Sable Exploration and Mining Ltd (SXM) — Tangible Net Worth Ratio

Latest as of February 2024: 100.0%

Sable Exploration and Mining Ltd (SXM) has a Tangible Net Worth Ratio of 100.0% as of February 2024. This metric is calculated by deducting intangible assets (ZAC0.00) from net assets (ZAC5.56 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 SXM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

ZAC5.56 Million
ZAC

Intangible Assets

ZAC0.00
Goodwill, patents, brand value

Total Assets

ZAC20.54 Million
ZAC

Sable Exploration and Mining Ltd Tangible Net Worth Ratio (2024–2024)

This chart shows how Sable Exploration and Mining Ltd's Tangible Net Worth Ratio has changed across 1 annual periods from 2024 to 2024. As of February 2024, the ratio stands at 100.0%, reflecting net assets of ZAC5.56 Million with intangible assets of ZAC0.00 ZAC. See operational self-sufficiency of Sable Exploration and Mining Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Sable Exploration and Mining Ltd (2024–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Sable Exploration and Mining Ltd from 2024 to 2024, covering 1 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 the full company profile including market capitalisation, see how much is Sable Exploration and Mining Ltd worth.

Year Tangible NW Ratio Net Assets (ZAC) Intangible Assets Total Assets Change (pp)
2024 100.0% ZAC5.56 Million ZAC0.00 ZAC20.54 Million
pp = percentage points