Fortune Minerals Limited Tangible Net Worth Ratio
Fortune Minerals Limited tangible net worth ratio. Fortune Minerals Limited (FT) has a Tangible Net Worth Ratio of 100.0% as of September 2023. This metric is calculated by deducting intangible assets (CA$4.48) from net assets (CA$37.13 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 Fortune Minerals Limited (FT) strategic investment index 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 Fortune Minerals Limited (1996–2022)
Tangible net worth ratio of Fortune Minerals Limited from 1996 to 2022. This chart shows how Fortune Minerals Limited's Tangible Net Worth Ratio has changed across 27 annual periods from 1996 to 2022. As of September 2023, the ratio stands at 100.0%, reflecting net assets of CA$37.13 Million with intangible assets of CA$4.48 CAD. See Fortune Minerals Limited (FT) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Fortune Minerals Limited Tangible Net Worth Ratio by Year (1996–2022)
Fortune Minerals Limited tangible net worth ratio by year from 1996 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for Fortune Minerals Limited from 1996 to 2022, covering 27 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 market cap of Fortune Minerals Limited.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | CA$37.87 Million | CA$6.07K | CA$46.45 Million | ▼ 0.0 pp |
| 2021 | 100.0% | CA$63.86 Million | CA$9.33K | CA$78.61 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$64.18 Million | CA$14.36K | CA$76.34 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$65.77 Million | CA$22.09K | CA$76.81 Million | ▲ +0.0 pp |
| 2018 | 99.9% | CA$67.23 Million | CA$33.99K | CA$78.33 Million | ▲ +0.5 pp |
| 2017 | 99.5% | CA$57.75 Million | CA$316.65K | CA$79.60 Million | ▼ -0.5 pp |
| 2016 | 99.9% | CA$57.70 Million | CA$53.28K | CA$69.13 Million | ▲ +0.0 pp |
| 2015 | 99.9% | CA$63.02 Million | CA$82.41K | CA$67.96 Million | ▼ 0.0 pp |
| 2014 | 99.9% | CA$104.33 Million | CA$126.78K | CA$181.91 Million | ▼ -0.1 pp |
| 2013 | 100.0% | CA$93.96 Million | CA$136.22 | CA$114.49 Million | ▲ +0.1 pp |
| 2012 | 99.9% | CA$126.17 Million | CA$177.78K | CA$149.57 Million | ▼ -0.1 pp |
| 2011 | 100.0% | CA$131.02 Million | CA$0.00 | CA$156.05 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$116.54 Million | CA$0.00 | CA$127.92 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$109.28 Million | CA$0.00 | CA$123.73 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$88.13 Million | CA$0.00 | CA$99.29 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$82.13 Million | CA$0.00 | CA$90.35 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$51.89 Million | CA$0.00 | CA$60.24 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$42.26 Million | CA$0.00 | CA$47.85 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$35.69 Million | CA$0.00 | CA$40.45 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$14.83 Million | CA$0.00 | CA$17.66 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$10.15 Million | CA$0.00 | CA$12.65 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$9.17 Million | CA$0.00 | CA$11.66 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$9.33 Million | CA$0.00 | CA$11.98 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$11.90 Million | CA$0.00 | CA$12.30 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$11.30 Million | CA$0.00 | CA$11.40 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$8.20 Million | CA$0.00 | CA$8.40 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$5.40 Million | CA$0.00 | CA$5.50 Million | — |