Aurania Resources Ltd (ARU) — Tangible Net Worth Ratio

Latest as of December 2020: 100.0%

Aurania Resources Ltd (ARU) has a Tangible Net Worth Ratio of 100.0% as of December 2020. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$3.46 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 ARU working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$3.46 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$9.11 Million
CAD

Aurania Resources Ltd Tangible Net Worth Ratio (2012–2020)

This chart shows how Aurania Resources Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2012 to 2020. As of December 2020, the ratio stands at 100.0%, reflecting net assets of CA$3.46 Million with intangible assets of CA$0.00 CAD. See Aurania Resources Ltd (ARU) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Aurania Resources Ltd (2012–2020)

The table below presents the year-by-year Tangible Net Worth Ratio for Aurania Resources Ltd from 2012 to 2020, 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. For the full company profile including market capitalisation, see market cap of Aurania Resources Ltd.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2020 100.0% CA$3.46 Million CA$0.00 CA$9.11 Million ▲ +0.0 pp
2019 100.0% CA$1.40 Million CA$0.00 CA$6.32 Million ▲ +0.0 pp
2014 100.0% CA$179.83K CA$0.00 CA$214.20K ▲ +0.0 pp
2013 100.0% CA$663.64K CA$0.00 CA$897.75K ▲ +0.0 pp
2012 100.0% CA$142.29K CA$0.00 CA$350.82K
pp = percentage points