Largo Resources Ltd (LGO) — Tangible Net Worth Ratio
Largo Resources Ltd (LGO) has a Tangible Net Worth Ratio of 99.0% as of December 2025. This metric is calculated by deducting intangible assets (CA$1.41 Million) from net assets (CA$136.54 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 shareholders equity of Largo Resources Ltd for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Largo Resources Ltd Tangible Net Worth Ratio (2002–2025)
This chart shows how Largo Resources Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 99.0%, reflecting net assets of CA$136.54 Million with intangible assets of CA$1.41 Million CAD. Also explore Largo Resources Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Largo Resources Ltd (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Largo Resources Ltd from 2002 to 2025, covering 24 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 LGO market cap overview.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.0% | CA$136.54 Million | CA$1.41 Million | CA$318.75 Million | ▲ +0.3 pp |
| 2024 | 98.7% | CA$171.23 Million | CA$2.25 Million | CA$318.67 Million | ▲ +1.1 pp |
| 2023 | 97.6% | CA$255.80 Million | CA$6.15 Million | CA$381.62 Million | ▲ +0.2 pp |
| 2022 | 97.4% | CA$274.55 Million | CA$7.26 Million | CA$355.75 Million | ▼ -1.2 pp |
| 2021 | 98.5% | CA$265.70 Million | CA$3.93 Million | CA$313.91 Million | ▲ +0.3 pp |
| 2020 | 98.2% | CA$247.16 Million | CA$4.37 Million | CA$297.81 Million | ▼ -1.8 pp |
| 2019 | 100.0% | CA$271.43 Million | CA$0.00 | CA$356.83 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$288.34 Million | CA$0.00 | CA$405.88 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$59.13 Million | CA$0.00 | CA$295.28 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$19.96 Million | CA$0.00 | CA$262.85 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$23.74 Million | CA$0.00 | CA$227.54 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$142.77 Million | CA$0.00 | CA$359.93 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$175.68 Million | CA$0.00 | CA$346.29 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$181.15 Million | CA$0.00 | CA$243.17 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$95.27 Million | CA$0.00 | CA$177.17 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$46.32 Million | CA$0.00 | CA$65.11 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$32.80 Million | CA$0.00 | CA$44.78 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$25.11 Million | CA$0.00 | CA$36.31 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$13.51 Million | CA$0.00 | CA$21.73 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$6.10 Million | CA$0.00 | CA$6.43 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$3.84 Million | CA$0.00 | CA$4.32 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$2.69 Million | CA$0.00 | CA$2.99 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$305.52K | CA$0.00 | CA$316.87K | ▲ +0.0 pp |
| 2002 | 100.0% | CA$45.42K | CA$0.00 | CA$88.78K | — |