New Destiny Mining Corp (NED) — Tangible Net Worth Ratio
New Destiny Mining Corp (NED) has a Tangible Net Worth Ratio of 100.0% as of March 2018. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$46.63K) 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 NED net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
New Destiny Mining Corp Tangible Net Worth Ratio (2015–2015)
This chart shows how New Destiny Mining Corp's Tangible Net Worth Ratio has changed across 1 annual periods from 2015 to 2015. As of March 2018, the ratio stands at 100.0%, reflecting net assets of CA$46.63K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see New Destiny Mining Corp stock valuation.
Annual Tangible Net Worth Ratio for New Destiny Mining Corp (2015–2015)
The table below presents the year-by-year Tangible Net Worth Ratio for New Destiny Mining Corp from 2015 to 2015, covering 1 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. See New Destiny Mining Corp (NED) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2015 | 100.0% | CA$67.90K | CA$0.00 | CA$164.95K | — |