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. See Adex Mining Inc (ADE) shareholders funds for net asset value and shareholders' equity analysis.
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. Also explore how fast is Adex Mining Inc growing its equity to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see Adex Mining Inc market cap and net worth.
| 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 | — |