Mkango Resources Ltd (MKA) — Tangible Net Worth Ratio
Mkango Resources Ltd (MKA) has a Tangible Net Worth Ratio of 51.0% as of June 2025. This metric is calculated by deducting intangible assets (CA$2.93 Million) from net assets (CA$5.98 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 MKA total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Mkango Resources Ltd Tangible Net Worth Ratio (2008–2024)
This chart shows how Mkango Resources Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 51.0%, reflecting net assets of CA$5.98 Million with intangible assets of CA$2.93 Million CAD. Also explore Mkango Resources Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Mkango Resources Ltd (2008–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Mkango Resources Ltd from 2008 to 2024, 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 MKA market cap overview.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 50.3% | CA$6.43 Million | CA$3.20 Million | CA$10.71 Million | ▲ +32.1 pp |
| 2023 | 18.2% | CA$4.56 Million | CA$3.73 Million | CA$9.29 Million | ▼ -81.8 pp |
| 2021 | 100.0% | CA$4.00 Million | CA$0.00 | CA$5.26 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$5.49 Million | CA$0.00 | CA$5.78 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$9.31 Million | CA$0.00 | CA$9.83 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$1.14 Million | CA$0.00 | CA$2.69 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$297.32K | CA$0.00 | CA$507.09K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$304.72K | CA$0.00 | CA$447.53K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$2.78 Million | CA$0.00 | CA$3.77 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$6.65 Million | CA$0.00 | CA$7.86 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$326.14K | CA$0.00 | CA$336.90K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$307.02K | CA$0.00 | CA$317.47K | — |