FENIXORO GOLD CORP. (8FD) — Tangible Net Worth Ratio
FENIXORO GOLD CORP. (8FD) has a Tangible Net Worth Ratio of 100.0% as of February 2022. This metric is calculated by deducting intangible assets (€0.00) from net assets (€7.73 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 net asset growth rate of FENIXORO GOLD CORP. to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
FENIXORO GOLD CORP. Tangible Net Worth Ratio (2021–2022)
This chart shows how FENIXORO GOLD CORP.'s Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2022. As of February 2022, the ratio stands at 100.0%, reflecting net assets of €7.73 Million with intangible assets of €0.00 EUR. For live market cap and overall valuation, see 8FD company net worth.
Annual Tangible Net Worth Ratio for FENIXORO GOLD CORP. (2021–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for FENIXORO GOLD CORP. from 2021 to 2022, 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 FENIXORO GOLD CORP. (8FD) 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) |
|---|---|---|---|---|---|
| 2022 | 100.0% | €7.73 Million | €0.00 | €8.68 Million | ▲ +0.0 pp |
| 2021 | 100.0% | €8.20 Million | €0.00 | €9.33 Million | — |