Goldex Resources Corp (GDX) — Tangible Net Worth Ratio

Latest as of December 2021: 100.0%

Goldex Resources Corp (GDX) has a Tangible Net Worth Ratio of 100.0% as of December 2021. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$110.14K) 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 Goldex Resources Corp (GDX) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$110.14K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$1.43 Million
CAD

Goldex Resources Corp Tangible Net Worth Ratio (2013–2021)

This chart shows how Goldex Resources Corp's Tangible Net Worth Ratio has changed across 3 annual periods from 2013 to 2021. As of December 2021, the ratio stands at 100.0%, reflecting net assets of CA$110.14K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Goldex Resources Corp market cap and net worth.

Annual Tangible Net Worth Ratio for Goldex Resources Corp (2013–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Goldex Resources Corp from 2013 to 2021, 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. Explore how much does Goldex Resources Corp reinvest in capital 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)
2021 100.0% CA$110.14K CA$0.00 CA$1.43 Million ▲ +0.0 pp
2014 100.0% CA$1.05 Million CA$139.00 CA$2.84 Million ▲ +0.0 pp
2013 100.0% CA$1.71 Million CA$309.00 CA$3.18 Million
pp = percentage points