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. See shareholders equity of Cobalt Power Group Inc for net asset value and shareholders' equity analysis.
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. Also explore PGP net asset momentum to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see Cobalt Power Group Inc market capitalisation.
| 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 | — |