Margaret Lake Diamonds Inc (DIA) — Tangible Net Worth Ratio
Margaret Lake Diamonds Inc (DIA) has a Tangible Net Worth Ratio of 100.0% as of November 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$689.31K) 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 working capital to net assets of Margaret Lake Diamonds Inc to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Margaret Lake Diamonds Inc Tangible Net Worth Ratio (2012–2023)
This chart shows how Margaret Lake Diamonds Inc's Tangible Net Worth Ratio has changed across 10 annual periods from 2012 to 2023. As of November 2023, the ratio stands at 100.0%, reflecting net assets of CA$689.31K with intangible assets of CA$0.00 CAD. See Margaret Lake Diamonds Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Margaret Lake Diamonds Inc (2012–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Margaret Lake Diamonds Inc from 2012 to 2023, covering 10 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 Margaret Lake Diamonds Inc.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$865.31K | CA$0.00 | CA$1.42 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$40.29K | CA$0.00 | CA$1.24 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$825.02K | CA$0.00 | CA$903.71K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$4.24 Million | CA$0.00 | CA$4.55 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$3.29 Million | CA$0.00 | CA$3.60 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$2.49 Million | CA$0.00 | CA$2.66 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$2.48 Million | CA$0.00 | CA$2.86 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.67 Million | CA$0.00 | CA$1.97 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$106.85K | CA$0.00 | CA$118.46K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$253.79K | CA$0.00 | CA$264.11K | — |