Visible Gold Mines Inc (VGD) — Tangible Net Worth Ratio
Visible Gold Mines Inc (VGD) has a Tangible Net Worth Ratio of 100.0% as of January 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$2.62 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 VGD net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Visible Gold Mines Inc Tangible Net Worth Ratio (2007–2023)
This chart shows how Visible Gold Mines Inc's Tangible Net Worth Ratio has changed across 17 annual periods from 2007 to 2023. As of January 2026, the ratio stands at 100.0%, reflecting net assets of CA$2.62 Million with intangible assets of CA$0.00 CAD. Also explore Visible Gold Mines Inc net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Visible Gold Mines Inc (2007–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Visible Gold Mines Inc from 2007 to 2023, covering 17 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 Visible Gold Mines Inc (VGD) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$541.53K | CA$0.00 | CA$796.95K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$1.36 Million | CA$0.00 | CA$1.48 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$5.43 Million | CA$0.00 | CA$5.48 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$4.80 Million | CA$0.00 | CA$5.20 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$4.70 Million | CA$0.00 | CA$5.14 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$7.85 Million | CA$0.00 | CA$8.23 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$8.14 Million | CA$0.00 | CA$8.23 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$8.81 Million | CA$0.00 | CA$9.01 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$7.69 Million | CA$0.00 | CA$8.00 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$9.87 Million | CA$0.00 | CA$10.03 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$10.69 Million | CA$0.00 | CA$10.97 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$13.22 Million | CA$0.00 | CA$14.20 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$12.07 Million | CA$0.00 | CA$13.44 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$4.59 Million | CA$0.00 | CA$4.68 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$5.08 Million | CA$0.00 | CA$5.21 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$5.10 Million | CA$0.00 | CA$5.86 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$5.52 Million | CA$0.00 | CA$5.75 Million | — |