Mandalay Resources Corp (MND) — Tangible Net Worth Ratio
Mandalay Resources Corp (MND) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$256.73 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 Mandalay Resources Corp shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Mandalay Resources Corp Tangible Net Worth Ratio (1999–2024)
This chart shows how Mandalay Resources Corp's Tangible Net Worth Ratio has changed across 26 annual periods from 1999 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of CA$256.73 Million with intangible assets of CA$0.00 CAD. Also explore how fast is Mandalay Resources Corp growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Mandalay Resources Corp (1999–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Mandalay Resources Corp from 1999 to 2024, covering 26 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 MND market cap overview.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$229.27 Million | CA$0.00 | CA$329.58 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$196.93 Million | CA$0.00 | CA$295.25 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$184.15 Million | CA$0.00 | CA$282.22 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$176.69 Million | CA$0.00 | CA$317.84 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$135.78 Million | CA$0.00 | CA$301.28 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$111.75 Million | CA$0.00 | CA$258.59 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$96.14 Million | CA$0.00 | CA$237.70 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$165.54 Million | CA$29.00K | CA$305.06 Million | ▲ +0.1 pp |
| 2016 | 99.8% | CA$203.04 Million | CA$305.00K | CA$350.23 Million | ▲ +0.2 pp |
| 2015 | 99.6% | CA$207.69 Million | CA$799.00K | CA$346.57 Million | ▼ -0.3 pp |
| 2014 | 99.9% | CA$218.78 Million | CA$249.00K | CA$365.10 Million | ▲ +0.4 pp |
| 2013 | 99.5% | CA$153.58 Million | CA$748.00K | CA$199.16 Million | ▲ +0.4 pp |
| 2012 | 99.1% | CA$143.08 Million | CA$1.25 Million | CA$185.29 Million | ▼ -0.9 pp |
| 2011 | 100.0% | CA$98.97 Million | CA$0.00 | CA$138.89 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$62.29 Million | CA$0.00 | CA$96.16 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$33.36 Million | CA$0.00 | CA$40.73 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$4.90 Million | CA$0.00 | CA$5.74 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$6.28 Million | CA$0.00 | CA$6.59 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$4.34 Million | CA$0.00 | CA$4.48 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$1.85 Million | CA$0.00 | CA$1.93 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$702.69K | CA$0.00 | CA$949.02K | ▲ +0.0 pp |
| 2003 | 100.0% | CA$1.04 Million | CA$0.00 | CA$1.11 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$326.16K | CA$0.00 | CA$396.79K | ▲ +0.0 pp |
| 2001 | 100.0% | CA$306.44K | CA$0.00 | CA$336.37K | ▲ +0.0 pp |
| 2000 | 100.0% | CA$76.17K | CA$0.00 | CA$146.90K | ▲ +0.0 pp |
| 1999 | 100.0% | CA$84.56K | CA$0.00 | CA$98.64K | — |