Cardinal Energy Ltd (CJ) — Net Asset Quality Index

Latest as of March 2026: 66.3%

Cardinal Energy Ltd (CJ) has a Net Asset Quality Index of 66.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.40 Billion minus total liabilities of CA$469.85 Million yields net assets of CA$925.38 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of Cardinal Energy Ltd to evaluate the company's liquid asset resilience ratio.

Quality Index

66.3%
Equity / Total Assets

Net Assets

CA$925.38 Million
CAD

Total Assets

CA$1.40 Billion
CAD

Total Liabilities

CA$469.85 Million
CAD

Cardinal Energy Ltd Net Asset Quality Index Over Time (2012–2025)

This chart shows how Cardinal Energy Ltd's Net Asset Quality Index has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the index stands at 66.3%, representing net assets of CA$925.38 Million against total assets of CA$1.40 Billion CAD. See Cardinal Energy Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Cardinal Energy Ltd (2012–2025)

The table below presents the year-by-year Net Asset Quality Index for Cardinal Energy Ltd from 2012 to 2025, covering 14 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 Cardinal Energy Ltd market capitalisation.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 61.6% CA$835.47 Million CA$1.36 Billion CA$521.74 Million ▼ -9.2 pp
2024 70.8% CA$918.26 Million CA$1.30 Billion CA$378.72 Million ▼ -6.7 pp
2023 77.5% CA$920.69 Million CA$1.19 Billion CA$267.16 Million ▼ -2.6 pp
2022 80.1% CA$925.37 Million CA$1.16 Billion CA$229.64 Million ▲ +13.3 pp
2021 66.9% CA$719.23 Million CA$1.08 Billion CA$356.60 Million ▲ +17.1 pp
2020 49.8% CA$372.85 Million CA$749.13 Million CA$376.29 Million ▼ -14.4 pp
2019 64.2% CA$737.90 Million CA$1.15 Billion CA$411.93 Million ▼ -1.5 pp
2018 65.7% CA$792.62 Million CA$1.21 Billion CA$413.71 Million ▲ +4.7 pp
2017 61.0% CA$749.96 Million CA$1.23 Billion CA$478.63 Million ▼ -7.8 pp
2016 68.8% CA$651.08 Million CA$946.24 Million CA$295.16 Million ▼ -1.8 pp
2015 70.6% CA$680.45 Million CA$964.33 Million CA$283.89 Million ▼ -11.3 pp
2014 81.9% CA$747.93 Million CA$913.25 Million CA$165.32 Million ▼ -1.7 pp
2013 83.6% CA$336.86 Million CA$403.17 Million CA$66.31 Million ▲ +8.7 pp
2012 74.8% CA$61.31 Million CA$81.93 Million CA$20.62 Million
pp = percentage points