XORTX Therapeutics Inc Tangible Net Worth Ratio
XORTX Therapeutics Inc tangible net worth ratio. XORTX Therapeutics Inc (XRTX) has a Tangible Net Worth Ratio of 90.2% as of September 2025. This metric is calculated by deducting intangible assets (CA$194.00K) from net assets (CA$1.97 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 how strategically is XORTX Therapeutics Inc's equity deployed 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 XORTX Therapeutics Inc (2018–2024)
Tangible net worth ratio of XORTX Therapeutics Inc from 2018 to 2024. This chart shows how XORTX Therapeutics Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 90.2%, reflecting net assets of CA$1.97 Million with intangible assets of CA$194.00K CAD. See XRTX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
XORTX Therapeutics Inc Tangible Net Worth Ratio by Year (2018–2024)
XORTX Therapeutics Inc tangible net worth ratio by year from 2018 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for XORTX Therapeutics Inc from 2018 to 2024, covering 6 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 XRTX company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.5% | CA$3.34 Million | CA$183.11K | CA$4.09 Million | ▼ -1.7 pp |
| 2023 | 96.2% | CA$4.64 Million | CA$175.25K | CA$5.47 Million | ▼ -0.9 pp |
| 2022 | 97.1% | CA$6.97 Million | CA$199.43K | CA$12.34 Million | ▼ -1.3 pp |
| 2021 | 98.5% | CA$16.74 Million | CA$256.24K | CA$22.04 Million | ▲ +17.1 pp |
| 2020 | 81.3% | CA$1.26 Million | CA$234.32K | CA$2.29 Million | ▲ +69.9 pp |
| 2018 | 11.4% | CA$321.54K | CA$284.86K | CA$1.27 Million | — |