Tearlach Resources Ltd (TEA) — Tangible Net Worth Ratio

Latest as of June 2024: 100.0%

Tearlach Resources Ltd (TEA) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$1.46 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 TEA year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$1.46 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$2.48 Million
CAD

Tearlach Resources Ltd Tangible Net Worth Ratio (2023–2023)

This chart shows how Tearlach Resources Ltd's Tangible Net Worth Ratio has changed across 1 annual periods from 2023 to 2023. As of June 2024, the ratio stands at 100.0%, reflecting net assets of CA$1.46 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Tearlach Resources Ltd stock valuation.

Annual Tangible Net Worth Ratio for Tearlach Resources Ltd (2023–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Tearlach Resources Ltd from 2023 to 2023, covering 1 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 capital reinvestment ratio of Tearlach Resources Ltd 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$3.89 Million CA$0.00 CA$4.34 Million
pp = percentage points