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 Teras Resources Inc (TRA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See Teras Resources Inc (TRA) defensive interval to measure how many days the company can operate on defensive assets alone.
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 how much is Teras Resources Inc 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 | — |