Guyana Goldstrike Inc (GYA) — Tangible Net Worth Ratio

Latest as of October 2019: 100.0%

Guyana Goldstrike Inc (GYA) has a Tangible Net Worth Ratio of 100.0% as of October 2019. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$4.32 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. See working capital position of Guyana Goldstrike Inc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$4.32 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$6.08 Million
CAD

Guyana Goldstrike Inc Tangible Net Worth Ratio (2017–2019)

This chart shows how Guyana Goldstrike Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2017 to 2019. As of October 2019, the ratio stands at 100.0%, reflecting net assets of CA$4.32 Million with intangible assets of CA$0.00 CAD. See how many days can Guyana Goldstrike Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Guyana Goldstrike Inc (2017–2019)

The table below presents the year-by-year Tangible Net Worth Ratio for Guyana Goldstrike Inc from 2017 to 2019, covering 3 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 value of Guyana Goldstrike Inc.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2019 100.0% CA$5.02 Million CA$0.00 CA$6.13 Million ▲ +0.0 pp
2018 100.0% CA$5.70 Million CA$0.00 CA$5.97 Million ▲ +0.0 pp
2017 100.0% CA$2.40 Million CA$0.00 CA$2.74 Million
pp = percentage points