Southern Empire Resources Corp (SMP) — Tangible Net Worth Ratio
Southern Empire Resources Corp (SMP) has a Tangible Net Worth Ratio of 100.0% as of July 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$10.93 Million) 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 net asset growth rate of Southern Empire Resources Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Southern Empire Resources Corp Tangible Net Worth Ratio (2017–2023)
This chart shows how Southern Empire Resources Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2017 to 2023. As of July 2024, the ratio stands at 100.0%, reflecting net assets of CA$10.93 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see SMP market cap overview.
Annual Tangible Net Worth Ratio for Southern Empire Resources Corp (2017–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Southern Empire Resources Corp from 2017 to 2023, covering 7 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 Southern Empire Resources Corp capital reinvestment ratio 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) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$11.42 Million | CA$0.00 | CA$12.27 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$15.10 Million | CA$0.00 | CA$15.62 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$14.31 Million | CA$0.00 | CA$14.88 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$15.74 Million | CA$0.00 | CA$15.88 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$165.35K | CA$0.00 | CA$415.01K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$286.44K | CA$0.00 | CA$298.94K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$139.04K | CA$0.00 | CA$145.00K | — |