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. Also explore Altima Resources Ltd annual equity growth to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see ARH company net worth.
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. Explore Altima Resources Ltd capex to cash flow ratio 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) |
|---|---|---|---|---|---|
| 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 | — |