Altima Resources Ltd (ARH) — Tangible Net Worth Ratio
Altima Resources Ltd (ARH) has a Tangible Net Worth Ratio of 100.0% as of November 2015. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$7.61 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. See ARH net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Altima Resources Ltd Tangible Net Worth Ratio (2013–2015)
This chart shows how Altima Resources Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2013 to 2015. As of November 2015, the ratio stands at 100.0%, reflecting net assets of CA$7.61 Million with intangible assets of CA$0.00 CAD. Also explore ARH shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Altima Resources Ltd (2013–2015)
The table below presents the year-by-year Tangible Net Worth Ratio for Altima Resources Ltd from 2013 to 2015, covering 3 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 Altima Resources Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2015 | 100.0% | CA$7.61 Million | CA$0.00 | CA$17.82 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$18.57 Million | CA$0.00 | CA$29.77 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$19.56 Million | CA$0.00 | CA$27.30 Million | — |