Asiabasemetals Inc (ABZ) — Tangible Net Worth Ratio
Asiabasemetals Inc (ABZ) has a Tangible Net Worth Ratio of 100.0% as of June 2020. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$106.36K) 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 working capital position of Asiabasemetals Inc to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Asiabasemetals Inc Tangible Net Worth Ratio (2010–2018)
This chart shows how Asiabasemetals Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2010 to 2018. As of June 2020, the ratio stands at 100.0%, reflecting net assets of CA$106.36K with intangible assets of CA$0.00 CAD. See Asiabasemetals Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Asiabasemetals Inc (2010–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Asiabasemetals Inc from 2010 to 2018, covering 7 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 Asiabasemetals Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 100.0% | CA$262.22K | CA$0.00 | CA$293.26K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$422.24K | CA$0.00 | CA$446.34K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$134.23K | CA$0.00 | CA$166.47K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$175.08K | CA$0.00 | CA$195.39K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$387.59K | CA$0.00 | CA$428.47K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$717.72K | CA$0.00 | CA$756.21K | ▲ +0.0 pp |
| 2010 | 100.0% | CA$557.59K | CA$0.00 | CA$631.09K | — |