Glen Eagle Resources Inc (GER) — Tangible Net Worth Ratio

Latest as of March 2023: 100.0%

Glen Eagle Resources Inc (GER) has a Tangible Net Worth Ratio of 100.0% as of March 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$2.26 Million) 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 Glen Eagle Resources Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$2.26 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$6.26 Million
CAD

Glen Eagle Resources Inc Tangible Net Worth Ratio (2001–2022)

This chart shows how Glen Eagle Resources Inc's Tangible Net Worth Ratio has changed across 21 annual periods from 2001 to 2022. As of March 2023, the ratio stands at 100.0%, reflecting net assets of CA$2.26 Million with intangible assets of CA$0.00 CAD. See defensive interval ratio of Glen Eagle Resources Inc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Glen Eagle Resources Inc (2001–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Glen Eagle Resources Inc from 2001 to 2022, covering 21 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 Glen Eagle Resources Inc (GER) total market value.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2022 100.0% CA$905.45K CA$0.00 CA$4.73 Million ▲ +0.0 pp
2021 100.0% CA$1.06 Million CA$0.00 CA$3.43 Million ▲ +0.0 pp
2020 100.0% CA$1.09 Million CA$0.00 CA$3.33 Million ▲ +0.0 pp
2019 100.0% CA$1.72 Million CA$0.00 CA$3.59 Million ▲ +0.0 pp
2018 100.0% CA$4.14 Million CA$0.00 CA$5.34 Million ▲ +0.0 pp
2017 100.0% CA$4.43 Million CA$0.00 CA$5.20 Million ▲ +0.0 pp
2016 100.0% CA$5.38 Million CA$0.00 CA$5.94 Million ▲ +0.0 pp
2015 100.0% CA$4.19 Million CA$0.00 CA$6.10 Million ▲ +0.0 pp
2014 100.0% CA$5.17 Million CA$0.00 CA$5.62 Million ▲ +0.0 pp
2013 100.0% CA$4.74 Million CA$0.00 CA$4.94 Million ▲ +0.0 pp
2012 100.0% CA$4.62 Million CA$0.00 CA$4.81 Million ▲ +0.1 pp
2011 99.9% CA$3.98 Million CA$4.94K CA$4.68 Million ▲ +0.4 pp
2010 99.5% CA$929.62K CA$4.72K CA$1.02 Million ▼ -0.5 pp
2008 100.0% CA$93.26K CA$0.00 CA$142.94K ▲ +0.0 pp
2007 100.0% CA$552.64K CA$0.00 CA$590.15K ▲ +0.0 pp
2006 100.0% CA$426.94K CA$0.00 CA$453.32K ▲ +0.0 pp
2005 100.0% CA$286.80K CA$0.00 CA$362.33K ▲ +0.0 pp
2004 100.0% CA$312.27K CA$0.00 CA$541.26K ▲ +0.0 pp
2003 100.0% CA$1.20 Million CA$0.00 CA$1.89 Million ▲ +0.0 pp
2002 100.0% CA$1.51 Million CA$0.00 CA$2.32 Million ▲ +0.0 pp
2001 100.0% CA$1.29 Million CA$0.00 CA$1.71 Million
pp = percentage points