U.S. GoldMining Inc. Common stock (USGO) — Net Asset Quality Index
U.S. GoldMining Inc. Common stock (USGO) has a Net Asset Quality Index of 96.8% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $192.91 Million minus total liabilities of $6.22 Million yields net assets of $186.70 Million. A higher index indicates a stronger, lower-leverage balance sheet. See USGO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
U.S. GoldMining Inc. Common stock Net Asset Quality Index Over Time (2020–2025)
This chart shows how U.S. GoldMining Inc. Common stock's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of February 2026, the index stands at 96.8%, representing net assets of $186.70 Million against total assets of $192.91 Million USD. Explore U.S. GoldMining Inc. Common stock (USGO) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for U.S. GoldMining Inc. Common stock (2020–2025)
The table below presents the year-by-year Net Asset Quality Index for U.S. GoldMining Inc. Common stock from 2020 to 2025, covering 6 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 U.S. GoldMining Inc. Common stock (USGO) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.1% | $7.61 Million | $8.45 Million | $836.57K | ▲ +3.8 pp |
| 2024 | 86.3% | $4.45 Million | $5.15 Million | $704.02K | ▼ -7.4 pp |
| 2023 | 93.8% | $12.21 Million | $13.02 Million | $811.04K | ▲ +652.6 pp |
| 2022 | -558.9% | $-1.28 Million | $229.62K | $1.51 Million | ▼ -498.8 pp |
| 2021 | -60.1% | $-264.33K | $439.79K | $704.12K | ▼ -68.3 pp |
| 2020 | 8.2% | $61.35K | $744.83K | $683.48K | — |