Whitemud Resources Inc (WMK) — Tangible Net Worth Ratio

Latest as of September 2021: 100.0%

Whitemud Resources Inc (WMK) has a Tangible Net Worth Ratio of 100.0% as of September 2021. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$1.30 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 how fast is Whitemud Resources Inc growing its equity to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CA$1.30 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$3.67 Million
CAD

Whitemud Resources Inc Tangible Net Worth Ratio (2020–2020)

This chart shows how Whitemud Resources Inc's Tangible Net Worth Ratio has changed across 1 annual periods from 2020 to 2020. As of September 2021, the ratio stands at 100.0%, reflecting net assets of CA$1.30 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see WMK stock market capitalisation.

Annual Tangible Net Worth Ratio for Whitemud Resources Inc (2020–2020)

The table below presents the year-by-year Tangible Net Worth Ratio for Whitemud Resources Inc from 2020 to 2020, covering 1 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 reinvestment intensity of Whitemud Resources Inc 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)
2020 100.0% CA$1.51 Million CA$0.00 CA$7.43 Million
pp = percentage points