Adex Mining Inc (ADE) — Tangible Net Worth Ratio
Adex Mining Inc (ADE) has a Tangible Net Worth Ratio of 100.0% as of September 2017. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$109.74K) 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 ADE year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Adex Mining Inc Tangible Net Worth Ratio (2013–2016)
This chart shows how Adex Mining Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2013 to 2016. As of September 2017, the ratio stands at 100.0%, reflecting net assets of CA$109.74K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see ADE company net worth.
Annual Tangible Net Worth Ratio for Adex Mining Inc (2013–2016)
The table below presents the year-by-year Tangible Net Worth Ratio for Adex Mining Inc from 2013 to 2016, 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. See Adex Mining Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2016 | 100.0% | CA$841.09K | CA$0.00 | CA$2.03 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$15.29 Million | CA$0.00 | CA$15.70 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$11.96 Million | CA$0.00 | CA$15.05 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$13.66 Million | CA$0.00 | CA$14.57 Million | — |