Western Investment Company of Canada Limited (WI) — Tangible Net Worth Ratio
Western Investment Company of Canada Limited (WI) has a Tangible Net Worth Ratio of 97.3% as of September 2025. This metric is calculated by deducting intangible assets (CA$1.75 Million) from net assets (CA$66.12 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. See WI net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Western Investment Company of Canada Limited Tangible Net Worth Ratio (2015–2024)
This chart shows how Western Investment Company of Canada Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 97.3%, reflecting net assets of CA$66.12 Million with intangible assets of CA$1.75 Million CAD. See Western Investment Company of Canada Lim liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Western Investment Company of Canada Limited (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Western Investment Company of Canada Limited from 2015 to 2024, covering 10 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 Western Investment Company of Canada Lim market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.9% | CA$60.74 Million | CA$1.90 Million | CA$103.75 Million | ▼ -3.1 pp |
| 2023 | 100.0% | CA$12.78 Million | CA$0.00 | CA$19.86 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$12.38 Million | CA$0.00 | CA$18.62 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$13.72 Million | CA$0.00 | CA$19.50 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$14.61 Million | CA$0.00 | CA$19.93 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$18.22 Million | CA$0.00 | CA$22.58 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$16.17 Million | CA$0.00 | CA$17.84 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$14.72 Million | CA$0.00 | CA$20.05 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$3.79 Million | CA$0.00 | CA$4.11 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$433.06K | CA$0.00 | CA$476.88K | — |