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 Cobalt Power Group Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See how many days can Cobalt Power Group Inc fund operations to measure how many days the company can operate on defensive assets alone.
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 (PGP) total market value.
| 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 | — |