U.S. GoldMining Inc. Common stock (USGO) — Tangible Net Worth Ratio
U.S. GoldMining Inc. Common stock (USGO) has a Tangible Net Worth Ratio of 100.0% as of February 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($186.70 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 U.S. GoldMining Inc. Common stock current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
U.S. GoldMining Inc. Common stock Tangible Net Worth Ratio (2020–2025)
This chart shows how U.S. GoldMining Inc. Common stock's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2025. As of February 2026, the ratio stands at 100.0%, reflecting net assets of $186.70 Million with intangible assets of $0.00 USD. See USGO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for U.S. GoldMining Inc. Common stock (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for U.S. GoldMining Inc. Common stock from 2020 to 2025, covering 4 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 U.S. GoldMining Inc. Common stock.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $7.61 Million | $0.00 | $8.45 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $4.45 Million | $0.00 | $5.15 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $12.21 Million | $0.00 | $13.02 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $61.35K | $0.00 | $744.83K | — |