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. Also explore SXM shareholders equity momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and overall valuation, see Sable Exploration and Mining Ltd market cap and net worth.

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. See SXM free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

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