1844 Resources Inc (EFF) — Tangible Net Worth Ratio
1844 Resources Inc (EFF) has a Tangible Net Worth Ratio of 100.0% as of January 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$524.28K) 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 1844 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
1844 Resources Inc Tangible Net Worth Ratio (2021–2024)
This chart shows how 1844 Resources Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of January 2025, the ratio stands at 100.0%, reflecting net assets of CA$524.28K with intangible assets of CA$0.00 CAD. See EFF days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for 1844 Resources Inc (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for 1844 Resources Inc from 2021 to 2024, covering 4 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 how much is 1844 Resources Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$473.65K | CA$0.00 | CA$1.36 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$915.70K | CA$0.00 | CA$1.37 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$1.07 Million | CA$0.00 | CA$1.41 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$902.39K | CA$0.00 | CA$1.17 Million | — |