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. Also explore E2Gold Inc equity growth rate to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see E2Gold Inc market cap and net worth.
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. See ETU free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| 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 | — |