Tucows Inc. (TC) - Total Assets

Latest as of September 2025: CA$735.49 Million CAD ≈ $532.04 Million USD

Based on the latest financial reports, Tucows Inc. (TC) holds total assets worth CA$735.49 Million CAD (≈ $532.04 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See TC total equity for net asset value and shareholders' equity analysis.

Tucows Inc. - Total Assets Trend (1996–2024)

This chart illustrates how Tucows Inc.'s total assets have evolved over time, based on quarterly financial data.

Tucows Inc. - Asset Composition Analysis

Current Asset Composition (December 2024)

Tucows Inc.'s total assets of CA$735.49 Million consist of 27.1% current assets and 72.9% non-current assets.

Asset Category	Amount (CAD)	% of Total Assets
Cash & Equivalents	CA$0.00	7.5%
Accounts Receivable	CA$21.09 Million	2.8%
Inventory	CA$3.98 Million	0.5%
Property, Plant & Equipment	CA$0.00	0.0%
Intangible Assets	CA$24.75 Million	3.3%
Goodwill	CA$130.41 Million	17.2%

Asset Composition Trend (1996–2024)

This chart illustrates how Tucows Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Tucows Inc. (TC) market capitalisation.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Tucows Inc.'s current assets represent 27.1% of total assets in 2024, a decrease from 94.0% in 1996.
Cash Position: Cash and equivalents constituted 7.5% of total assets in 2024, down from 53.3% in 1996.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, an increase from 0.0% in 1996.
Asset Diversification: The largest asset category is goodwill at 17.2% of total assets.

Tucows Inc. Competitors by Total Assets

Key competitors of Tucows Inc. based on total assets are shown below.

Company	Country	Total Assets
StoneCo Ltd F:0Q0	Germany	€58.60 Billion
TIZA Information Industry Corporation Inc SHE:300209	China	CN¥1.17 Billion
Megaport Ltd AU:MP1	Australia	AU$260.20 Million
Inesa Intelligent Tech Inc B SHG:900901	China	$7.86 Billion
RAIZ Invest Ltd AU:RZI	Australia	AU$50.57 Million
Heeros Oyj HE:HEEROS	Finland	€11.33 Million
IXUP Ltd AU:IXU	Australia	AU$7.22 Million
Hank Payments Corp V:HANK	Canada	CA$5.37 Million

Tucows Inc. - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	1.07	1.11	0.87
Quick Ratio	1.05	1.09	0.85
Cash Ratio	0.00	0.00	0.00
Working Capital	CA$14.39 Million	CA$22.71 Million	CA$-21.77 Million

Tucows Inc. - Advanced Valuation Insights

This section examines the relationship between Tucows Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	2.42
Latest Market Cap to Assets Ratio	0.23
Asset Growth Rate (YoY)	-5.0%
Total Assets	CA$758.80 Million
Market Capitalization	$173.82 Million USD

Valuation Analysis

Below Book Valuation: The market values Tucows Inc.'s assets below their book value (0.23x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Tucows Inc.'s assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Tucows Inc. (1996–2024)

The table below shows the annual total assets of Tucows Inc. from 1996 to 2024.

Year	Total Assets	Change
2024-12-31	CA$758.80 Million ≈ $548.90 Million	-4.96%
2023-12-31	CA$798.43 Million ≈ $577.57 Million	+20.11%
2022-12-31	CA$664.75 Million ≈ $480.87 Million	+23.19%
2021-12-31	CA$539.60 Million ≈ $390.34 Million	+19.41%
2020-12-31	CA$451.90 Million ≈ $326.90 Million	+6.10%
2019-12-31	CA$425.92 Million ≈ $308.10 Million	+25.43%
2018-12-31	CA$339.57 Million ≈ $245.64 Million	-3.16%
2017-12-31	CA$350.65 Million ≈ $253.66 Million	+127.09%
2016-12-31	CA$154.41 Million ≈ $111.70 Million	+19.58%
2015-12-31	CA$129.13 Million ≈ $93.41 Million	+2.65%
2014-12-31	CA$125.80 Million ≈ $91.00 Million	+3.66%
2013-12-31	CA$121.35 Million ≈ $87.78 Million	+2.17%
2012-12-31	CA$118.77 Million ≈ $85.92 Million	+2.67%
2011-12-31	CA$115.69 Million ≈ $83.69 Million	+14.00%
2010-12-31	CA$101.48 Million ≈ $73.41 Million	-2.55%
2009-12-31	CA$104.14 Million ≈ $75.33 Million	+7.89%
2008-12-31	CA$96.52 Million ≈ $69.82 Million	-3.52%
2007-12-31	CA$100.04 Million ≈ $72.37 Million	+18.16%
2006-12-31	CA$84.67 Million ≈ $61.25 Million	+48.39%
2005-12-31	CA$57.06 Million ≈ $41.27 Million	+20.62%
2004-12-31	CA$47.30 Million ≈ $34.22 Million	+33.87%
2003-12-31	CA$35.34 Million ≈ $25.56 Million	+22.47%
2002-12-31	CA$28.85 Million ≈ $20.87 Million	+12.75%
2001-12-31	CA$25.59 Million ≈ $18.51 Million	+62.00%
2000-12-31	CA$15.80 Million ≈ $11.43 Million	-47.52%
1999-12-31	CA$30.10 Million ≈ $21.77 Million	+195.10%
1998-12-31	CA$10.20 Million ≈ $7.38 Million	-45.74%
1997-12-31	CA$18.80 Million ≈ $13.60 Million	-37.75%
1996-12-31	CA$30.20 Million ≈ $21.85 Million	--

About Tucows Inc.

TO:TC Canada Software - Infrastructure

Market Cap

$173.82 Million

CA$240.29 Million CAD

Market Cap Rank

#17058 Global

#543 in Canada

Share Price

CA$21.64

Change (1 day)

+1.84%

52-Week Range

CA$21.16 - CA$34.71

All Time High

CA$119.91