Petro-Victory Energy Corp (VRY) — Tangible Net Worth Ratio
Petro-Victory Energy Corp (VRY) 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$1.91 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. Also explore VRY net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Petro-Victory Energy Corp Tangible Net Worth Ratio (2014–2023)
This chart shows how Petro-Victory Energy Corp's Tangible Net Worth Ratio has changed across 5 annual periods from 2014 to 2023. As of March 2024, the ratio stands at 100.0%, reflecting net assets of CA$1.91 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see market value of Petro-Victory Energy Corp.
Annual Tangible Net Worth Ratio for Petro-Victory Energy Corp (2014–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Petro-Victory Energy Corp from 2014 to 2023, covering 5 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. Explore Petro-Victory Energy Corp capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$697.00K | CA$0.00 | CA$13.22 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$2.98 Million | CA$0.00 | CA$14.12 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$405.93K | CA$0.00 | CA$8.93 Million | ▲ +232.6 pp |
| 2015 | -132.6% | CA$3.44 Million | CA$8.00 Million | CA$8.48 Million | ▼ -129.9 pp |
| 2014 | -2.7% | CA$63.58 Million | CA$65.32 Million | CA$66.36 Million | — |