Noram Lithium Corp (NRM) — Tangible Net Worth Ratio
Noram Lithium Corp (NRM) has a Tangible Net Worth Ratio of 100.0% as of January 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$5.44 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. Also explore Noram Lithium Corp (NRM) 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
Noram Lithium Corp Tangible Net Worth Ratio (2012–2026)
This chart shows how Noram Lithium Corp's Tangible Net Worth Ratio has changed across 15 annual periods from 2012 to 2026. As of January 2026, the ratio stands at 100.0%, reflecting net assets of CA$5.44 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see NRM stock market capitalisation.
Annual Tangible Net Worth Ratio for Noram Lithium Corp (2012–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Noram Lithium Corp from 2012 to 2026, covering 15 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 how much does Noram Lithium Corp reinvest in capital 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) |
|---|---|---|---|---|---|
| 2026 | 100.0% | CA$5.44 Million | CA$0.00 | CA$5.86 Million | ▲ +0.0 pp |
| 2025 | 100.0% | CA$5.79 Million | CA$0.00 | CA$6.30 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$7.95 Million | CA$0.00 | CA$8.43 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$13.55 Million | CA$0.00 | CA$14.24 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$5.39 Million | CA$0.00 | CA$5.94 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.70 Million | CA$0.00 | CA$5.04 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$2.90 Million | CA$0.00 | CA$3.20 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$2.94 Million | CA$0.00 | CA$3.15 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$1.15 Million | CA$0.00 | CA$1.21 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$2.77 Million | CA$0.00 | CA$2.88 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$840.41K | CA$0.00 | CA$851.40K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$1.20 Million | CA$0.00 | CA$1.23 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.58 Million | CA$0.00 | CA$1.65 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$1.22 Million | CA$0.00 | CA$1.31 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$720.03K | CA$0.00 | CA$725.21K | — |