Xali Gold Corp (XGC) — Tangible Net Worth Ratio
Xali Gold Corp (XGC) has a Tangible Net Worth Ratio of 100.0% as of March 2018. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$7.17 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. See working capital to net assets of Xali Gold Corp to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Xali Gold Corp Tangible Net Worth Ratio (2017–2018)
This chart shows how Xali Gold Corp's Tangible Net Worth Ratio has changed across 2 annual periods from 2017 to 2018. As of March 2018, the ratio stands at 100.0%, reflecting net assets of CA$7.17 Million with intangible assets of CA$0.00 CAD. See defensive interval ratio of Xali Gold Corp to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Xali Gold Corp (2017–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Xali Gold Corp from 2017 to 2018, covering 2 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 the full company profile including market capitalisation, see Xali Gold Corp market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 100.0% | CA$7.17 Million | CA$0.00 | CA$8.50 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$7.63 Million | CA$0.00 | CA$8.66 Million | — |