Gold Basin Resources Corp (GXX) — Tangible Net Worth Ratio
Gold Basin Resources Corp (GXX) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$19.35 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. Also explore Gold Basin Resources Corp (GXX) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gold Basin Resources Corp Tangible Net Worth Ratio (2018–2023)
This chart shows how Gold Basin Resources Corp's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of CA$19.35 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see market cap of Gold Basin Resources Corp.
Annual Tangible Net Worth Ratio for Gold Basin Resources Corp (2018–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Gold Basin Resources Corp from 2018 to 2023, covering 6 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 Gold Basin Resources Corp (GXX) reinvestment ratio 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$19.19 Million | CA$0.00 | CA$19.65 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$19.06 Million | CA$0.00 | CA$19.49 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$19.19 Million | CA$0.00 | CA$19.37 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$15.33 Million | CA$0.00 | CA$15.75 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$301.72K | CA$0.00 | CA$307.05K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$156.49K | CA$0.00 | CA$156.58K | — |