Archon Minerals Ltd (ACS) — Tangible Net Worth Ratio

Latest as of August 2020: 100.0%

Archon Minerals Ltd (ACS) has a Tangible Net Worth Ratio of 100.0% as of August 2020. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$58.68K) 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 Archon Minerals Ltd (ACS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$58.68K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$65.36 Million
CAD

Archon Minerals Ltd Tangible Net Worth Ratio (2014–2020)

This chart shows how Archon Minerals Ltd's Tangible Net Worth Ratio has changed across 4 annual periods from 2014 to 2020. As of August 2020, the ratio stands at 100.0%, reflecting net assets of CA$58.68K with intangible assets of CA$0.00 CAD. See Archon Minerals Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Archon Minerals Ltd (2014–2020)

The table below presents the year-by-year Tangible Net Worth Ratio for Archon Minerals Ltd from 2014 to 2020, covering 4 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 how much is Archon Minerals Ltd worth.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2020 100.0% CA$215.45K CA$0.00 CA$65.35 Million ▲ +0.0 pp
2016 100.0% CA$31.39K CA$0.00 CA$63.68 Million ▲ +0.0 pp
2015 100.0% CA$15.06 Million CA$0.00 CA$59.63 Million ▲ +0.0 pp
2014 100.0% CA$13.63 Million CA$0.00 CA$41.33 Million
pp = percentage points