Zonetail Inc (ZONE) — Tangible Net Worth Ratio

Latest as of March 2022: 100.0%

Zonetail Inc (ZONE) has a Tangible Net Worth Ratio of 100.0% as of March 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$29.16K) 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 ZONE net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$29.16K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$765.46K
CAD

Zonetail Inc Tangible Net Worth Ratio (2016–2021)

This chart shows how Zonetail Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2016 to 2021. As of March 2022, the ratio stands at 100.0%, reflecting net assets of CA$29.16K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Zonetail Inc (ZONE) total market value.

Annual Tangible Net Worth Ratio for Zonetail Inc (2016–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Zonetail Inc from 2016 to 2021, covering 3 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. See ZONE free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2021 100.0% CA$454.50K CA$0.00 CA$1.25 Million ▲ +0.0 pp
2018 100.0% CA$737.56K CA$0.00 CA$1.42 Million ▲ +0.0 pp
2016 100.0% CA$443.73K CA$0.00 CA$473.61K
pp = percentage points