Happy Creek Minerals Ltd (HPY) — Tangible Net Worth Ratio
Happy Creek Minerals Ltd (HPY) has a Tangible Net Worth Ratio of 100.0% as of October 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$18.72 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 Happy Creek Minerals Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Happy Creek Minerals Ltd Tangible Net Worth Ratio (2014–2025)
This chart shows how Happy Creek Minerals Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of October 2025, the ratio stands at 100.0%, reflecting net assets of CA$18.72 Million with intangible assets of CA$0.00 CAD. See defensive interval ratio of Happy Creek Minerals Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Happy Creek Minerals Ltd (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Happy Creek Minerals Ltd from 2014 to 2025, covering 12 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 HPY company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$13.96 Million | CA$0.00 | CA$14.21 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$17.38 Million | CA$0.00 | CA$18.48 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$17.26 Million | CA$0.00 | CA$18.65 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$17.55 Million | CA$0.00 | CA$18.81 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$18.01 Million | CA$0.00 | CA$19.28 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$16.95 Million | CA$0.00 | CA$18.01 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$16.12 Million | CA$0.00 | CA$17.12 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$16.29 Million | CA$0.00 | CA$17.38 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$14.19 Million | CA$0.00 | CA$14.95 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$13.41 Million | CA$0.00 | CA$14.23 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$12.41 Million | CA$0.00 | CA$13.30 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$12.26 Million | CA$0.00 | CA$13.36 Million | — |