Group Eleven Resources Corp (ZNG) — Tangible Net Worth Ratio

Latest as of September 2025: 100.0%

Group Eleven Resources Corp (ZNG) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$16.68 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 Group Eleven Resources Corp net asset momentum 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$16.68 Million
CAD

Intangible Assets

CA$0.00
Goodwill, patents, brand value

Total Assets

CA$17.62 Million
CAD

Group Eleven Resources Corp Tangible Net Worth Ratio (2015–2024)

This chart shows how Group Eleven Resources Corp's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$16.68 Million with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see how much is Group Eleven Resources Corp worth.

Annual Tangible Net Worth Ratio for Group Eleven Resources Corp (2015–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Group Eleven Resources Corp from 2015 to 2024, covering 10 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 ZNG capital reinvestment ratio 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)
2024 100.0% CA$9.97 Million CA$0.00 CA$10.73 Million ▲ +0.0 pp
2023 100.0% CA$11.45 Million CA$0.00 CA$12.34 Million ▲ +0.0 pp
2022 100.0% CA$9.36 Million CA$0.00 CA$10.11 Million ▲ +0.0 pp
2021 100.0% CA$9.32 Million CA$0.00 CA$9.93 Million ▲ +0.0 pp
2020 100.0% CA$10.57 Million CA$0.00 CA$11.32 Million ▲ +0.0 pp
2019 100.0% CA$8.98 Million CA$0.00 CA$9.91 Million ▲ +0.0 pp
2018 100.0% CA$10.47 Million CA$0.00 CA$11.03 Million ▲ +0.0 pp
2017 100.0% CA$13.55 Million CA$0.00 CA$14.19 Million ▲ +0.0 pp
2016 100.0% CA$1.73 Million CA$0.00 CA$1.93 Million ▲ +0.0 pp
2015 100.0% CA$100.00K CA$0.00 CA$119.59K
pp = percentage points