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. Also explore Mandalay Resources Corp (MND) net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see MND stock market capitalisation.
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. Explore Mandalay Resources Corp capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |