Ximen Mining Corp (XIM) — Tangible Net Worth Ratio
Ximen Mining Corp (XIM) has a Tangible Net Worth Ratio of 84.5% as of December 2023. This metric is calculated by deducting intangible assets (CA$104.36K) from net assets (CA$674.77K) 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 XIM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ximen Mining Corp Tangible Net Worth Ratio (2007–2023)
This chart shows how Ximen Mining Corp's Tangible Net Worth Ratio has changed across 13 annual periods from 2007 to 2023. As of December 2023, the ratio stands at 84.5%, reflecting net assets of CA$674.77K with intangible assets of CA$104.36K CAD. See XIM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Ximen Mining Corp (2007–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Ximen Mining Corp from 2007 to 2023, covering 13 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 market value of Ximen Mining Corp.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 92.8% | CA$1.45 Million | CA$104.36K | CA$3.22 Million | ▼ -3.7 pp |
| 2022 | 96.5% | CA$2.98 Million | CA$104.36K | CA$4.46 Million | ▲ +0.8 pp |
| 2021 | 95.7% | CA$2.34 Million | CA$100.00K | CA$3.21 Million | ▼ -4.3 pp |
| 2020 | 100.0% | CA$2.30 Million | CA$0.00 | CA$4.09 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$513.18K | CA$0.00 | CA$2.85 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$170.83K | CA$0.00 | CA$392.05K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$209.07K | CA$0.00 | CA$509.57K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$115.59K | CA$0.00 | CA$767.38K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$921.93K | CA$0.00 | CA$1.13 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$475.26K | CA$0.00 | CA$515.09K | ▲ +0.0 pp |
| 2009 | 100.0% | CA$171.75K | CA$0.00 | CA$252.75K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$903.38K | CA$0.00 | CA$946.08K | ▲ +0.0 pp |
| 2007 | 100.0% | CA$493.68K | CA$0.00 | CA$525.12K | — |