Visible Gold Mines Inc Tangible Net Worth Ratio
Visible Gold Mines Inc 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. Check VGD PP&E to net assets ratio 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 Visible Gold Mines Inc (2007–2023)
Tangible net worth ratio of Visible Gold Mines Inc from 2007 to 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. See Visible Gold Mines Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Visible Gold Mines Inc Tangible Net Worth Ratio by Year (2007–2023)
Visible Gold Mines Inc tangible net worth ratio by year from 2007 to 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 live market cap and overall valuation, see Visible Gold Mines Inc stock valuation.
| 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 | — |