New Energy Metals Corp (ENRG) — Tangible Net Worth Ratio
New Energy Metals Corp (ENRG) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$32.10K) 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. Also explore ENRG net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
New Energy Metals Corp Tangible Net Worth Ratio (2017–2024)
This chart shows how New Energy Metals Corp's Tangible Net Worth Ratio has changed across 5 annual periods from 2017 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of CA$32.10K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see ENRG stock market capitalisation.
Annual Tangible Net Worth Ratio for New Energy Metals Corp (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for New Energy Metals Corp from 2017 to 2024, covering 5 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. Explore ENRG capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$83.47K | CA$0.00 | CA$297.95K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$1.20 Million | CA$0.00 | CA$1.37 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$1.47 Million | CA$0.00 | CA$1.62 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$3.82 Million | CA$0.00 | CA$3.94 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$481.90K | CA$0.00 | CA$506.90K | — |