Fjordland Exploration Inc (FEX) — Tangible Net Worth Ratio
Fjordland Exploration Inc (FEX) 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$52.98K) 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 FEX shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Fjordland Exploration Inc Tangible Net Worth Ratio (2013–2024)
This chart shows how Fjordland Exploration Inc's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of CA$52.98K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see FEX stock market capitalisation.
Annual Tangible Net Worth Ratio for Fjordland Exploration Inc (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Fjordland Exploration Inc from 2013 to 2024, covering 12 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 Fjordland Exploration Inc capex to cash flow ratio 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$140.03K | CA$0.00 | CA$314.50K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$453.73K | CA$0.00 | CA$544.97K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$4.71 Million | CA$0.00 | CA$5.02 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.23 Million | CA$0.00 | CA$4.51 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$2.27 Million | CA$0.00 | CA$2.36 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$2.35 Million | CA$0.00 | CA$2.39 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$2.53 Million | CA$0.00 | CA$2.57 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$2.91 Million | CA$0.00 | CA$3.13 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$386.66K | CA$0.00 | CA$610.38K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$156.72K | CA$0.00 | CA$384.94K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$384.85K | CA$0.00 | CA$591.46K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$142.37K | CA$0.00 | CA$285.48K | — |