Metal Energy Corp Tangible Net Worth Ratio
Metal Energy Corp tangible net worth ratio. Metal Energy Corp (MERG) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$783.93K) 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 MERG net asset quality index to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Metal Energy Corp (2021–2023)
Tangible net worth ratio of Metal Energy Corp from 2021 to 2023. This chart shows how Metal Energy Corp's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of CA$783.93K with intangible assets of CA$0.00 CAD. See Metal Energy Corp (MERG) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Metal Energy Corp Tangible Net Worth Ratio by Year (2021–2023)
Metal Energy Corp tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Metal Energy Corp from 2021 to 2023, covering 3 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 MERG market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$1.76 Million | CA$0.00 | CA$1.84 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$2.41 Million | CA$0.00 | CA$3.16 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$6.34 Million | CA$0.00 | CA$7.07 Million | — |