Altair Resources Inc Tangible Net Worth Ratio
Altair Resources Inc tangible net worth ratio. Altair Resources Inc (AVX) has a Tangible Net Worth Ratio of 100.0% as of December 2018. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$151.22K) 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. Check AVX PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Altair Resources Inc (2014–2018)
Tangible net worth ratio of Altair Resources Inc from 2014 to 2018. This chart shows how Altair Resources Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2014 to 2018. As of December 2018, the ratio stands at 100.0%, reflecting net assets of CA$151.22K with intangible assets of CA$0.00 CAD. See Altair Resources Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Altair Resources Inc Tangible Net Worth Ratio by Year (2014–2018)
Altair Resources Inc tangible net worth ratio by year from 2014 to 2018. The table below presents the year-by-year Tangible Net Worth Ratio for Altair Resources Inc from 2014 to 2018, 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 live market cap and overall valuation, see market cap of Altair Resources Inc.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 100.0% | CA$1.04 Million | CA$0.00 | CA$1.43 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$2.08 Million | CA$0.00 | CA$2.63 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.90 Million | CA$0.00 | CA$2.05 Million | — |