Alpha Exploration Ltd Tangible Net Worth Ratio
Alpha Exploration Ltd tangible net worth ratio. Alpha Exploration Ltd (ALEX) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$17.97 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. Check ALEX strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Alpha Exploration Ltd (2020–2024)
Tangible net worth ratio of Alpha Exploration Ltd from 2020 to 2024. This chart shows how Alpha Exploration Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$17.97 Million with intangible assets of CA$0.00 CAD. See Alpha Exploration Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Alpha Exploration Ltd Tangible Net Worth Ratio by Year (2020–2024)
Alpha Exploration Ltd tangible net worth ratio by year from 2020 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Alpha Exploration Ltd from 2020 to 2024, covering 5 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 live market cap and overall valuation, see Alpha Exploration Ltd (ALEX) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$15.98 Million | CA$0.00 | CA$16.70 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$14.77 Million | CA$0.00 | CA$15.91 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$9.21 Million | CA$0.00 | CA$9.99 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$7.30 Million | CA$0.00 | CA$8.56 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$4.99 Million | CA$0.00 | CA$6.36 Million | — |