GGX Gold Corp Tangible Net Worth Ratio
GGX Gold Corp tangible net worth ratio. GGX Gold Corp (GGX) has a Tangible Net Worth Ratio of 100.0% as of June 2018. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$132.17K) 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. Check GGX strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of GGX Gold Corp (2014–2018)
Tangible net worth ratio of GGX Gold Corp from 2014 to 2018. This chart shows how GGX Gold Corp's Tangible Net Worth Ratio has changed across 4 annual periods from 2014 to 2018. As of June 2018, the ratio stands at 100.0%, reflecting net assets of CA$132.17K with intangible assets of CA$0.00 CAD. See GGX Gold Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
GGX Gold Corp Tangible Net Worth Ratio by Year (2014–2018)
GGX Gold Corp tangible net worth ratio by year from 2014 to 2018. The table below presents the year-by-year Tangible Net Worth Ratio for GGX Gold Corp from 2014 to 2018, covering 4 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 GGX Gold Corp (GGX) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 100.0% | CA$132.17K | CA$0.00 | CA$627.66K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$177.27K | CA$0.00 | CA$365.37K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$151.37K | CA$0.00 | CA$444.11K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$538.72K | CA$0.00 | CA$1.06 Million | — |