E2Gold Inc (ETU) — Tangible Net Worth Ratio
E2Gold Inc (ETU) has a Tangible Net Worth Ratio of 100.0% as of January 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$249.80K) 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 E2Gold Inc (ETU) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
E2Gold Inc Tangible Net Worth Ratio (2020–2022)
This chart shows how E2Gold Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of January 2023, the ratio stands at 100.0%, reflecting net assets of CA$249.80K with intangible assets of CA$0.00 CAD. Also explore ETU net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for E2Gold Inc (2020–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for E2Gold Inc from 2020 to 2022, covering 3 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 ETU stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | CA$1.97 Million | CA$0.00 | CA$2.73 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.97 Million | CA$0.00 | CA$6.26 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$80.89K | CA$0.00 | CA$184.94K | — |