Cobalt Power Group Inc (PGP) — Tangible Net Worth Ratio
Cobalt Power Group Inc (PGP) has a Tangible Net Worth Ratio of 100.0% as of January 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$30.99K) 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 Cobalt Power Group Inc annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cobalt Power Group Inc Tangible Net Worth Ratio (2016–2023)
This chart shows how Cobalt Power Group Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2016 to 2023. As of January 2023, the ratio stands at 100.0%, reflecting net assets of CA$30.99K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Cobalt Power Group Inc (PGP) total market value.
Annual Tangible Net Worth Ratio for Cobalt Power Group Inc (2016–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Cobalt Power Group Inc from 2016 to 2023, covering 8 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. See cash generation quality of Cobalt Power Group Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$30.99K | CA$0.00 | CA$102.68K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$642.21K | CA$0.00 | CA$722.46K | ▲ +0.0 pp |
| 2021 | 100.0% | CA$32.52K | CA$0.00 | CA$189.54K | ▲ +0.0 pp |
| 2020 | 100.0% | CA$146.38K | CA$0.00 | CA$360.54K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$1.14 Million | CA$0.00 | CA$1.50 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$11.25 Million | CA$0.00 | CA$11.33 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$543.50K | CA$0.00 | CA$570.47K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$436.08K | CA$0.00 | CA$451.09K | — |