CANDELARIA MINING CORP (29LN) — Tangible Net Worth Ratio

Latest as of April 2023: 100.0%

CANDELARIA MINING CORP (29LN) has a Tangible Net Worth Ratio of 100.0% as of April 2023. This metric is calculated by deducting intangible assets (€0.00) from net assets (€11.59 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. Also explore 29LN 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)

€11.59 Million
EUR

Intangible Assets

€0.00
Goodwill, patents, brand value

Total Assets

€16.79 Million
EUR

CANDELARIA MINING CORP Tangible Net Worth Ratio (2022–2023)

This chart shows how CANDELARIA MINING CORP's Tangible Net Worth Ratio has changed across 2 annual periods from 2022 to 2023. As of April 2023, the ratio stands at 100.0%, reflecting net assets of €11.59 Million with intangible assets of €0.00 EUR.

Annual Tangible Net Worth Ratio for CANDELARIA MINING CORP (2022–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for CANDELARIA MINING CORP from 2022 to 2023, covering 2 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 29LN market cap overview.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2023 100.0% €11.59 Million €0.00 €16.79 Million ▲ +0.0 pp
2022 100.0% €12.93 Million €0.00 €16.79 Million —
pp = percentage points