Northern Lion Gold Corp (NL) — Tangible Net Worth Ratio
Northern Lion Gold Corp (NL) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$5.35K) 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 NL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Northern Lion Gold Corp Tangible Net Worth Ratio (2013–2023)
This chart shows how Northern Lion Gold Corp's Tangible Net Worth Ratio has changed across 10 annual periods from 2013 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting net assets of CA$5.35K with intangible assets of CA$0.00 CAD. See operational self-sufficiency of Northern Lion Gold Corp to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Northern Lion Gold Corp (2013–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Northern Lion Gold Corp from 2013 to 2023, covering 10 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 NL market cap overview.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$5.35K | CA$0.00 | CA$728.37K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$546.43K | CA$0.00 | CA$1.15 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$765.32K | CA$0.00 | CA$1.35 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$142.55K | CA$0.00 | CA$408.55K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$339.79K | CA$0.00 | CA$504.75K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$558.24K | CA$0.00 | CA$677.56K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$371.29K | CA$0.00 | CA$570.65K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$50.60K | CA$0.00 | CA$214.58K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.10 Million | CA$0.00 | CA$1.21 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$2.57 Million | CA$0.00 | CA$2.75 Million | — |