Vertex Resource Group Ltd (VTX) — Tangible Net Worth Ratio

Latest as of March 2026: 88.9%

Vertex Resource Group Ltd (VTX) has a Tangible Net Worth Ratio of 88.9% as of March 2026. This metric is calculated by deducting intangible assets (CA$4.96 Million) from net assets (CA$44.90 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 VTX shareholders equity momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

88.9%
Tangible equity / total equity

Net Assets (Equity)

CA$44.90 Million
CAD

Intangible Assets

CA$4.96 Million
Goodwill, patents, brand value

Total Assets

CA$194.42 Million
CAD

Vertex Resource Group Ltd Tangible Net Worth Ratio (2015–2025)

This chart shows how Vertex Resource Group Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 88.9%, reflecting net assets of CA$44.90 Million with intangible assets of CA$4.96 Million CAD. For live market cap and overall valuation, see Vertex Resource Group Ltd market cap and net worth.

Annual Tangible Net Worth Ratio for Vertex Resource Group Ltd (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Vertex Resource Group Ltd from 2015 to 2025, 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. Explore VTX capital expenditure intensity 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)
2025 88.5% CA$46.19 Million CA$5.32 Million CA$192.90 Million ▼ -1.8 pp
2024 90.3% CA$60.00 Million CA$5.83 Million CA$217.46 Million ▲ +1.2 pp
2023 89.1% CA$66.91 Million CA$7.29 Million CA$244.77 Million ▲ +2.2 pp
2022 86.9% CA$64.74 Million CA$8.49 Million CA$254.42 Million ▼ -9.5 pp
2021 96.4% CA$49.70 Million CA$1.78 Million CA$186.57 Million ▼ -2.4 pp
2020 98.8% CA$48.04 Million CA$586.00K CA$151.20 Million ▲ +1.7 pp
2019 97.1% CA$53.55 Million CA$1.57 Million CA$171.92 Million ▼ -0.1 pp
2018 97.2% CA$65.69 Million CA$1.85 Million CA$184.82 Million ▲ +1.0 pp
2017 96.2% CA$59.77 Million CA$2.26 Million CA$144.16 Million ▲ +372.4 pp
2016 -276.2% CA$287.89K CA$1.08 Million CA$297.13K ▼ -376.2 pp
2015 100.0% CA$36.76 Million CA$0.00 CA$124.40 Million
pp = percentage points