Turmalina Metals Corp Tangible Net Worth Ratio
Turmalina Metals Corp tangible net worth ratio. Turmalina Metals Corp (TBX) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$1.53 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 Turmalina Metals Corp (TBX) strategic asset index 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 Turmalina Metals Corp (2019–2023)
Tangible net worth ratio of Turmalina Metals Corp from 2019 to 2023. This chart shows how Turmalina Metals Corp's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of CA$1.53 Million with intangible assets of CA$0.00 CAD. See working capital position of Turmalina Metals Corp to evaluate short-term liquidity relative to the company's equity base.
Turmalina Metals Corp Tangible Net Worth Ratio by Year (2019–2023)
Turmalina Metals Corp tangible net worth ratio by year from 2019 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Turmalina Metals Corp from 2019 to 2023, covering 5 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 TBX company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$1.39 Million | CA$0.00 | CA$1.92 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$1.90 Million | CA$0.00 | CA$2.40 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$5.57 Million | CA$0.00 | CA$5.69 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$10.82 Million | CA$0.00 | CA$11.02 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$5.74 Million | CA$0.00 | CA$6.22 Million | — |