Ascendant Resources Inc Tangible Net Worth Ratio
Ascendant Resources Inc tangible net worth ratio. Ascendant Resources Inc (ASND) has a Tangible Net Worth Ratio of 100.0% as of September 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$5.29 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. Check strategic asset allocation of Ascendant Resources Inc to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Ascendant Resources Inc (2007–2021)
Tangible net worth ratio of Ascendant Resources Inc from 2007 to 2021. This chart shows how Ascendant Resources Inc's Tangible Net Worth Ratio has changed across 13 annual periods from 2007 to 2021. As of September 2023, the ratio stands at 100.0%, reflecting net assets of CA$5.29 Million with intangible assets of CA$0.00 CAD. See working capital position of Ascendant Resources Inc to evaluate short-term liquidity relative to the company's equity base.
Ascendant Resources Inc Tangible Net Worth Ratio by Year (2007–2021)
Ascendant Resources Inc tangible net worth ratio by year from 2007 to 2021. The table below presents the year-by-year Tangible Net Worth Ratio for Ascendant Resources Inc from 2007 to 2021, covering 13 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 live market cap and overall valuation, see ASND company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 100.0% | CA$3.86 Million | CA$0.00 | CA$7.91 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$4.78 Million | CA$0.00 | CA$6.45 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$15.92 Million | CA$0.00 | CA$75.42 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$23.62 Million | CA$0.00 | CA$66.07 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$16.23 Million | CA$0.00 | CA$51.96 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$11.21 Million | CA$0.00 | CA$39.18 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$811.86K | CA$0.00 | CA$1.40 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$4.87 Million | CA$0.00 | CA$5.26 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$5.70 Million | CA$0.00 | CA$6.08 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$1.37 Million | CA$0.00 | CA$1.62 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$177.88K | CA$0.00 | CA$203.01K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$210.59K | CA$0.00 | CA$236.97K | ▲ +0.0 pp |
| 2007 | 100.0% | CA$86.67K | CA$0.00 | CA$93.95K | — |