Nexus Gold Corp (NXS) — Tangible Net Worth Ratio

Latest as of April 2025: 100.0%

Nexus Gold Corp (NXS) has a Tangible Net Worth Ratio of 100.0% as of April 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$106.02K) 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 working capital position of Nexus Gold Corp to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$106.02K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$1.66 Million
CAD

Nexus Gold Corp Tangible Net Worth Ratio (2009–2023)

This chart shows how Nexus Gold Corp's Tangible Net Worth Ratio has changed across 14 annual periods from 2009 to 2023. As of April 2025, the ratio stands at 100.0%, reflecting net assets of CA$106.02K with intangible assets of CA$0.00 CAD. See operational self-sufficiency of Nexus Gold Corp to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Nexus Gold Corp (2009–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Nexus Gold Corp from 2009 to 2023, covering 14 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 Nexus Gold Corp (NXS) total market value.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2023 100.0% CA$5.03K CA$0.00 CA$1.89 Million ▲ +0.0 pp
2022 100.0% CA$6.55 Million CA$0.00 CA$7.17 Million ▲ +0.0 pp
2021 100.0% CA$6.53 Million CA$0.00 CA$7.03 Million ▲ +0.0 pp
2020 100.0% CA$4.28 Million CA$0.00 CA$5.19 Million ▲ +0.0 pp
2019 100.0% CA$3.45 Million CA$0.00 CA$3.82 Million ▲ +0.0 pp
2018 100.0% CA$2.13 Million CA$0.00 CA$2.46 Million ▲ +0.0 pp
2017 100.0% CA$1.17 Million CA$0.00 CA$1.94 Million ▲ +0.0 pp
2016 100.0% CA$1.62 Million CA$0.00 CA$2.35 Million ▲ +0.0 pp
2015 100.0% CA$1.30 Million CA$0.00 CA$1.86 Million ▲ +0.0 pp
2013 100.0% CA$185.89K CA$0.00 CA$197.51K ▲ +0.0 pp
2012 100.0% CA$352.38K CA$0.00 CA$399.17K ▲ +0.0 pp
2011 100.0% CA$394.13K CA$0.00 CA$397.16K ▲ +0.0 pp
2010 100.0% CA$457.89K CA$0.00 CA$459.17K ▲ +0.0 pp
2009 100.0% CA$106.27K CA$0.00 CA$119.58K
pp = percentage points