Search Minerals Inc (SMY) — Tangible Net Worth Ratio
Search Minerals Inc (SMY) has a Tangible Net Worth Ratio of 100.0% as of February 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$24.75 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. See Search Minerals Inc shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Search Minerals Inc Tangible Net Worth Ratio (2007–2025)
This chart shows how Search Minerals Inc's Tangible Net Worth Ratio has changed across 19 annual periods from 2007 to 2025. As of February 2026, the ratio stands at 100.0%, reflecting net assets of CA$24.75 Million with intangible assets of CA$0.00 CAD. Also explore net asset momentum of Search Minerals Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Search Minerals Inc (2007–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Search Minerals Inc from 2007 to 2025, covering 19 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 how much is Search Minerals Inc worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$24.48 Million | CA$0.00 | CA$32.33 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$25.16 Million | CA$0.00 | CA$30.37 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$25.67 Million | CA$0.00 | CA$29.47 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$26.94 Million | CA$0.00 | CA$29.29 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$20.84 Million | CA$0.00 | CA$21.65 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$11.60 Million | CA$0.00 | CA$13.90 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$10.76 Million | CA$0.00 | CA$13.24 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$9.94 Million | CA$0.00 | CA$11.95 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$9.65 Million | CA$0.00 | CA$11.08 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$9.87 Million | CA$0.00 | CA$10.44 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$9.26 Million | CA$0.00 | CA$10.21 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$7.75 Million | CA$0.00 | CA$9.34 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$7.35 Million | CA$0.00 | CA$8.30 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$8.60 Million | CA$0.00 | CA$9.26 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$14.06 Million | CA$0.00 | CA$16.15 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$4.38 Million | CA$0.00 | CA$6.00 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$1.32 Million | CA$0.00 | CA$1.65 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$1.22 Million | CA$0.00 | CA$1.28 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$414.99K | CA$0.00 | CA$427.99K | — |