McEwen Mining Inc. (MUX) — Tangible Net Worth Ratio
McEwen Mining Inc. (MUX) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$650.28 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 MUX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
McEwen Mining Inc. Tangible Net Worth Ratio (1985–2025)
This chart shows how McEwen Mining Inc.'s Tangible Net Worth Ratio has changed across 39 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CA$650.28 Million with intangible assets of CA$0.00 CAD. See MUX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for McEwen Mining Inc. (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for McEwen Mining Inc. from 1985 to 2025, covering 39 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 McEwen Mining Inc. market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$546.24 Million | CA$0.00 | CA$820.22 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$494.98 Million | CA$0.00 | CA$664.62 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$502.42 Million | CA$0.00 | CA$657.24 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$356.27 Million | CA$0.00 | CA$528.72 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$389.94 Million | CA$0.00 | CA$525.34 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$365.33 Million | CA$0.00 | CA$499.94 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$499.48 Million | CA$0.00 | CA$631.22 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$485.95 Million | CA$0.00 | CA$616.94 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$521.27 Million | CA$0.00 | CA$592.13 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$443.04 Million | CA$0.00 | CA$498.32 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$418.29 Million | CA$0.00 | CA$475.08 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$441.21 Million | CA$0.00 | CA$522.96 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$746.77 Million | CA$0.00 | CA$923.07 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$889.59 Million | CA$0.00 | CA$1.15 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CA$219.30 Million | CA$0.00 | CA$310.36 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$173.28 Million | CA$0.00 | CA$261.62 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$203.23 Million | CA$0.00 | CA$291.98 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$183.19 Million | CA$0.00 | CA$277.68 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$313.92 Million | CA$0.00 | CA$408.67 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$52.48 Million | CA$0.00 | CA$59.40 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$2.53 Million | CA$0.00 | CA$5.54 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$829.96K | CA$0.00 | CA$1.43 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$944.77K | CA$0.00 | CA$1.84 Million | ▲ +9.2 pp |
| 2002 | 90.8% | CA$668.68K | CA$61.56K | CA$3.47 Million | ▼ -9.2 pp |
| 2001 | 100.0% | CA$1.23 Million | CA$0.00 | CA$3.50 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$1.36 Million | CA$0.00 | CA$2.99 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$1.47 Million | CA$0.00 | CA$3.41 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$1.53 Million | CA$0.00 | CA$4.11 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$3.43 Million | CA$0.00 | CA$6.24 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$5.48 Million | CA$0.00 | CA$8.03 Million | ▲ +0.0 pp |
| 1995 | 100.0% | CA$4.99 Million | CA$0.00 | CA$8.63 Million | ▲ +0.0 pp |
| 1994 | 100.0% | CA$4.40 Million | CA$0.00 | CA$9.60 Million | ▲ +0.0 pp |
| 1993 | 100.0% | CA$4.20 Million | CA$0.00 | CA$9.40 Million | ▲ +0.0 pp |
| 1992 | 100.0% | CA$3.90 Million | CA$0.00 | CA$5.60 Million | ▲ +0.0 pp |
| 1989 | 100.0% | CA$18.20 Million | CA$0.00 | CA$73.20 Million | ▲ +0.0 pp |
| 1988 | 100.0% | CA$25.80 Million | CA$0.00 | CA$68.20 Million | ▲ +0.0 pp |
| 1987 | 100.0% | CA$21.10 Million | CA$0.00 | CA$28.50 Million | ▲ +0.0 pp |
| 1986 | 100.0% | CA$18.50 Million | CA$0.00 | CA$24.40 Million | ▲ +0.0 pp |
| 1985 | 100.0% | CA$8.60 Million | CA$0.00 | CA$8.90 Million | — |