Q-Gold Resources Ltd (QGR) — Tangible Net Worth Ratio

Latest as of June 2022: 100.0%

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. See QGR net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$13.30K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$1.15 Million
CAD

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. Also explore Q-Gold Resources Ltd net asset momentum to track the company's year-over-year net asset growth rate.

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. For the full company profile including market capitalisation, see QGR market cap overview.

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
pp = percentage points