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. See how liquid is Q-Gold Resources Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
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. See defensive interval ratio of Q-Gold Resources Ltd to measure how many days the company can operate on defensive assets alone.
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 Q-Gold Resources Ltd market cap and net worth.
| 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 | — |