Black Iron Inc. (BKI) — Tangible Net Worth Ratio
Black Iron Inc. (BKI) 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$192.03K) 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 Black Iron Inc. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Black Iron Inc. Tangible Net Worth Ratio (2011–2022)
This chart shows how Black Iron Inc.'s Tangible Net Worth Ratio has changed across 10 annual periods from 2011 to 2022. As of September 2023, the ratio stands at 100.0%, reflecting net assets of CA$192.03K with intangible assets of CA$0.00 CAD. See operational self-sufficiency of Black Iron Inc. to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Black Iron Inc. (2011–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Black Iron Inc. from 2011 to 2022, covering 10 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 BKI company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | CA$1.31 Million | CA$0.00 | CA$2.33 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.66 Million | CA$0.00 | CA$6.39 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$306.85K | CA$0.00 | CA$676.25K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$3.81 Million | CA$0.00 | CA$4.20 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$5.16 Million | CA$0.00 | CA$5.56 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$13.41 Million | CA$0.00 | CA$14.13 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$38.88 Million | CA$0.00 | CA$39.72 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$22.78 Million | CA$0.00 | CA$24.04 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$58.24 Million | CA$0.00 | CA$58.69 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$61.40 Million | CA$0.00 | CA$62.74 Million | — |