Glacier Lake Resources Inc (GLI) — Tangible Net Worth Ratio
Glacier Lake Resources Inc (GLI) has a Tangible Net Worth Ratio of 100.0% as of June 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$149.76K) 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 Glacier Lake Resources Inc annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Glacier Lake Resources Inc Tangible Net Worth Ratio (2009–2023)
This chart shows how Glacier Lake Resources Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2009 to 2023. As of June 2023, the ratio stands at 100.0%, reflecting net assets of CA$149.76K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see GLI market cap.
Annual Tangible Net Worth Ratio for Glacier Lake Resources Inc (2009–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Glacier Lake Resources Inc from 2009 to 2023, covering 11 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. Explore capital reinvestment ratio of Glacier Lake Resources Inc to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$310.58K | CA$0.00 | CA$428.55K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$1.03 Million | CA$0.00 | CA$1.06 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$293.54K | CA$0.00 | CA$633.39K | ▲ +0.0 pp |
| 2020 | 100.0% | CA$848.93K | CA$0.00 | CA$1.01 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$1.23 Million | CA$0.00 | CA$1.56 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$448.89K | CA$0.00 | CA$610.47K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$104.28K | CA$0.00 | CA$339.25K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$301.20K | CA$0.00 | CA$745.10K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$1.41 Million | CA$0.00 | CA$1.50 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$1.92 Million | CA$0.00 | CA$2.16 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$351.13K | CA$0.00 | CA$392.64K | — |