Southern Empire Resources Corp Tangible Net Worth Ratio
Southern Empire Resources Corp 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. Check strategic asset allocation of Southern Empire Resources Corp to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Southern Empire Resources Corp (2017–2023)
Tangible net worth ratio of Southern Empire Resources Corp from 2017 to 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. See SMP working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Southern Empire Resources Corp Tangible Net Worth Ratio by Year (2017–2023)
Southern Empire Resources Corp tangible net worth ratio by year from 2017 to 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. For live market cap and overall valuation, see how much is Southern Empire Resources Corp worth.
| 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 | — |