Thor Explorations Ltd. Tangible Net Worth Ratio
Thor Explorations Ltd. tangible net worth ratio. Thor Explorations Ltd. (THX) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets (CA$31.00K) from net assets (CA$458.88 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 THX strategic asset allocation 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 Thor Explorations Ltd. (2001–2025)
Tangible net worth ratio of Thor Explorations Ltd. from 2001 to 2025. This chart shows how Thor Explorations Ltd.'s Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of CA$458.88 Million with intangible assets of CA$31.00K CAD. See Thor Explorations Ltd. (THX) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Thor Explorations Ltd. Tangible Net Worth Ratio by Year (2001–2025)
Thor Explorations Ltd. tangible net worth ratio by year from 2001 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Thor Explorations Ltd. from 2001 to 2025, covering 25 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 cap of Thor Explorations Ltd..
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$380.01 Million | CA$62.00K | CA$407.08 Million | ▲ +0.1 pp |
| 2024 | 99.9% | CA$201.25 Million | CA$134.00K | CA$279.07 Million | ▲ +19.5 pp |
| 2023 | 80.5% | CA$147.94 Million | CA$28.91 Million | CA$341.67 Million | ▲ +2.6 pp |
| 2022 | 77.8% | CA$86.78 Million | CA$19.23 Million | CA$223.25 Million | ▲ +3.2 pp |
| 2021 | 74.6% | CA$75.17 Million | CA$19.06 Million | CA$263.22 Million | ▼ -25.4 pp |
| 2020 | 100.0% | CA$77.91 Million | CA$0.00 | CA$141.51 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$52.58 Million | CA$0.00 | CA$53.71 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$42.83 Million | CA$0.00 | CA$45.23 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$33.10 Million | CA$0.00 | CA$36.05 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$31.83 Million | CA$0.00 | CA$34.28 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$13.56 Million | CA$0.00 | CA$14.26 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$12.53 Million | CA$3.79K | CA$13.06 Million | ▲ +0.0 pp |
| 2013 | 99.9% | CA$12.42 Million | CA$8.63K | CA$12.87 Million | ▼ -0.1 pp |
| 2012 | 100.0% | CA$10.00 Million | CA$0.00 | CA$10.51 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$5.68 Million | CA$0.00 | CA$6.08 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$2.90 Million | CA$0.00 | CA$2.92 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$2.98 Million | CA$0.00 | CA$3.01 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$1.74 Million | CA$0.00 | CA$1.76 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$2.03 Million | CA$0.00 | CA$2.05 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$280.21K | CA$0.00 | CA$293.38K | ▲ +0.0 pp |
| 2005 | 100.0% | CA$99.02K | CA$0.00 | CA$135.20K | ▲ +0.0 pp |
| 2004 | 100.0% | CA$166.09K | CA$0.00 | CA$185.90K | ▲ +0.0 pp |
| 2003 | 100.0% | CA$32.46K | CA$0.00 | CA$96.55K | ▲ +0.0 pp |
| 2002 | 100.0% | CA$99.30K | CA$0.00 | CA$121.00K | ▲ +0.0 pp |
| 2001 | 100.0% | CA$155.12K | CA$0.00 | CA$204.78K | — |