Goldbank Mining Corp (GLB) — Tangible Net Worth Ratio
Goldbank Mining Corp (GLB) has a Tangible Net Worth Ratio of 100.0% as of December 2013. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$499.91K) 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 working capital to net assets of Goldbank Mining Corp to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Goldbank Mining Corp Tangible Net Worth Ratio (2013–2013)
This chart shows how Goldbank Mining Corp's Tangible Net Worth Ratio has changed across 1 annual periods from 2013 to 2013. As of December 2013, the ratio stands at 100.0%, reflecting net assets of CA$499.91K with intangible assets of CA$0.00 CAD. See Goldbank Mining Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Goldbank Mining Corp (2013–2013)
The table below presents the year-by-year Tangible Net Worth Ratio for Goldbank Mining Corp from 2013 to 2013, covering 1 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 market cap of Goldbank Mining Corp.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2013 | 100.0% | CA$499.91K | CA$0.00 | CA$3.62 Million | — |