MONTEGO RESOURCES INC. Tangible Net Worth Ratio

Latest as of December 2024: 100.0%

MONTEGO RESOURCES INC. 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 MONTEGO RESOURCES INC. (4MO) 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)

€16.63K
EUR

Intangible Assets

€0.00
Goodwill, patents, brand value

Total Assets

€1.36 Million
EUR

Tangible Net Worth Ratio of MONTEGO RESOURCES INC. (2023–2024)

Tangible net worth ratio of MONTEGO RESOURCES INC. from 2023 to 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.

MONTEGO RESOURCES INC. Tangible Net Worth Ratio by Year (2023–2024)

MONTEGO RESOURCES INC. tangible net worth ratio by year from 2023 to 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. For live market cap and overall valuation, see market cap of MONTEGO RESOURCES INC..

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 —
pp = percentage points