True North Gems Inc Tangible Net Worth Ratio
True North Gems Inc tangible net worth ratio. True North Gems Inc (TGX) has a Tangible Net Worth Ratio of 100.0% as of December 2015. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$42.69 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 True North Gems Inc (TGX) 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 True North Gems Inc (2013–2015)
Tangible net worth ratio of True North Gems Inc from 2013 to 2015. This chart shows how True North Gems Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2013 to 2015. As of December 2015, the ratio stands at 100.0%, reflecting net assets of CA$42.69 Million with intangible assets of CA$0.00 CAD. See working capital to net assets of True North Gems Inc to evaluate short-term liquidity relative to the company's equity base.
True North Gems Inc Tangible Net Worth Ratio by Year (2013–2015)
True North Gems Inc tangible net worth ratio by year from 2013 to 2015. The table below presents the year-by-year Tangible Net Worth Ratio for True North Gems Inc from 2013 to 2015, covering 3 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 market value of True North Gems Inc.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2015 | 100.0% | CA$42.69 Million | CA$0.00 | CA$50.73 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$29.32 Million | CA$0.00 | CA$32.07 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$22.75 Million | CA$0.00 | CA$25.26 Million | — |