New Found Gold Corp Tangible Net Worth Ratio
New Found Gold Corp tangible net worth ratio. New Found Gold Corp (NFG) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$101.33 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. Check New Found Gold Corp PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of New Found Gold Corp (2019–2024)
Tangible net worth ratio of New Found Gold Corp from 2019 to 2024. This chart shows how New Found Gold Corp's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$101.33 Million with intangible assets of CA$0.00 CAD. See New Found Gold Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
New Found Gold Corp Tangible Net Worth Ratio by Year (2019–2024)
New Found Gold Corp tangible net worth ratio by year from 2019 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for New Found Gold Corp from 2019 to 2024, 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 live market cap and overall valuation, see New Found Gold Corp market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$66.57 Million | CA$0.00 | CA$74.02 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$65.50 Million | CA$0.00 | CA$84.58 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$83.47 Million | CA$0.00 | CA$110.69 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$122.65 Million | CA$0.00 | CA$148.06 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$72.90 Million | CA$0.00 | CA$73.54 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$8.96 Million | CA$0.00 | CA$9.36 Million | — |