GFG Resources Inc (GFG) — Tangible Net Worth Ratio
GFG Resources Inc (GFG) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$44.92 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. Also explore net asset growth rate of GFG Resources Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GFG Resources Inc Tangible Net Worth Ratio (2013–2024)
This chart shows how GFG Resources Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2024. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CA$44.92 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see GFG Resources Inc market cap and net worth.
Annual Tangible Net Worth Ratio for GFG Resources Inc (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for GFG Resources Inc from 2013 to 2024, covering 11 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 GFG Resources Inc capital reinvestment 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$33.71 Million | CA$0.00 | CA$35.16 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$32.14 Million | CA$0.00 | CA$33.43 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$38.15 Million | CA$0.00 | CA$39.03 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$34.71 Million | CA$0.00 | CA$35.74 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$34.84 Million | CA$0.00 | CA$37.27 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$28.58 Million | CA$0.00 | CA$29.51 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$27.56 Million | CA$0.00 | CA$28.85 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$12.79 Million | CA$0.00 | CA$12.95 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$4.03 Million | CA$0.00 | CA$5.41 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$326.68K | CA$0.00 | CA$362.10K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$204.26K | CA$0.00 | CA$224.39K | — |