Providence Gold Mines (PHD) — Tangible Net Worth Ratio
Providence Gold Mines (PHD) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$2.51 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 PHD net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Providence Gold Mines Tangible Net Worth Ratio (2013–2023)
This chart shows how Providence Gold Mines's Tangible Net Worth Ratio has changed across 9 annual periods from 2013 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of CA$2.51 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see market value of Providence Gold Mines.
Annual Tangible Net Worth Ratio for Providence Gold Mines (2013–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Providence Gold Mines from 2013 to 2023, covering 9 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 Providence Gold Mines (PHD) reinvestment ratio 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) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$2.51 Million | CA$0.00 | CA$2.61 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$2.54 Million | CA$0.00 | CA$2.62 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$2.61 Million | CA$0.00 | CA$2.68 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$2.87 Million | CA$0.00 | CA$2.94 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$1.96 Million | CA$0.00 | CA$2.15 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$1.68 Million | CA$0.00 | CA$1.76 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$745.09K | CA$0.00 | CA$921.58K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$191.89K | CA$0.00 | CA$1.19 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$575.64K | CA$0.00 | CA$587.33K | — |