Highbank Resources Ltd. (HBK) — 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. Also explore HBK year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Highbank Resources Ltd. Tangible Net Worth Ratio (2013–2019)
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. For live market cap and overall valuation, see how much is Highbank Resources Ltd. worth.
Annual Tangible Net Worth Ratio for Highbank Resources Ltd. (2013–2019)
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. Explore how much does Highbank Resources Ltd. reinvest in capital 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) |
|---|---|---|---|---|---|
| 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 | — |