Jaxon Mining Inc (JAX) — Tangible Net Worth Ratio
Jaxon Mining Inc (JAX) has a Tangible Net Worth Ratio of 100.0% as of October 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$6.24 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 how liquid is Jaxon Mining Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jaxon Mining Inc Tangible Net Worth Ratio (2014–2023)
This chart shows how Jaxon Mining Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2014 to 2023. As of October 2023, the ratio stands at 100.0%, reflecting net assets of CA$6.24 Million with intangible assets of CA$0.00 CAD. See JAX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Jaxon Mining Inc (2014–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Jaxon Mining Inc from 2014 to 2023, covering 8 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 Jaxon Mining Inc.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$6.62 Million | CA$0.00 | CA$8.08 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$7.02 Million | CA$0.00 | CA$7.91 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$5.21 Million | CA$0.00 | CA$5.55 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$5.40 Million | CA$0.00 | CA$5.92 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$4.16 Million | CA$0.00 | CA$4.74 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$5.09 Million | CA$0.00 | CA$5.64 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$89.30K | CA$0.00 | CA$206.07K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$217.13K | CA$0.00 | CA$290.83K | — |