NextSource Materials Inc (NEXT) — Net Asset Quality Index
NextSource Materials Inc (NEXT) has a Net Asset Quality Index of 28.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$81.07 Million minus total liabilities of CA$58.04 Million yields net assets of CA$23.03 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of NextSource Materials Inc to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
NextSource Materials Inc Net Asset Quality Index Over Time (2005–2025)
This chart shows how NextSource Materials Inc's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the index stands at 28.4%, representing net assets of CA$23.03 Million against total assets of CA$81.07 Million CAD. See working capital to net assets of NextSource Materials Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for NextSource Materials Inc (2005–2025)
The table below presents the year-by-year Net Asset Quality Index for NextSource Materials Inc from 2005 to 2025, covering 21 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 NEXT stock market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 48.7% | CA$40.99 Million | CA$84.20 Million | CA$43.21 Million | ▼ -7.7 pp |
| 2024 | 56.3% | CA$52.30 Million | CA$92.85 Million | CA$40.55 Million | ▲ +8.8 pp |
| 2023 | 47.6% | CA$25.20 Million | CA$52.98 Million | CA$27.77 Million | ▲ +58.0 pp |
| 2022 | -10.5% | CA$-3.06 Million | CA$29.30 Million | CA$32.36 Million | ▲ +86.7 pp |
| 2021 | -97.1% | CA$-26.15 Million | CA$26.92 Million | CA$53.07 Million | ▲ +235.9 pp |
| 2020 | -333.0% | CA$-910.62K | CA$273.44K | CA$1.18 Million | ▼ -224.5 pp |
| 2019 | -108.6% | CA$-665.89K | CA$613.40K | CA$1.28 Million | ▼ -76.9 pp |
| 2018 | -31.7% | CA$-124.87K | CA$394.48K | CA$519.35K | ▼ -111.8 pp |
| 2017 | 80.2% | CA$1.66 Million | CA$2.07 Million | CA$410.27K | ▲ +70.3 pp |
| 2016 | 9.8% | CA$58.30K | CA$592.22K | CA$533.92K | ▲ +50.3 pp |
| 2015 | -40.4% | CA$-407.26K | CA$1.01 Million | CA$1.41 Million | ▲ +46.4 pp |
| 2014 | -86.8% | CA$-1.71 Million | CA$1.97 Million | CA$3.68 Million | ▼ -121.0 pp |
| 2013 | 34.2% | CA$417.31K | CA$1.22 Million | CA$803.13K | ▼ -27.0 pp |
| 2012 | 61.2% | CA$2.60 Million | CA$4.25 Million | CA$1.65 Million | ▼ -33.3 pp |
| 2011 | 94.5% | CA$12.06 Million | CA$12.76 Million | CA$702.48K | ▲ +8.9 pp |
| 2010 | 85.6% | CA$2.45 Million | CA$2.86 Million | CA$413.12K | ▼ -9.8 pp |
| 2009 | 95.4% | CA$3.17 Million | CA$3.33 Million | CA$154.58K | ▲ +8.6 pp |
| 2008 | 86.7% | CA$5.14 Million | CA$5.92 Million | CA$785.62K | ▲ +1.8 pp |
| 2007 | 85.0% | CA$11.30 Million | CA$13.30 Million | CA$2.00 Million | ▲ +1.2 pp |
| 2006 | 83.7% | CA$472.69K | CA$564.43K | CA$91.75K | ▲ +0.7 pp |
| 2005 | 83.0% | CA$26.96K | CA$32.47K | CA$5.51K | — |