Lake Winn Resources Corp (LWR) — Tangible Net Worth Ratio

Latest as of September 2020: 100.0%

Lake Winn Resources Corp (LWR) has a Tangible Net Worth Ratio of 100.0% as of September 2020. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$226.29K) 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 Lake Winn Resources Corp working capital to net assets 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$226.29K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$846.23K
CAD

Lake Winn Resources Corp Tangible Net Worth Ratio (2016–2022)

This chart shows how Lake Winn Resources Corp's Tangible Net Worth Ratio has changed across 6 annual periods from 2016 to 2022. As of September 2020, the ratio stands at 100.0%, reflecting net assets of CA$226.29K with intangible assets of CA$0.00 CAD. See LWR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Lake Winn Resources Corp (2016–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Lake Winn Resources Corp from 2016 to 2022, covering 6 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 LWR market cap.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2022 100.0% CA$390.88K CA$0.00 CA$1.12 Million ▲ +0.0 pp
2021 100.0% CA$73.82K CA$0.00 CA$449.27K ▲ +0.0 pp
2019 100.0% CA$332.35K CA$0.00 CA$722.39K ▲ +0.0 pp
2018 100.0% CA$378.08K CA$0.00 CA$705.69K ▲ +0.0 pp
2017 100.0% CA$1.05 Million CA$0.00 CA$1.26 Million ▲ +0.0 pp
2016 100.0% CA$2.50 Million CA$0.00 CA$2.80 Million
pp = percentage points