Generation Mining Ltd (GENM) — Tangible Net Worth Ratio
Generation Mining Ltd (GENM) has a Tangible Net Worth Ratio of 100.0% as of March 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$3.62 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 GENM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Generation Mining Ltd Tangible Net Worth Ratio (2016–2021)
This chart shows how Generation Mining Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2016 to 2021. As of March 2022, the ratio stands at 100.0%, reflecting net assets of CA$3.62 Million with intangible assets of CA$0.00 CAD. See Generation Mining Ltd (GENM) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Generation Mining Ltd (2016–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Generation Mining Ltd from 2016 to 2021, covering 6 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 how much is Generation Mining Ltd worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 100.0% | CA$5.67 Million | CA$0.00 | CA$8.17 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$13.70 Million | CA$0.00 | CA$15.66 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$2.21 Million | CA$0.00 | CA$2.93 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$2.90 Million | CA$0.00 | CA$3.25 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$1.00 | CA$0.00 | CA$1.00 | ▲ +0.0 pp |
| 2016 | 100.0% | CA$3.38 Million | CA$0.00 | CA$4.00 Million | — |