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. See Fjordland Exploration Inc (FEX) shareholders funds for net asset value and shareholders' equity analysis.
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. Also explore net asset momentum of Fjordland Exploration Inc to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see Fjordland Exploration Inc stock valuation.
| 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 | — |