Nickel North Exploration Corp (NNX) — Tangible Net Worth Ratio
Nickel North Exploration Corp (NNX) has a Tangible Net Worth Ratio of 100.0% as of September 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$9.52 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 Nickel North Exploration Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nickel North Exploration Corp Tangible Net Worth Ratio (2007–2021)
This chart shows how Nickel North Exploration Corp's Tangible Net Worth Ratio has changed across 10 annual periods from 2007 to 2021. As of September 2022, the ratio stands at 100.0%, reflecting net assets of CA$9.52 Million with intangible assets of CA$0.00 CAD. See operational self-sufficiency of Nickel North Exploration Corp to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Nickel North Exploration Corp (2007–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Nickel North Exploration Corp from 2007 to 2021, 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 NNX stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 100.0% | CA$9.02 Million | CA$0.00 | CA$10.82 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$9.14 Million | CA$0.00 | CA$10.85 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$9.37 Million | CA$0.00 | CA$10.83 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$9.68 Million | CA$0.00 | CA$10.86 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$9.95 Million | CA$0.00 | CA$10.90 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$10.40 Million | CA$0.00 | CA$11.27 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$10.60 Million | CA$0.00 | CA$11.17 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$9.68 Million | CA$0.00 | CA$11.48 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$10.06 Million | CA$0.00 | CA$11.23 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$229.75K | CA$0.00 | CA$246.15K | — |