MacDonald Mines Exploration Ltd (BMK) — Tangible Net Worth Ratio
MacDonald Mines Exploration Ltd (BMK) has a Tangible Net Worth Ratio of 100.0% as of March 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$614.12K) 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 MacDonald Mines Exploration Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MacDonald Mines Exploration Ltd Tangible Net Worth Ratio (2002–2021)
This chart shows how MacDonald Mines Exploration Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2002 to 2021. As of March 2022, the ratio stands at 100.0%, reflecting net assets of CA$614.12K with intangible assets of CA$0.00 CAD. See BMK cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for MacDonald Mines Exploration Ltd (2002–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for MacDonald Mines Exploration Ltd from 2002 to 2021, covering 13 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 value of MacDonald Mines Exploration Ltd.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 100.0% | CA$1.11 Million | CA$0.00 | CA$1.73 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$2.23 Million | CA$0.00 | CA$2.94 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$27.69 Million | CA$0.00 | CA$28.71 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$21.65 Million | CA$0.00 | CA$22.42 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$22.82 Million | CA$0.00 | CA$23.30 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$18.21 Million | CA$0.00 | CA$18.39 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$16.03 Million | CA$0.00 | CA$16.91 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$20.55 Million | CA$0.00 | CA$21.34 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$5.85 Million | CA$0.00 | CA$6.04 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$3.90 Million | CA$0.00 | CA$4.37 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$3.05 Million | CA$0.00 | CA$3.55 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$2.04 Million | CA$0.00 | CA$2.35 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$15.39K | CA$0.00 | CA$709.25K | — |