FENIXORO GOLD CORP. Tangible Net Worth Ratio
FENIXORO GOLD CORP. 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. See how leveraged is FENIXORO GOLD CORP.'s balance sheet to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of FENIXORO GOLD CORP. (2021–2022)
Tangible net worth ratio of FENIXORO GOLD CORP. from 2021 to 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. See FENIXORO GOLD CORP. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
FENIXORO GOLD CORP. Tangible Net Worth Ratio by Year (2021–2022)
FENIXORO GOLD CORP. tangible net worth ratio by year from 2021 to 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. For live market cap and overall valuation, see FENIXORO GOLD CORP. (8FD) total market value.
| 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 | — |