Quebec Precious Metals Corporation (QPM) — Tangible Net Worth Ratio
Quebec Precious Metals Corporation (QPM) has a Tangible Net Worth Ratio of 100.0% as of October 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$40.13K) 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 Quebec Precious Metals Corporation (QPM) 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
Quebec Precious Metals Corporation Tangible Net Worth Ratio (2017–2024)
This chart shows how Quebec Precious Metals Corporation's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of October 2024, the ratio stands at 100.0%, reflecting net assets of CA$40.13K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see QPM market cap.
Annual Tangible Net Worth Ratio for Quebec Precious Metals Corporation (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Quebec Precious Metals Corporation from 2017 to 2024, 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. Explore how much does Quebec Precious Metals Corporation reinvest in capital 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) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$647.37K | CA$0.00 | CA$979.73K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$2.18 Million | CA$0.00 | CA$2.29 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$2.36 Million | CA$0.00 | CA$3.51 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$2.82 Million | CA$0.00 | CA$3.31 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$5.29 Million | CA$0.00 | CA$7.72 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$12.99 Million | CA$0.00 | CA$13.92 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$3.89 Million | CA$0.00 | CA$4.72 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$1.97 Million | CA$0.00 | CA$2.65 Million | — |