Trigon Metals Inc (TM) — Tangible Net Worth Ratio

Latest as of December 2022: 100.0%

Trigon Metals Inc (TM) has a Tangible Net Worth Ratio of 100.0% as of December 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$4.15 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. See working capital to net assets of Trigon Metals Inc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$4.15 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$45.67 Million
CAD

Trigon Metals Inc Tangible Net Worth Ratio (2003–2022)

This chart shows how Trigon Metals Inc's Tangible Net Worth Ratio has changed across 12 annual periods from 2003 to 2022. As of December 2022, the ratio stands at 100.0%, reflecting net assets of CA$4.15 Million with intangible assets of CA$0.00 CAD. See Trigon Metals Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Trigon Metals Inc (2003–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Trigon Metals Inc from 2003 to 2022, covering 12 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 market value of Trigon Metals Inc.

Year Tangible NW Ratio Net Assets (CAD) Intangible Assets Total Assets Change (pp)
2022 100.0% CA$8.88 Million CA$0.00 CA$18.15 Million ▲ +0.0 pp
2021 100.0% CA$1.20 Million CA$0.00 CA$3.02 Million ▲ +0.0 pp
2020 100.0% CA$1.16 Million CA$0.00 CA$1.71 Million ▲ +0.0 pp
2017 100.0% CA$395.01K CA$0.00 CA$657.58K ▲ +0.0 pp
2016 100.0% CA$92.55K CA$0.00 CA$386.75K ▲ +0.0 pp
2015 100.0% CA$1.04 Million CA$0.00 CA$1.23 Million ▲ +0.0 pp
2014 100.0% CA$4.83 Million CA$0.00 CA$5.52 Million ▲ +0.0 pp
2013 100.0% CA$4.69 Million CA$0.00 CA$5.80 Million ▲ +0.0 pp
2012 100.0% CA$2.06 Million CA$0.00 CA$2.53 Million ▲ +0.0 pp
2008 100.0% CA$1.67 Million CA$0.00 CA$1.80 Million ▲ +36.0 pp
2004 64.0% CA$3.66 Million CA$1.32 Million CA$6.38 Million ▼ -36.0 pp
2003 100.0% CA$211.11K CA$0.00 CA$1.15 Million
pp = percentage points