Alpha Exploration Ltd (ALEX) — 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. Also explore Alpha Exploration Ltd (ALEX) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Alpha Exploration Ltd Tangible Net Worth Ratio (2020–2024)
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. For live market cap and overall valuation, see Alpha Exploration Ltd market capitalisation.
Annual Tangible Net Worth Ratio for Alpha Exploration Ltd (2020–2024)
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. Explore ALEX capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |