Fredonia Mining Inc Tangible Net Worth Ratio
Fredonia Mining Inc tangible net worth ratio. Fredonia Mining Inc (FRED) 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$57.16K) 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 net asset growth rate of Fredonia Mining Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Fredonia Mining Inc (2020–2024)
Tangible net worth ratio of Fredonia Mining Inc from 2020 to 2024. This chart shows how Fredonia Mining Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of CA$57.16K with intangible assets of CA$0.00 CAD. Check Fredonia Mining Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Fredonia Mining Inc Tangible Net Worth Ratio by Year (2020–2024)
Fredonia Mining Inc tangible net worth ratio by year from 2020 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Fredonia Mining Inc from 2020 to 2024, covering 4 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 Fredonia Mining Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$97.19K | CA$0.00 | CA$1.20 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$8.19 Million | CA$0.00 | CA$8.64 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.03 Million | CA$0.00 | CA$5.31 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$508.60K | CA$0.00 | CA$1.42 Million | — |