NEWPATH RESOURCES INC. (0MZ) — Tangible Net Worth Ratio

Latest as of April 2022: 100.0%

NEWPATH RESOURCES INC. (0MZ) has a Tangible Net Worth Ratio of 100.0% as of April 2022. This metric is calculated by deducting intangible assets (€0.00) from net assets (€790.67K) 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 net asset growth rate of NEWPATH RESOURCES INC. to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

€790.67K
EUR

Intangible Assets

€0.00
Goodwill, patents, brand value

Total Assets

€2.81 Million
EUR

NEWPATH RESOURCES INC. Tangible Net Worth Ratio (2022–2022)

This chart shows how NEWPATH RESOURCES INC.'s Tangible Net Worth Ratio has changed across 1 annual periods from 2022 to 2022. As of April 2022, the ratio stands at 100.0%, reflecting net assets of €790.67K with intangible assets of €0.00 EUR. For live market cap and overall valuation, see 0MZ market cap.

Annual Tangible Net Worth Ratio for NEWPATH RESOURCES INC. (2022–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for NEWPATH RESOURCES INC. from 2022 to 2022, covering 1 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 cash generation quality of NEWPATH RESOURCES INC. to measure how efficiently the company converts operating cash flow to free cash.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2022 100.0% €790.67K €0.00 €2.81 Million
pp = percentage points