NORTHERN SHIELD RES INC. Tangible Net Worth Ratio
NORTHERN SHIELD RES INC. tangible net worth ratio. NORTHERN SHIELD RES INC. (N9SA) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets (€0.00) from net assets (€4.42 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. Check N9SA capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of NORTHERN SHIELD RES INC. (2021–2025)
Tangible net worth ratio of NORTHERN SHIELD RES INC. from 2021 to 2025. This chart shows how NORTHERN SHIELD RES INC.'s Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of €4.42 Million with intangible assets of €0.00 EUR. See working capital position of NORTHERN SHIELD RES INC. to evaluate short-term liquidity relative to the company's equity base.
NORTHERN SHIELD RES INC. Tangible Net Worth Ratio by Year (2021–2025)
NORTHERN SHIELD RES INC. tangible net worth ratio by year from 2021 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for NORTHERN SHIELD RES INC. from 2021 to 2025, covering 5 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 NORTHERN SHIELD RES INC. (N9SA) total market value.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | €3.69 Million | €0.00 | €4.20 Million | ▲ +0.0 pp |
| 2024 | 100.0% | €2.30 Million | €0.00 | €2.98 Million | ▲ +0.0 pp |
| 2023 | 100.0% | €5.20 Million | €0.00 | €6.02 Million | ▲ +0.0 pp |
| 2022 | 100.0% | €5.21 Million | €634.00 | €5.77 Million | ▲ +0.0 pp |
| 2021 | 100.0% | €5.38 Million | €1.08K | €5.71 Million | — |