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. Also explore net asset momentum of Northern Lion Gold Corp to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see how much is Northern Lion Gold Corp worth.
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. Explore Northern Lion Gold Corp capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |