MONTEGO RESOURCES INC. (4MO) — Tangible Net Worth Ratio
MONTEGO RESOURCES INC. (4MO) has a Tangible Net Worth Ratio of 100.0% as of December 2024. This metric is calculated by deducting intangible assets (€0.00) from net assets (€16.63K) 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 4MO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MONTEGO RESOURCES INC. Tangible Net Worth Ratio (2023–2024)
This chart shows how MONTEGO RESOURCES INC.'s Tangible Net Worth Ratio has changed across 2 annual periods from 2023 to 2024. As of December 2024, the ratio stands at 100.0%, reflecting net assets of €16.63K with intangible assets of €0.00 EUR. For live market cap and overall valuation, see MONTEGO RESOURCES INC. stock valuation.
Annual Tangible Net Worth Ratio for MONTEGO RESOURCES INC. (2023–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for MONTEGO RESOURCES INC. from 2023 to 2024, 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. See 4MO financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | €74.81K | €0.00 | €1.37 Million | ▲ +0.0 pp |
| 2023 | 100.0% | €510.35K | €0.00 | €2.23 Million | — |