AXMIN Inc. Tangible Net Worth Ratio

Latest as of June 2021: 100.0%

AXMIN Inc. tangible net worth ratio. AXMIN Inc. (AXM) has a Tangible Net Worth Ratio of 100.0% as of June 2021. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$6.97K) 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 AXM strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$6.97K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$676.57K
CAD

Tangible Net Worth Ratio of AXMIN Inc. (2018–2020)

Tangible net worth ratio of AXMIN Inc. from 2018 to 2020. This chart shows how AXMIN Inc.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2018 to 2020. As of June 2021, the ratio stands at 100.0%, reflecting net assets of CA$6.97K with intangible assets of CA$0.00 CAD. See AXM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

AXMIN Inc. Tangible Net Worth Ratio by Year (2018–2020)

AXMIN Inc. tangible net worth ratio by year from 2018 to 2020. The table below presents the year-by-year Tangible Net Worth Ratio for AXMIN Inc. from 2018 to 2020, 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 value of AXMIN Inc..

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2020 100.0% CA$272.84K CA$0.00 CA$922.91K ▲ +0.0 pp
2019 100.0% CA$939.56K CA$0.00 CA$1.57 Million ▲ +0.0 pp
2018 100.0% CA$935.82K CA$0.00 CA$1.38 Million —
pp = percentage points