Horseshoe Metals Ltd (HOR) — Net Asset Quality Index
Horseshoe Metals Ltd (HOR) has a Net Asset Quality Index of -13.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$10.12 Million minus total liabilities of AU$11.47 Million yields net assets of AU$-1.36 Million. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Horseshoe Metals Ltd to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Horseshoe Metals Ltd Net Asset Quality Index Over Time (2009–2025)
This chart shows how Horseshoe Metals Ltd's Net Asset Quality Index has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the index stands at -13.4%, representing net assets of AU$-1.36 Million against total assets of AU$10.12 Million AUD. Explore cash flow conversion of Horseshoe Metals Ltd to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Horseshoe Metals Ltd (2009–2025)
The table below presents the year-by-year Net Asset Quality Index for Horseshoe Metals Ltd from 2009 to 2025, covering 17 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Horseshoe Metals Ltd.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -13.4% | AU$-1.36 Million | AU$10.12 Million | AU$11.47 Million | ▲ +0.7 pp |
| 2024 | -14.1% | AU$-1.25 Million | AU$8.86 Million | AU$10.11 Million | ▼ -7.5 pp |
| 2023 | -6.6% | AU$-560.53K | AU$8.54 Million | AU$9.10 Million | ▲ +12.0 pp |
| 2022 | -18.6% | AU$-1.53 Million | AU$8.26 Million | AU$9.79 Million | ▲ +3.1 pp |
| 2021 | -21.7% | AU$-1.84 Million | AU$8.47 Million | AU$10.30 Million | ▲ +17.4 pp |
| 2020 | -39.1% | AU$-2.81 Million | AU$7.17 Million | AU$9.98 Million | ▼ -3.6 pp |
| 2019 | -35.6% | AU$-2.43 Million | AU$6.82 Million | AU$9.25 Million | ▼ -7.1 pp |
| 2018 | -28.4% | AU$-1.88 Million | AU$6.61 Million | AU$8.49 Million | ▼ -9.9 pp |
| 2017 | -18.5% | AU$-1.24 Million | AU$6.71 Million | AU$7.95 Million | ▼ -36.3 pp |
| 2016 | 17.8% | AU$1.19 Million | AU$6.66 Million | AU$5.47 Million | ▼ -2.2 pp |
| 2015 | 20.1% | AU$1.34 Million | AU$6.67 Million | AU$5.33 Million | ▼ -18.7 pp |
| 2014 | 38.8% | AU$2.81 Million | AU$7.25 Million | AU$4.44 Million | ▲ +4.3 pp |
| 2013 | 34.5% | AU$2.41 Million | AU$6.98 Million | AU$4.57 Million | ▼ -34.2 pp |
| 2012 | 68.7% | AU$9.94 Million | AU$14.47 Million | AU$4.53 Million | ▲ +9.3 pp |
| 2011 | 59.4% | AU$6.33 Million | AU$10.66 Million | AU$4.33 Million | ▼ -14.3 pp |
| 2010 | 73.7% | AU$8.48 Million | AU$11.51 Million | AU$3.03 Million | ▲ +12.2 pp |
| 2009 | 61.5% | AU$4.25 Million | AU$6.90 Million | AU$2.66 Million | — |