Torq Resources Inc Tangible Net Worth Ratio
Torq Resources Inc tangible net worth ratio. Torq Resources Inc (TORQ) has a Tangible Net Worth Ratio of 100.0% as of March 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$1.34 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 Torq Resources Inc (TORQ) strategic investment 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 Torq Resources Inc (2004–2023)
Tangible net worth ratio of Torq Resources Inc from 2004 to 2023. This chart shows how Torq Resources Inc's Tangible Net Worth Ratio has changed across 19 annual periods from 2004 to 2023. As of March 2024, the ratio stands at 100.0%, reflecting net assets of CA$1.34 Million with intangible assets of CA$0.00 CAD. See TORQ working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Torq Resources Inc Tangible Net Worth Ratio by Year (2004–2023)
Torq Resources Inc tangible net worth ratio by year from 2004 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Torq Resources Inc from 2004 to 2023, covering 19 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 TORQ company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$1.04 Million | CA$0.00 | CA$4.21 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$12.00 Million | CA$0.00 | CA$15.61 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$3.31 Million | CA$0.00 | CA$3.99 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$8.89 Million | CA$0.00 | CA$9.09 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$10.83 Million | CA$0.00 | CA$11.05 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$12.37 Million | CA$0.00 | CA$12.67 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$17.67 Million | CA$0.00 | CA$18.02 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$5.94 Million | CA$0.00 | CA$6.79 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$45.91K | CA$0.00 | CA$687.46K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$178.80K | CA$0.00 | CA$836.53K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$408.28K | CA$0.00 | CA$1.34 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$15.64 Million | CA$0.00 | CA$16.64 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$308.07K | CA$0.00 | CA$321.33K | ▲ +0.0 pp |
| 2009 | 100.0% | CA$684.23K | CA$0.00 | CA$714.29K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$2.32 Million | CA$0.00 | CA$2.34 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$5.65 Million | CA$0.00 | CA$5.95 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$813.84K | CA$0.00 | CA$945.20K | ▲ +0.0 pp |
| 2005 | 100.0% | CA$574.48K | CA$1.00 | CA$696.10K | ▼ 0.0 pp |
| 2004 | 100.0% | CA$128.90K | CA$0.00 | CA$193.76K | — |