Korab Resources Ltd (KOR) — Net Asset Quality Index

Latest as of June 2024: 3.3%

Korab Resources Ltd (KOR) has a Net Asset Quality Index of 3.3% as of June 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$4.69 Million minus total liabilities of AU$4.53 Million yields net assets of AU$155.70K. A higher index indicates a stronger, lower-leverage balance sheet. Check KOR cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

3.3%
Equity / Total Assets

Net Assets

AU$155.70K
AUD

Total Assets

AU$4.69 Million
AUD

Total Liabilities

AU$4.53 Million
AUD

Korab Resources Ltd Net Asset Quality Index Over Time (2004–2024)

This chart shows how Korab Resources Ltd's Net Asset Quality Index has evolved across 21 annual periods from 2004 to 2024. As of June 2024, the index stands at 3.3%, representing net assets of AU$155.70K against total assets of AU$4.69 Million AUD. See how liquid is Korab Resources Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Korab Resources Ltd (2004–2024)

The table below presents the year-by-year Net Asset Quality Index for Korab Resources Ltd from 2004 to 2024, covering 21 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 Korab Resources Ltd.

Year Quality Index Net Assets (AUD) Total Assets Total Liabilities Change (pp)
2024 3.3% AU$155.70K AU$4.69 Million AU$4.53 Million ▼ -20.4 pp
2023 23.7% AU$1.09 Million AU$4.59 Million AU$3.50 Million ▼ -21.2 pp
2022 44.9% AU$2.45 Million AU$5.45 Million AU$3.00 Million ▲ +16.3 pp
2021 28.7% AU$1.25 Million AU$4.36 Million AU$3.11 Million ▼ -10.9 pp
2020 39.5% AU$1.78 Million AU$4.50 Million AU$2.72 Million ▼ -2.3 pp
2019 41.9% AU$1.70 Million AU$4.07 Million AU$2.36 Million ▼ -9.9 pp
2018 51.7% AU$1.99 Million AU$3.86 Million AU$1.86 Million ▼ -3.4 pp
2017 55.1% AU$1.97 Million AU$3.58 Million AU$1.61 Million ▲ +21.6 pp
2016 33.6% AU$958.97K AU$2.86 Million AU$1.90 Million ▼ -2.5 pp
2015 36.1% AU$1.08 Million AU$3.00 Million AU$1.92 Million ▲ +6.1 pp
2014 30.0% AU$809.31K AU$2.70 Million AU$1.89 Million ▼ -43.1 pp
2013 73.1% AU$5.06 Million AU$6.92 Million AU$1.86 Million ▼ -7.3 pp
2012 80.4% AU$5.04 Million AU$6.27 Million AU$1.23 Million ▲ +0.3 pp
2011 80.1% AU$4.44 Million AU$5.54 Million AU$1.11 Million ▲ +17.5 pp
2010 62.6% AU$1.91 Million AU$3.05 Million AU$1.14 Million ▼ -5.2 pp
2009 67.8% AU$3.61 Million AU$5.33 Million AU$1.72 Million ▼ -20.1 pp
2008 87.9% AU$5.11 Million AU$5.82 Million AU$705.23K ▼ -1.4 pp
2007 89.2% AU$4.09 Million AU$4.59 Million AU$494.22K ▼ -6.2 pp
2006 95.4% AU$3.30 Million AU$3.46 Million AU$159.49K ▼ -1.9 pp
2005 97.3% AU$744.25K AU$765.03K AU$20.78K ▲ +4.7 pp
2004 92.6% AU$224.00K AU$242.00K AU$18.00K
pp = percentage points