million | CA$11.55 Million | ▲ +35.9 pp |
| 2020 | 29.4% | CA$2.01 Million | CA$1.42 Million | CA$10.44 Million | ▼ -14.7 pp |
| 2019 | 44.1% | CA$3.89 Million | CA$2.18 Million | CA$13.05 Million | ▼ -40.3 pp |
| 2018 | 84.4% | CA$4.11 Million | CA$640.24K | CA$8.69 Million | ▲ +2.8 pp |
| 2017 | 81.6% | CA$3.51 Million | CA$646.37K | CA$8.38 Million | ▲ +4.3 pp |
| 2016 | 77.3% | CA$3.11 Million | CA$705.93K | CA$5.98 Million | ▲ +3.1 pp |
| 2015 | 74.2% | CA$2.73 Million | CA$706.75K | CA$5.90 Million | ▼ -11.8 pp |
| 2014 | 85.9% | CA$4.81 Million | CA$675.59K | CA$7.45 Million | ▲ +1.5 pp |
| 2013 | 84.5% | CA$3.82 Million | CA$593.78K | CA$6.03 Million | ▼ -2.8 pp |
| 2012 | 87.2% | CA$6.57 Million | CA$838.36K | CA$9.97 Million | ▲ +1.9 pp |
| 2011 | 85.3% | CA$6.41 Million | CA$940.05K | CA$8.70 Million | ▲ +3.2 pp |
| 2010 | 82.1% | CA$7.38 Million | CA$1.32 Million | CA$9.49 Million | ▼ -3.6 pp |
| 2009 | 85.7% | CA$10.52 Million | CA$1.51 Million | CA$12.55 Million | ▼ -14.3 pp |
| 2007 | 100.0% | CA$626.96K | CA$0.00 | CA$2.13 Million | ▲ +41.0 pp |
| 2001 | 59.0% | CA$413.73K | CA$169.62K | CA$3.76 Million | — |