Eco Oro Minerals Corp (GQQ) — Tangible Net Worth Ratio
Eco Oro Minerals Corp (GQQ) has a Tangible Net Worth Ratio of 100.0% as of March 2017. This metric is calculated by deducting intangible assets (€0.00) from net assets (€3.94 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 GQQ 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
Eco Oro Minerals Corp Tangible Net Worth Ratio (2013–2016)
This chart shows how Eco Oro Minerals Corp's Tangible Net Worth Ratio has changed across 4 annual periods from 2013 to 2016. As of March 2017, the ratio stands at 100.0%, reflecting net assets of €3.94 Million with intangible assets of €0.00 EUR. For live market cap and overall valuation, see Eco Oro Minerals Corp stock valuation.
Annual Tangible Net Worth Ratio for Eco Oro Minerals Corp (2013–2016)
The table below presents the year-by-year Tangible Net Worth Ratio for Eco Oro Minerals Corp from 2013 to 2016, covering 4 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. Explore Eco Oro Minerals Corp (GQQ) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2016 | 100.0% | €7.60 Million | €0.00 | €18.75 Million | ▲ +0.0 pp |
| 2015 | 100.0% | €22.54 Million | €0.00 | €28.80 Million | ▲ +0.0 pp |
| 2014 | 100.0% | €18.25 Million | €0.00 | €26.51 Million | ▲ +27.1 pp |
| 2013 | 72.9% | €24.58 Million | €6.66 Million | €31.39 Million | — |