Highbank Resources Ltd. Tangible Net Worth Ratio
Highbank Resources Ltd. tangible net worth ratio. Highbank Resources Ltd. (HBK) has a Tangible Net Worth Ratio of 100.0% as of December 2019. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$168.77K) 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 HBK capital-intensive asset ratio 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 Highbank Resources Ltd. (2013–2019)
Tangible net worth ratio of Highbank Resources Ltd. from 2013 to 2019. This chart shows how Highbank Resources Ltd.'s Tangible Net Worth Ratio has changed across 7 annual periods from 2013 to 2019. As of December 2019, the ratio stands at 100.0%, reflecting net assets of CA$168.77K with intangible assets of CA$0.00 CAD. See HBK working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Highbank Resources Ltd. Tangible Net Worth Ratio by Year (2013–2019)
Highbank Resources Ltd. tangible net worth ratio by year from 2013 to 2019. The table below presents the year-by-year Tangible Net Worth Ratio for Highbank Resources Ltd. from 2013 to 2019, covering 7 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 Highbank Resources Ltd. (HBK) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 100.0% | CA$168.77K | CA$0.00 | CA$9.71 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$3.05 Million | CA$0.00 | CA$11.30 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$4.28 Million | CA$0.00 | CA$11.18 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$3.99 Million | CA$0.00 | CA$10.69 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$3.89 Million | CA$0.00 | CA$10.50 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$4.56 Million | CA$0.00 | CA$9.19 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$2.37 Million | CA$0.00 | CA$2.56 Million | — |