US Gold Corp (USAU) — Tangible Net Worth Ratio
US Gold Corp (USAU) has a Tangible Net Worth Ratio of 70.5% as of April 2026. This metric is calculated by deducting intangible assets ($14.37 Million) from net assets ($48.75 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 how fast is US Gold Corp growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
US Gold Corp Tangible Net Worth Ratio (1986–2026)
This chart shows how US Gold Corp's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of April 2026, the ratio stands at 70.5%, reflecting net assets of $48.75 Million with intangible assets of $14.37 Million USD. For live market cap and overall valuation, see market cap of US Gold Corp.
Annual Tangible Net Worth Ratio for US Gold Corp (1986–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for US Gold Corp from 1986 to 2026, covering 41 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 USAU capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 70.5% | $48.75 Million | $14.37 Million | $50.21 Million | ▼ -29.5 pp |
| 2025 | 100.0% | $11.59 Million | $0.00 | $24.87 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $17.46 Million | $0.00 | $22.58 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $18.86 Million | $0.00 | $24.18 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $23.66 Million | $0.00 | $27.50 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $30.50 Million | $0.00 | $31.32 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $9.51 Million | $0.00 | $9.83 Million | ▲ +58.4 pp |
| 2019 | 41.6% | $7.15 Million | $4.18 Million | $7.40 Million | ▼ -25.5 pp |
| 2018 | 67.1% | $12.70 Million | $4.18 Million | $12.99 Million | ▼ -18.9 pp |
| 2017 | 86.0% | $1.96 Million | $274.00K | $4.76 Million | ▼ -2.7 pp |
| 2016 | 88.7% | $2.89 Million | $326.00K | $5.75 Million | ▲ +6.0 pp |
| 2015 | 82.8% | $2.12 Million | $365.00K | $6.28 Million | ▼ -17.2 pp |
| 2014 | 100.0% | $1.99 Million | $0.00 | $7.57 Million | ▲ +4.4 pp |
| 2013 | 95.6% | $2.99 Million | $133.00K | $8.16 Million | ▼ -0.5 pp |
| 2012 | 96.1% | $7.53 Million | $297.00K | $11.43 Million | ▲ +22.3 pp |
| 2011 | 73.7% | $7.38 Million | $1.94 Million | $14.82 Million | ▼ -18.7 pp |
| 2010 | 92.4% | $11.39 Million | $867.00K | $17.65 Million | ▼ -0.5 pp |
| 2009 | 92.9% | $21.10 Million | $1.50 Million | $24.55 Million | ▼ -7.1 pp |
| 2008 | 100.0% | $23.62 Million | $0.00 | $26.11 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $23.33 Million | $0.00 | $25.91 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $23.53 Million | $0.00 | $26.24 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $22.18 Million | $0.00 | $26.15 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $16.40 Million | $0.00 | $21.91 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $14.02 Million | $0.00 | $20.21 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $29.83 Million | $0.00 | $42.56 Million | ▲ +18.5 pp |
| 2001 | 81.5% | $38.04 Million | $7.04 Million | $65.28 Million | ▼ -18.5 pp |
| 2000 | 100.0% | $26.89 Million | $0.00 | $40.15 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $20.00 Million | $0.00 | $27.40 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $17.00 Million | $0.00 | $24.50 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $16.30 Million | $0.00 | $22.50 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $18.10 Million | $0.00 | $25.90 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $16.40 Million | $0.00 | $27.70 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $17.90 Million | $0.00 | $30.20 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $18.70 Million | $0.00 | $26.90 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $15.60 Million | $0.00 | $21.30 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $12.20 Million | $0.00 | $15.90 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $10.70 Million | $0.00 | $14.10 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $15.20 Million | $0.00 | $17.40 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $13.60 Million | $0.00 | $15.90 Million | ▲ +0.0 pp |
| 1987 | 100.0% | $13.90 Million | $0.00 | $16.00 Million | ▲ +0.0 pp |
| 1986 | 100.0% | $12.80 Million | $0.00 | $15.80 Million | — |