Teras Resources Inc (TRA) — Tangible Net Worth Ratio
Teras Resources Inc (TRA) has a Tangible Net Worth Ratio of 100.0% as of February 2022. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$13.40 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 TRA book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Teras Resources Inc Tangible Net Worth Ratio (2011–2021)
This chart shows how Teras Resources Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2011 to 2021. As of February 2022, the ratio stands at 100.0%, reflecting net assets of CA$13.40 Million with intangible assets of CA$0.00 CAD. Also explore net asset momentum of Teras Resources Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Teras Resources Inc (2011–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Teras Resources Inc from 2011 to 2021, covering 11 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 Teras Resources Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 100.0% | CA$25.68 Million | CA$0.00 | CA$26.68 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$25.11 Million | CA$0.00 | CA$25.98 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$25.22 Million | CA$0.00 | CA$25.50 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$25.13 Million | CA$0.00 | CA$25.31 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$24.64 Million | CA$0.00 | CA$24.84 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$23.88 Million | CA$0.00 | CA$24.10 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$23.70 Million | CA$0.00 | CA$24.32 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$22.60 Million | CA$0.00 | CA$23.77 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$15.92 Million | CA$0.00 | CA$17.13 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$17.27 Million | CA$0.00 | CA$17.98 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$9.18 Million | CA$0.00 | CA$9.92 Million | — |