Entree Resources Ltd (ETG) — Tangible Net Worth Ratio
Entree Resources Ltd (ETG) has a Tangible Net Worth Ratio of 100.0% as of March 2017. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$23.55 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 working capital position of Entree Resources Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Entree Resources Ltd Tangible Net Worth Ratio (1996–2016)
This chart shows how Entree Resources Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 1996 to 2016. As of March 2017, the ratio stands at 100.0%, reflecting net assets of CA$23.55 Million with intangible assets of CA$0.00 CAD. See defensive interval ratio of Entree Resources Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Entree Resources Ltd (1996–2016)
The table below presents the year-by-year Tangible Net Worth Ratio for Entree Resources Ltd from 1996 to 2016, covering 19 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 Entree Resources Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2016 | 100.0% | CA$19.49 Million | CA$0.00 | CA$53.28 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$21.00 Million | CA$0.00 | CA$61.66 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$33.52 Million | CA$0.00 | CA$79.69 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$45.18 Million | CA$0.00 | CA$97.40 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$48.33 Million | CA$0.00 | CA$64.17 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$59.07 Million | CA$0.00 | CA$74.59 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$63.72 Million | CA$0.00 | CA$81.36 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$43.97 Million | CA$0.00 | CA$45.80 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$46.84 Million | CA$0.00 | CA$48.11 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$71.47 Million | CA$0.00 | CA$72.07 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$15.15 Million | CA$0.00 | CA$15.51 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$22.41 Million | CA$0.00 | CA$22.91 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$6.16 Million | CA$0.00 | CA$6.36 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$16.43 Million | CA$0.00 | CA$16.56 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$135.75K | CA$0.00 | CA$138.65K | ▲ +0.0 pp |
| 1999 | 100.0% | CA$378.82K | CA$0.00 | CA$381.02K | ▲ +0.0 pp |
| 1998 | 100.0% | CA$312.96K | CA$0.00 | CA$322.19K | ▲ +0.0 pp |
| 1997 | 100.0% | CA$350.78K | CA$0.00 | CA$355.73K | ▲ +0.0 pp |
| 1996 | 100.0% | CA$387.33K | CA$0.00 | CA$449.73K | — |