Canasil Resources Inc. (CLZ-H) — Tangible Net Worth Ratio
Canasil Resources Inc. (CLZ-H) has a Tangible Net Worth Ratio of 100.0% as of December 2021. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$512.44K) 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 how liquid is Canasil Resources Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Canasil Resources Inc. Tangible Net Worth Ratio (2021–2021)
This chart shows how Canasil Resources Inc.'s Tangible Net Worth Ratio has changed across 1 annual periods from 2021 to 2021. As of December 2021, the ratio stands at 100.0%, reflecting net assets of CA$512.44K with intangible assets of CA$0.00 CAD. See how many days can Canasil Resources Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Canasil Resources Inc. (2021–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Canasil Resources Inc. from 2021 to 2021, covering 1 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 cap of Canasil Resources Inc..
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 100.0% | CA$512.44K | CA$0.00 | CA$604.18K | — |