Magnum Goldcorp Inc (MGI) — Tangible Net Worth Ratio
Magnum Goldcorp Inc (MGI) has a Tangible Net Worth Ratio of 100.0% as of February 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$3.31 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. Also explore Magnum Goldcorp Inc (MGI) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Magnum Goldcorp Inc Tangible Net Worth Ratio (2014–2024)
This chart shows how Magnum Goldcorp Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of February 2025, the ratio stands at 100.0%, reflecting net assets of CA$3.31 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Magnum Goldcorp Inc market cap and net worth.
Annual Tangible Net Worth Ratio for Magnum Goldcorp Inc (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Magnum Goldcorp Inc from 2014 to 2024, covering 11 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 capital reinvestment ratio of Magnum Goldcorp Inc 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) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$3.46 Million | CA$0.00 | CA$3.61 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$3.54 Million | CA$0.00 | CA$3.63 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$3.56 Million | CA$0.00 | CA$3.72 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$2.70 Million | CA$0.00 | CA$3.10 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$2.75 Million | CA$0.00 | CA$3.11 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$2.59 Million | CA$0.00 | CA$3.01 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$2.81 Million | CA$0.00 | CA$3.00 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$2.48 Million | CA$0.00 | CA$2.74 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$2.55 Million | CA$0.00 | CA$2.72 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$344.55K | CA$0.00 | CA$462.04K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$418.83K | CA$0.00 | CA$592.84K | — |