Lundin Gold Inc (LUG) — Net Asset Quality Index
Lundin Gold Inc (LUG) has a Net Asset Quality Index of 80.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.64 Billion minus total liabilities of CA$316.25 Million yields net assets of CA$1.32 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check LUG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Lundin Gold Inc Net Asset Quality Index Over Time (1998–2024)
This chart shows how Lundin Gold Inc's Net Asset Quality Index has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the index stands at 80.7%, representing net assets of CA$1.32 Billion against total assets of CA$1.64 Billion CAD. See Lundin Gold Inc (LUG) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Lundin Gold Inc (1998–2024)
The table below presents the year-by-year Net Asset Quality Index for Lundin Gold Inc from 1998 to 2024, covering 27 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 LUG market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 79.6% | CA$1.22 Billion | CA$1.53 Billion | CA$311.18 Million | ▲ +14.5 pp |
| 2023 | 65.1% | CA$955.81 Million | CA$1.47 Billion | CA$512.40 Million | ▲ +14.0 pp |
| 2022 | 51.1% | CA$852.08 Million | CA$1.67 Billion | CA$816.78 Million | ▲ +2.7 pp |
| 2021 | 48.3% | CA$814.48 Million | CA$1.69 Billion | CA$870.64 Million | ▲ +9.3 pp |
| 2020 | 39.0% | CA$586.86 Million | CA$1.51 Billion | CA$918.50 Million | ▲ +5.9 pp |
| 2019 | 33.1% | CA$466.82 Million | CA$1.41 Billion | CA$942.14 Million | ▼ -25.9 pp |
| 2018 | 59.1% | CA$598.04 Million | CA$1.01 Billion | CA$414.42 Million | ▲ +10.3 pp |
| 2017 | 48.8% | CA$234.85 Million | CA$481.73 Million | CA$246.88 Million | ▼ -48.0 pp |
| 2016 | 96.7% | CA$269.74 Million | CA$278.91 Million | CA$9.16 Million | ▼ -0.8 pp |
| 2015 | 97.6% | CA$260.88 Million | CA$267.40 Million | CA$6.52 Million | ▼ -0.4 pp |
| 2014 | 98.0% | CA$311.57 Million | CA$318.03 Million | CA$6.46 Million | ▼ -1.7 pp |
| 2013 | 99.7% | CA$21.29 Million | CA$21.36 Million | CA$69.96K | ▼ -0.2 pp |
| 2012 | 99.9% | CA$22.93 Million | CA$22.97 Million | CA$33.03K | ▼ 0.0 pp |
| 2011 | 99.9% | CA$22.74 Million | CA$22.77 Million | CA$29.51K | ▲ +1.0 pp |
| 2010 | 98.9% | CA$9.17 Million | CA$9.27 Million | CA$104.67K | ▲ +2.2 pp |
| 2009 | 96.7% | CA$18.10 Million | CA$18.73 Million | CA$626.43K | ▼ -1.5 pp |
| 2008 | 98.2% | CA$19.75 Million | CA$20.12 Million | CA$369.12K | ▲ +21.4 pp |
| 2007 | 76.8% | CA$3.46 Million | CA$4.51 Million | CA$1.05 Million | ▼ -20.6 pp |
| 2006 | 97.4% | CA$24.57 Million | CA$25.22 Million | CA$647.67K | ▼ -0.1 pp |
| 2005 | 97.5% | CA$6.60 Million | CA$6.77 Million | CA$166.05K | ▲ +7.0 pp |
| 2004 | 90.6% | CA$4.77 Million | CA$5.27 Million | CA$495.68K | ▲ +28.7 pp |
| 2003 | 61.9% | CA$135.70K | CA$219.39K | CA$83.69K | ▼ -21.9 pp |
| 2002 | 83.8% | CA$275.50K | CA$328.89K | CA$53.39K | ▼ -12.3 pp |
| 2001 | 96.0% | CA$1.16 Million | CA$1.21 Million | CA$47.95K | ▼ -2.3 pp |
| 2000 | 98.4% | CA$1.21 Million | CA$1.23 Million | CA$20.21K | ▲ +359.4 pp |
| 1999 | -261.1% | CA$-67.88K | CA$26.00K | CA$93.88K | ▼ -324.0 pp |
| 1998 | 62.9% | CA$31.63K | CA$50.28K | CA$18.65K | — |