Millennial Potash Corp. (MLP) — Tangible Net Worth Ratio
Millennial Potash Corp. (MLP) has a Tangible Net Worth Ratio of 100.0% as of February 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$49.66 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 MLP book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Millennial Potash Corp. Tangible Net Worth Ratio (2020–2025)
This chart shows how Millennial Potash Corp.'s Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of February 2026, the ratio stands at 100.0%, reflecting net assets of CA$49.66 Million with intangible assets of CA$0.00 CAD. Also explore MLP year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Millennial Potash Corp. (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Millennial Potash Corp. from 2020 to 2025, 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 MLP market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$32.50 Million | CA$0.00 | CA$33.62 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$11.67 Million | CA$0.00 | CA$12.27 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$6.43 Million | CA$0.00 | CA$6.92 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$4.79 Million | CA$0.00 | CA$4.99 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.82 Million | CA$0.00 | CA$4.91 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$35.39K | CA$0.00 | CA$798.66K | — |