Silver Spruce Resources Inc (SSE) — Tangible Net Worth Ratio
Silver Spruce Resources Inc (SSE) has a Tangible Net Worth Ratio of 100.0% as of October 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$197.26K) 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 Silver Spruce Resources Inc (SSE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Silver Spruce Resources Inc Tangible Net Worth Ratio (1998–2023)
This chart shows how Silver Spruce Resources Inc's Tangible Net Worth Ratio has changed across 19 annual periods from 1998 to 2023. As of October 2023, the ratio stands at 100.0%, reflecting net assets of CA$197.26K with intangible assets of CA$0.00 CAD. See Silver Spruce Resources Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Silver Spruce Resources Inc (1998–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Silver Spruce Resources Inc from 1998 to 2023, 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 SSE market cap overview.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$197.26K | CA$0.00 | CA$410.71K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$30.57K | CA$0.00 | CA$385.22K | ▲ +0.0 pp |
| 2021 | 100.0% | CA$1.16 Million | CA$0.00 | CA$1.47 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.31 Million | CA$0.00 | CA$1.42 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$268.01K | CA$0.00 | CA$1.24 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$583.69K | CA$0.00 | CA$956.39K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$1.82 Million | CA$0.00 | CA$2.11 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$5.10 Million | CA$0.00 | CA$5.27 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$3.19 Million | CA$0.00 | CA$3.57 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$6.77 Million | CA$0.00 | CA$7.10 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$15.53 Million | CA$0.00 | CA$16.12 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$11.12 Million | CA$0.00 | CA$11.99 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$6.19 Million | CA$0.00 | CA$6.39 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$429.73K | CA$0.00 | CA$559.41K | ▲ +0.0 pp |
| 2004 | 100.0% | CA$131.54K | CA$0.00 | CA$242.09K | ▲ +0.0 pp |
| 2003 | 100.0% | CA$135.14K | CA$0.00 | CA$165.24K | ▲ +0.0 pp |
| 2000 | 100.0% | CA$109.48K | CA$0.00 | CA$175.32K | ▲ +0.0 pp |
| 1999 | 100.0% | CA$160.45K | CA$0.00 | CA$199.93K | ▲ +0.0 pp |
| 1998 | 100.0% | CA$115.50K | CA$0.00 | CA$213.58K | — |