Abacus Mining and Exploration Corp (AME) — Tangible Net Worth Ratio

Latest as of September 2017: 100.0%

Abacus Mining and Exploration Corp (AME) 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$9.86 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 Abacus Mining and Exploration Corp annual equity growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$9.86 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$23.67 Million
CAD

Abacus Mining and Exploration Corp Tangible Net Worth Ratio (1996–2016)

This chart shows how Abacus Mining and Exploration Corp's Tangible Net Worth Ratio has changed across 19 annual periods from 1996 to 2016. As of September 2017, the ratio stands at 100.0%, reflecting net assets of CA$9.86 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see AME company net worth.

Annual Tangible Net Worth Ratio for Abacus Mining and Exploration Corp (1996–2016)

The table below presents the year-by-year Tangible Net Worth Ratio for Abacus Mining and Exploration Corp from 1996 to 2016, covering 19 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 capital reinvestment ratio of Abacus Mining and Exploration Corp 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)
2016 100.0% CA$10.78 Million CA$0.00 CA$23.11 Million ▲ +0.0 pp
2015 100.0% CA$40.76 Million CA$0.00 CA$48.75 Million ▲ +0.0 pp
2014 100.0% CA$44.33 Million CA$0.00 CA$44.49 Million ▲ +0.0 pp
2013 100.0% CA$45.17 Million CA$0.00 CA$45.21 Million ▲ +0.0 pp
2012 100.0% CA$45.91 Million CA$0.00 CA$46.06 Million ▲ +0.0 pp
2011 100.0% CA$31.17 Million CA$0.00 CA$37.18 Million ▲ +0.0 pp
2010 100.0% CA$27.77 Million CA$0.00 CA$42.71 Million ▲ +0.0 pp
2009 100.0% CA$48.93 Million CA$0.00 CA$53.87 Million ▲ +0.0 pp
2008 100.0% CA$51.03 Million CA$0.00 CA$53.57 Million ▲ +0.0 pp
2007 100.0% CA$49.54 Million CA$0.00 CA$51.91 Million ▲ +0.0 pp
2006 100.0% CA$33.24 Million CA$0.00 CA$33.61 Million ▲ +0.0 pp
2005 100.0% CA$14.56 Million CA$0.00 CA$15.22 Million ▲ +0.0 pp
2004 100.0% CA$5.36 Million CA$0.00 CA$5.47 Million ▲ +0.0 pp
2003 100.0% CA$2.26 Million CA$0.00 CA$2.32 Million ▲ +0.0 pp
2002 100.0% CA$435.81K CA$0.00 CA$597.18K ▲ +0.0 pp
2000 100.0% CA$10.94 Million CA$0.00 CA$11.19 Million ▲ +0.0 pp
1999 100.0% CA$12.80 Million CA$0.00 CA$13.20 Million ▲ +0.0 pp
1998 100.0% CA$12.30 Million CA$0.00 CA$12.70 Million ▲ +0.0 pp
1996 100.0% CA$9.30 Million CA$0.00 CA$9.40 Million
pp = percentage points