GGL Resources Corp (GGL) — Tangible Net Worth Ratio
GGL Resources Corp (GGL) has a Tangible Net Worth Ratio of 100.0% as of May 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$5.68 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 GGL Resources Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GGL Resources Corp Tangible Net Worth Ratio (2013–2024)
This chart shows how GGL Resources Corp's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of May 2025, the ratio stands at 100.0%, reflecting net assets of CA$5.68 Million with intangible assets of CA$0.00 CAD. Check GGL Resources Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for GGL Resources Corp (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for GGL Resources Corp 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 live market cap and overall valuation, see GGL stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$5.65 Million | CA$0.00 | CA$5.72 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$5.34 Million | CA$0.00 | CA$5.52 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$4.77 Million | CA$0.00 | CA$5.41 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.45 Million | CA$0.00 | CA$4.65 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$4.62 Million | CA$0.00 | CA$4.84 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$2.33 Million | CA$0.00 | CA$2.41 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$2.66 Million | CA$0.00 | CA$2.75 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$3.06 Million | CA$0.00 | CA$3.25 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$1.76 Million | CA$0.00 | CA$2.13 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$1.76 Million | CA$0.00 | CA$2.13 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.71 Million | CA$0.00 | CA$2.68 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$1.72 Million | CA$0.00 | CA$2.47 Million | — |