Zonetail Inc (ZONE) — Tangible Net Worth Ratio
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. See ZONE 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
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. See operational self-sufficiency of Zonetail Inc to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Zonetail Inc stock valuation.
| 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 | — |