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. See GGL Resources Corp book value and equity for net asset value and shareholders' equity analysis.
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. Also explore GGL Resources Corp annual equity growth to track the company's year-over-year net asset growth rate.
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 the full company profile including market capitalisation, see GGL Resources Corp (GGL) 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 | — |