Golden State Mining Ltd (GSM) — Net Asset Quality Index
Golden State Mining Ltd (GSM) has a Net Asset Quality Index of 42.8% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$727.10K minus total liabilities of AU$416.04K yields net assets of AU$311.06K. A higher index indicates a stronger, lower-leverage balance sheet. See GSM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Golden State Mining Ltd Net Asset Quality Index Over Time (2018–2025)
This chart shows how Golden State Mining Ltd's Net Asset Quality Index has evolved across 8 annual periods from 2018 to 2025. As of June 2025, the index stands at 42.8%, representing net assets of AU$311.06K against total assets of AU$727.10K AUD. Explore GSM cash flow metrics to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Golden State Mining Ltd (2018–2025)
The table below presents the year-by-year Net Asset Quality Index for Golden State Mining Ltd from 2018 to 2025, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Golden State Mining Ltd.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 42.8% | AU$311.06K | AU$727.10K | AU$416.04K | ▼ -35.1 pp |
| 2024 | 77.9% | AU$1.51 Million | AU$1.94 Million | AU$428.36K | ▲ +2.6 pp |
| 2023 | 75.2% | AU$1.66 Million | AU$2.20 Million | AU$545.66K | ▼ -10.3 pp |
| 2022 | 85.6% | AU$3.54 Million | AU$4.13 Million | AU$597.06K | ▼ -3.5 pp |
| 2021 | 89.1% | AU$4.01 Million | AU$4.50 Million | AU$492.63K | ▲ +7.8 pp |
| 2020 | 81.3% | AU$2.11 Million | AU$2.60 Million | AU$487.18K | ▼ -1.7 pp |
| 2019 | 83.0% | AU$2.39 Million | AU$2.88 Million | AU$489.69K | ▲ +19.8 pp |
| 2018 | 63.2% | AU$200.73K | AU$317.82K | AU$117.10K | — |