Q-Gold Resources Ltd (QGR) — Tangible Net Worth Ratio
Q-Gold Resources Ltd (QGR) has a Tangible Net Worth Ratio of 100.0% as of June 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$13.30K) 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 Q-Gold Resources Ltd (QGR) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Q-Gold Resources Ltd Tangible Net Worth Ratio (2018–2021)
This chart shows how Q-Gold Resources Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2018 to 2021. As of June 2022, the ratio stands at 100.0%, reflecting net assets of CA$13.30K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see how much is Q-Gold Resources Ltd worth.
Annual Tangible Net Worth Ratio for Q-Gold Resources Ltd (2018–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Q-Gold Resources Ltd from 2018 to 2021, covering 3 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 Q-Gold Resources Ltd free cash flow generation 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) |
|---|---|---|---|---|---|
| 2021 | 100.0% | CA$486.01K | CA$0.00 | CA$1.41 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.28 Million | CA$0.00 | CA$1.83 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$419.61K | CA$0.00 | CA$496.57K | — |