Northgold AB (NG) — Tangible Net Worth Ratio
Northgold AB (NG) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets (Skr0.00) from net assets (Skr32.39 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 Northgold AB annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Northgold AB Tangible Net Worth Ratio (2016–2024)
This chart shows how Northgold AB's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of Skr32.39 Million with intangible assets of Skr0.00 SEK. For live market cap and overall valuation, see Northgold AB stock valuation.
Annual Tangible Net Worth Ratio for Northgold AB (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Northgold AB from 2016 to 2024, covering 9 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 NG capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (SEK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 28.8% | Skr49.38 Million | Skr35.17 Million | Skr56.21 Million | ▲ +34.4 pp |
| 2023 | -5.6% | Skr49.11 Million | Skr51.87 Million | Skr57.40 Million | ▼ -36.8 pp |
| 2022 | 31.2% | Skr33.29 Million | Skr22.89 Million | Skr37.72 Million | ▼ -68.7 pp |
| 2021 | 99.9% | Skr10.67 Million | Skr11.31K | Skr13.38 Million | ▼ -0.1 pp |
| 2020 | 100.0% | Skr44.46K | Skr0.00 | Skr51.12K | ▲ +0.0 pp |
| 2019 | 100.0% | Skr222.50 Million | Skr0.00 | Skr326.05 Million | ▲ +0.0 pp |
| 2018 | 100.0% | Skr217.65 Million | Skr0.00 | Skr330.01 Million | ▲ +0.0 pp |
| 2017 | 100.0% | Skr206.98 Million | Skr0.00 | Skr339.64 Million | ▲ +0.0 pp |
| 2016 | 100.0% | Skr180.16 Million | Skr0.00 | Skr265.48 Million | — |