Altair Resources Inc (AVX) — 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. See AVX net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Altair Resources Inc Tangible Net Worth Ratio (2014–2018)
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. Also explore AVX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Altair Resources Inc (2014–2018)
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 the full company profile including market capitalisation, see Altair Resources Inc (AVX) market capitalisation.
| 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 | — |