Lundin Mining Corporation (LUN) — Net Asset Quality Index
Lundin Mining Corporation (LUN) has a Net Asset Quality Index of 74.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$10.98 Billion minus total liabilities of CA$2.75 Billion yields net assets of CA$8.22 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See LUN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Lundin Mining Corporation Net Asset Quality Index Over Time (2001–2025)
This chart shows how Lundin Mining Corporation's Net Asset Quality Index has evolved across 25 annual periods from 2001 to 2025. As of March 2026, the index stands at 74.9%, representing net assets of CA$8.22 Billion against total assets of CA$10.98 Billion CAD. Explore LUN cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Lundin Mining Corporation (2001–2025)
The table below presents the year-by-year Net Asset Quality Index for Lundin Mining Corporation 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 Lundin Mining Corporation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 73.4% | CA$7.93 Billion | CA$10.80 Billion | CA$2.87 Billion | ▲ +20.4 pp |
| 2024 | 53.0% | CA$5.51 Billion | CA$10.40 Billion | CA$4.89 Billion | ▼ -6.1 pp |
| 2023 | 59.1% | CA$6.37 Billion | CA$10.78 Billion | CA$4.41 Billion | ▼ -7.3 pp |
| 2022 | 66.4% | CA$5.48 Billion | CA$8.25 Billion | CA$2.77 Billion | ▲ +1.0 pp |
| 2021 | 65.4% | CA$4.95 Billion | CA$7.57 Billion | CA$2.62 Billion | ▲ +1.7 pp |
| 2020 | 63.7% | CA$4.49 Billion | CA$7.04 Billion | CA$2.56 Billion | ▲ +1.6 pp |
| 2019 | 62.1% | CA$4.19 Billion | CA$6.74 Billion | CA$2.55 Billion | ▼ -8.5 pp |
| 2018 | 70.7% | CA$4.21 Billion | CA$5.95 Billion | CA$1.75 Billion | ▲ +4.6 pp |
| 2017 | 66.0% | CA$4.09 Billion | CA$6.19 Billion | CA$2.10 Billion | ▲ +7.0 pp |
| 2016 | 59.1% | CA$3.60 Billion | CA$6.09 Billion | CA$2.49 Billion | ▼ -3.6 pp |
| 2015 | 62.6% | CA$4.26 Billion | CA$6.80 Billion | CA$2.54 Billion | ▼ -0.7 pp |
| 2014 | 63.3% | CA$4.86 Billion | CA$7.68 Billion | CA$2.82 Billion | ▼ -19.5 pp |
| 2013 | 82.8% | CA$3.87 Billion | CA$4.67 Billion | CA$803.61 Million | ▼ -4.3 pp |
| 2012 | 87.1% | CA$3.47 Billion | CA$3.98 Billion | CA$514.01 Million | ▲ +1.7 pp |
| 2011 | 85.3% | CA$3.30 Billion | CA$3.87 Billion | CA$567.34 Million | ▲ +2.9 pp |
| 2010 | 82.4% | CA$3.13 Billion | CA$3.80 Billion | CA$668.27 Million | ▲ +4.5 pp |
| 2009 | 77.9% | CA$2.91 Billion | CA$3.73 Billion | CA$822.17 Million | ▲ +6.7 pp |
| 2008 | 71.3% | CA$3.00 Billion | CA$4.21 Billion | CA$1.21 Billion | ▼ -5.2 pp |
| 2007 | 76.5% | CA$3.55 Billion | CA$4.64 Billion | CA$1.09 Billion | ▲ +0.8 pp |
| 2006 | 75.7% | CA$2.14 Billion | CA$2.83 Billion | CA$687.51 Million | ▲ +15.4 pp |
| 2005 | 60.3% | CA$245.58 Million | CA$407.54 Million | CA$161.96 Million | ▲ +6.8 pp |
| 2004 | 53.5% | CA$172.68 Million | CA$322.75 Million | CA$150.07 Million | ▼ -32.3 pp |
| 2003 | 85.8% | CA$13.22 Million | CA$15.40 Million | CA$2.18 Million | ▲ +33.9 pp |
| 2002 | 52.0% | CA$3.81 Million | CA$7.32 Million | CA$3.52 Million | ▲ +10.8 pp |
| 2001 | 41.2% | CA$1.83 Million | CA$4.44 Million | CA$2.61 Million | — |