North American Financial 15 (FFN) — Net Asset Quality Index
North American Financial 15 (FFN) has a Net Asset Quality Index of 41.5% as of May 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.01 Billion minus total liabilities of CA$588.15 Million yields net assets of CA$417.46 Million. A higher index indicates a stronger, lower-leverage balance sheet. See FFN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
North American Financial 15 Net Asset Quality Index Over Time (2006–2024)
This chart shows how North American Financial 15's Net Asset Quality Index has evolved across 19 annual periods from 2006 to 2024. As of May 2025, the index stands at 41.5%, representing net assets of CA$417.46 Million against total assets of CA$1.01 Billion CAD. Explore North American Financial 15 cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for North American Financial 15 (2006–2024)
The table below presents the year-by-year Net Asset Quality Index for North American Financial 15 from 2006 to 2024, covering 19 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 North American Financial 15 (FFN) market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 44.1% | CA$481.62 Million | CA$1.09 Billion | CA$610.93 Million | ▲ +16.5 pp |
| 2023 | 27.6% | CA$200.55 Million | CA$726.79 Million | CA$526.24 Million | ▼ -6.4 pp |
| 2022 | 34.0% | CA$276.12 Million | CA$812.44 Million | CA$536.32 Million | ▼ -4.9 pp |
| 2021 | 38.9% | CA$231.47 Million | CA$595.69 Million | CA$364.22 Million | ▲ +11.0 pp |
| 2020 | 27.9% | CA$64.90 Million | CA$232.66 Million | CA$167.76 Million | ▼ -10.5 pp |
| 2019 | 38.4% | CA$119.08 Million | CA$310.41 Million | CA$191.33 Million | ▲ +1.7 pp |
| 2018 | 36.6% | CA$110.63 Million | CA$301.93 Million | CA$191.30 Million | ▼ -7.1 pp |
| 2017 | 43.8% | CA$125.63 Million | CA$287.10 Million | CA$161.46 Million | ▲ +1.7 pp |
| 2016 | 42.1% | CA$66.75 Million | CA$158.54 Million | CA$91.80 Million | ▲ +3.1 pp |
| 2015 | 39.0% | CA$58.66 Million | CA$150.42 Million | CA$91.77 Million | ▼ -2.1 pp |
| 2014 | 41.1% | CA$53.79 Million | CA$130.82 Million | CA$77.02 Million | ▲ +2.5 pp |
| 2013 | 38.6% | CA$36.86 Million | CA$95.45 Million | CA$58.59 Million | ▲ +13.8 pp |
| 2012 | 24.8% | CA$19.37 Million | CA$78.09 Million | CA$58.71 Million | ▲ +6.6 pp |
| 2011 | 18.2% | CA$12.71 Million | CA$69.83 Million | CA$57.12 Million | ▼ -13.2 pp |
| 2010 | 31.4% | CA$26.16 Million | CA$83.38 Million | CA$57.22 Million | ▼ -2.9 pp |
| 2009 | 34.3% | CA$30.14 Million | CA$87.95 Million | CA$57.81 Million | ▲ +10.6 pp |
| 2008 | 23.7% | CA$19.83 Million | CA$83.63 Million | CA$63.79 Million | ▼ -33.8 pp |
| 2007 | 57.5% | CA$88.45 Million | CA$153.83 Million | CA$65.38 Million | ▼ -4.5 pp |
| 2006 | 62.0% | CA$110.86 Million | CA$178.82 Million | CA$67.97 Million | — |