Alpine Summit Energy Partners Inc (ALPS) — Tangible Net Worth Ratio

Latest as of September 2024: 100.0%

Alpine Summit Energy Partners Inc (ALPS) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($19.97 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 ALPS working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$19.97 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$29.94 Million
USD

Alpine Summit Energy Partners Inc Tangible Net Worth Ratio (2019–2023)

This chart shows how Alpine Summit Energy Partners Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of $19.97 Million with intangible assets of $0.00 USD. See how many days can Alpine Summit Energy Partners Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Alpine Summit Energy Partners Inc (2019–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Alpine Summit Energy Partners Inc from 2019 to 2023, 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 the full company profile including market capitalisation, see market value of Alpine Summit Energy Partners Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2023 42.3% $1.45 Million $837.80K $6.70 Million ▼ -57.5 pp
2022 99.8% $91.50 Million $200.41K $344.08 Million ▼ -0.2 pp
2021 100.0% $113.59 Million $0.00 $117.96 Million ▲ +0.0 pp
2020 100.0% $432.50K $0.00 $457.31K ▲ +0.0 pp
2019 100.0% $66.23K $0.00 $87.89K
pp = percentage points