Quebec Precious Metals Corporation Tangible Net Worth Ratio

Latest as of October 2024: 100.0%

Quebec Precious Metals Corporation 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. Check QPM PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$40.13K
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$399.64K
CAD

Tangible Net Worth Ratio of Quebec Precious Metals Corporation (2017–2024)

Tangible net worth ratio of Quebec Precious Metals Corporation from 2017 to 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. See QPM working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Quebec Precious Metals Corporation Tangible Net Worth Ratio by Year (2017–2024)

Quebec Precious Metals Corporation tangible net worth ratio by year from 2017 to 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. For live market cap and overall valuation, see Quebec Precious Metals Corporation stock valuation.

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 —
pp = percentage points