E2Gold Inc Tangible Net Worth Ratio

Latest as of January 2023: 100.0%

E2Gold Inc 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. Check ETU strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$249.80K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$756.69K
CAD

Tangible Net Worth Ratio of E2Gold Inc (2020–2022)

Tangible net worth ratio of E2Gold Inc from 2020 to 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. See working capital position of E2Gold Inc to evaluate short-term liquidity relative to the company's equity base.

E2Gold Inc Tangible Net Worth Ratio by Year (2020–2022)

E2Gold Inc tangible net worth ratio by year from 2020 to 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 live market cap and overall valuation, 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 —
pp = percentage points