Granada Gold Mine Inc (GGM) — Tangible Net Worth Ratio
Granada Gold Mine Inc (GGM) has a Tangible Net Worth Ratio of 100.0% as of September 2013. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$685.40K) 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 Granada Gold Mine Inc (GGM) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Granada Gold Mine Inc Tangible Net Worth Ratio (1999–2013)
This chart shows how Granada Gold Mine Inc's Tangible Net Worth Ratio has changed across 12 annual periods from 1999 to 2013. As of September 2013, the ratio stands at 100.0%, reflecting net assets of CA$685.40K with intangible assets of CA$0.00 CAD. See Granada Gold Mine Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Granada Gold Mine Inc (1999–2013)
The table below presents the year-by-year Tangible Net Worth Ratio for Granada Gold Mine Inc from 1999 to 2013, 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 GGM company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2013 | 100.0% | CA$1.34 Million | CA$0.00 | CA$2.71 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$2.02 Million | CA$0.00 | CA$7.14 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$6.37 Million | CA$0.00 | CA$9.68 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$4.89 Million | CA$0.00 | CA$5.69 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$2.27 Million | CA$0.00 | CA$2.82 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$2.15 Million | CA$0.00 | CA$2.79 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$3.31 Million | CA$0.00 | CA$3.88 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$827.75K | CA$0.00 | CA$1.49 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$451.83K | CA$0.00 | CA$661.16K | ▲ +0.0 pp |
| 2001 | 100.0% | CA$645.54K | CA$0.00 | CA$1.63 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$2.72 Million | CA$0.00 | CA$3.61 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$4.35 Million | CA$0.00 | CA$5.16 Million | — |