Largo Resources Ltd (LGO) — Net Asset Quality Index
Largo Resources Ltd (LGO) has a Net Asset Quality Index of 42.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$318.75 Million minus total liabilities of CA$182.22 Million yields net assets of CA$136.54 Million. A higher index indicates a stronger, lower-leverage balance sheet. See LGO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Largo Resources Ltd Net Asset Quality Index Over Time (2001–2025)
This chart shows how Largo Resources Ltd's Net Asset Quality Index has evolved across 25 annual periods from 2001 to 2025. As of December 2025, the index stands at 42.8%, representing net assets of CA$136.54 Million against total assets of CA$318.75 Million CAD. Explore Largo Resources Ltd (LGO) cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Largo Resources Ltd (2001–2025)
The table below presents the year-by-year Net Asset Quality Index for Largo Resources Ltd from 2001 to 2025, covering 25 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 value of Largo Resources Ltd.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 42.8% | CA$136.54 Million | CA$318.75 Million | CA$182.22 Million | ▼ -10.9 pp |
| 2024 | 53.7% | CA$171.23 Million | CA$318.67 Million | CA$147.44 Million | ▼ -13.3 pp |
| 2023 | 67.0% | CA$255.80 Million | CA$381.62 Million | CA$125.82 Million | ▼ -10.1 pp |
| 2022 | 77.2% | CA$274.55 Million | CA$355.75 Million | CA$81.20 Million | ▼ -7.5 pp |
| 2021 | 84.6% | CA$265.70 Million | CA$313.91 Million | CA$48.21 Million | ▲ +1.6 pp |
| 2020 | 83.0% | CA$247.16 Million | CA$297.81 Million | CA$50.64 Million | ▲ +6.9 pp |
| 2019 | 76.1% | CA$271.43 Million | CA$356.83 Million | CA$85.40 Million | ▲ +5.0 pp |
| 2018 | 71.0% | CA$288.34 Million | CA$405.88 Million | CA$117.54 Million | ▲ +51.0 pp |
| 2017 | 20.0% | CA$59.13 Million | CA$295.28 Million | CA$236.15 Million | ▲ +12.4 pp |
| 2016 | 7.6% | CA$19.96 Million | CA$262.85 Million | CA$242.89 Million | ▼ -2.8 pp |
| 2015 | 10.4% | CA$23.74 Million | CA$227.54 Million | CA$203.80 Million | ▼ -29.2 pp |
| 2014 | 39.7% | CA$142.77 Million | CA$359.93 Million | CA$217.16 Million | ▼ -11.1 pp |
| 2013 | 50.7% | CA$175.68 Million | CA$346.29 Million | CA$170.61 Million | ▼ -23.8 pp |
| 2012 | 74.5% | CA$181.15 Million | CA$243.17 Million | CA$62.03 Million | ▲ +20.7 pp |
| 2011 | 53.8% | CA$95.27 Million | CA$177.17 Million | CA$81.89 Million | ▼ -17.4 pp |
| 2010 | 71.1% | CA$46.32 Million | CA$65.11 Million | CA$18.80 Million | ▼ -2.1 pp |
| 2009 | 73.2% | CA$32.80 Million | CA$44.78 Million | CA$11.99 Million | ▲ +4.1 pp |
| 2008 | 69.1% | CA$25.11 Million | CA$36.31 Million | CA$11.20 Million | ▲ +7.0 pp |
| 2007 | 62.2% | CA$13.51 Million | CA$21.73 Million | CA$8.22 Million | ▼ -32.7 pp |
| 2006 | 94.9% | CA$6.10 Million | CA$6.43 Million | CA$328.51K | ▲ +6.1 pp |
| 2005 | 88.8% | CA$3.84 Million | CA$4.32 Million | CA$484.00K | ▼ -1.1 pp |
| 2004 | 89.9% | CA$2.69 Million | CA$2.99 Million | CA$303.41K | ▼ -6.6 pp |
| 2003 | 96.4% | CA$305.52K | CA$316.87K | CA$11.35K | ▲ +45.3 pp |
| 2002 | 51.2% | CA$45.42K | CA$88.78K | CA$43.36K | ▲ +1111.5 pp |
| 2001 | -1060.4% | CA$-46.86K | CA$4.42K | CA$51.28K | — |