Aloro Mining Corp (AORO) — Tangible Net Worth Ratio

Latest as of September 2023: 100.0%

Aloro Mining Corp (AORO) has a Tangible Net Worth Ratio of 100.0% as of September 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$16.27K) 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 Aloro Mining Corp (AORO) equity growth momentum 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$16.27K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$1.58 Million
CAD

Aloro Mining Corp Tangible Net Worth Ratio (2016–2022)

This chart shows how Aloro Mining Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 100.0%, reflecting net assets of CA$16.27K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see AORO stock market capitalisation.

Annual Tangible Net Worth Ratio for Aloro Mining Corp (2016–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Aloro Mining Corp from 2016 to 2022, covering 7 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 reinvestment intensity of Aloro Mining 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)
2022 100.0% CA$194.44K CA$0.00 CA$1.57 Million ▲ +0.0 pp
2021 100.0% CA$553.49K CA$0.00 CA$1.63 Million ▲ +0.0 pp
2020 100.0% CA$717.05K CA$0.00 CA$1.78 Million ▲ +0.0 pp
2019 100.0% CA$870.98K CA$0.00 CA$1.68 Million ▲ +0.0 pp
2018 100.0% CA$886.57K CA$0.00 CA$1.42 Million ▲ +0.0 pp
2017 100.0% CA$314.16K CA$0.00 CA$616.27K ▲ +0.0 pp
2016 100.0% CA$46.79K CA$0.00 CA$247.75K
pp = percentage points