Argentum Silver Corp (ASL) — Tangible Net Worth Ratio
Argentum Silver Corp (ASL) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$48.05K) 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 how fast is Argentum Silver Corp growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Argentum Silver Corp Tangible Net Worth Ratio (2017–2024)
This chart shows how Argentum Silver Corp's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of June 2024, the ratio stands at 100.0%, reflecting net assets of CA$48.05K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see market value of Argentum Silver Corp.
Annual Tangible Net Worth Ratio for Argentum Silver Corp (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Argentum Silver Corp from 2017 to 2024, covering 8 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. See ASL free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$48.05K | CA$0.00 | CA$255.89K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$436.94K | CA$0.00 | CA$595.44K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$902.87K | CA$0.00 | CA$1.03 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$909.52K | CA$0.00 | CA$1.11 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$886.32K | CA$0.00 | CA$1.10 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$74.65K | CA$0.00 | CA$163.24K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$318.67K | CA$0.00 | CA$501.60K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$211.87K | CA$0.00 | CA$759.79K | — |