Wescan Goldfields Inc (WGF) — Tangible Net Worth Ratio
Wescan Goldfields Inc (WGF) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$14.18K) 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 how fast is Wescan Goldfields Inc growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Wescan Goldfields Inc Tangible Net Worth Ratio (2016–2025)
This chart shows how Wescan Goldfields Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of CA$14.18K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see market cap of Wescan Goldfields Inc.
Annual Tangible Net Worth Ratio for Wescan Goldfields Inc (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Wescan Goldfields Inc from 2016 to 2025, 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. See WGF free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$14.18K | CA$0.00 | CA$576.35K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$120.40K | CA$0.00 | CA$221.23K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$29.33K | CA$0.00 | CA$120.51K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$131.32K | CA$0.00 | CA$226.84K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$57.07K | CA$0.00 | CA$388.58K | — |