North American Construction Group Ltd Net Asset Quality Index
North American Construction Group Ltd net asset quality index. North American Construction Group Ltd (NOA) has a Net Asset Quality Index of 25.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.88 Billion minus total liabilities of CA$1.40 Billion yields net assets of CA$473.97 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is North American Construction Group Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of North American Construction Group Ltd (1999–2025)
Net asset quality index of North American Construction Group Ltd from 1999 to 2025. This chart shows how North American Construction Group Ltd's Net Asset Quality Index has evolved across 27 annual periods from 1999 to 2025. As of March 2026, the index stands at 25.3%, representing net assets of CA$473.97 Million against total assets of CA$1.88 Billion CAD. See North American Construction Group Ltd net assets for net asset value and shareholders' equity analysis.
North American Construction Group Ltd Net Asset Quality Index by Year (1999–2025)
North American Construction Group Ltd net asset quality index by year from 1999 to 2025. The table below presents the year-by-year Net Asset Quality Index for North American Construction Group Ltd from 1999 to 2025, 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 live market cap and overall valuation, see NOA stock market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 25.1% | CA$456.62 Million | CA$1.82 Billion | CA$1.36 Billion | ▲ +2.1 pp |
| 2024 | 23.0% | CA$388.90 Million | CA$1.69 Billion | CA$1.31 Billion | ▼ -0.1 pp |
| 2023 | 23.1% | CA$356.65 Million | CA$1.55 Billion | CA$1.19 Billion | ▼ -8.2 pp |
| 2022 | 31.2% | CA$305.92 Million | CA$979.51 Million | CA$673.59 Million | ▼ -0.8 pp |
| 2021 | 32.0% | CA$278.46 Million | CA$869.28 Million | CA$590.82 Million | ▲ +2.4 pp |
| 2020 | 29.6% | CA$248.44 Million | CA$838.93 Million | CA$590.49 Million | ▲ +6.9 pp |
| 2019 | 22.7% | CA$180.12 Million | CA$792.65 Million | CA$612.53 Million | ▲ +0.9 pp |
| 2018 | 21.8% | CA$150.22 Million | CA$689.80 Million | CA$539.59 Million | ▼ -16.3 pp |
| 2017 | 38.0% | CA$145.92 Million | CA$383.64 Million | CA$237.72 Million | ▼ -7.4 pp |
| 2016 | 45.4% | CA$158.95 Million | CA$350.08 Million | CA$191.13 Million | ▼ -2.2 pp |
| 2015 | 47.6% | CA$171.62 Million | CA$360.69 Million | CA$189.08 Million | ▲ +6.1 pp |
| 2014 | 41.5% | CA$189.58 Million | CA$456.58 Million | CA$267.00 Million | ▼ -1.5 pp |
| 2013 | 43.0% | CA$191.84 Million | CA$445.64 Million | CA$253.81 Million | ▲ +23.7 pp |
| 2012 | 19.4% | CA$127.94 Million | CA$659.94 Million | CA$531.99 Million | ▲ +2.3 pp |
| 2011 | 17.0% | CA$127.78 Million | CA$749.99 Million | CA$622.21 Million | ▼ -4.5 pp |
| 2010 | 21.6% | CA$147.27 Million | CA$682.96 Million | CA$535.69 Million | ▼ -4.2 pp |
| 2009 | 25.8% | CA$181.06 Million | CA$702.62 Million | CA$521.56 Million | ▲ +2.4 pp |
| 2008 | 23.4% | CA$147.44 Million | CA$630.05 Million | CA$482.62 Million | ▼ -12.3 pp |
| 2007 | 35.7% | CA$283.36 Million | CA$793.60 Million | CA$510.23 Million | ▲ +1.3 pp |
| 2006 | 34.4% | CA$244.28 Million | CA$710.74 Million | CA$466.46 Million | ▲ +25.4 pp |
| 2005 | 8.9% | CA$52.53 Million | CA$586.91 Million | CA$534.39 Million | ▼ -5.0 pp |
| 2004 | 14.0% | CA$73.54 Million | CA$526.67 Million | CA$453.13 Million | ▼ -11.2 pp |
| 2003 | 25.1% | CA$123.08 Million | CA$489.39 Million | CA$366.31 Million | ▲ +6.3 pp |
| 2002 | 18.8% | CA$29.82 Million | CA$158.58 Million | CA$128.77 Million | ▲ +4.4 pp |
| 2001 | 14.4% | CA$17.38 Million | CA$120.43 Million | CA$103.05 Million | ▲ +1.5 pp |
| 2000 | 12.9% | CA$16.77 Million | CA$129.53 Million | CA$112.76 Million | ▼ -4.2 pp |
| 1999 | 17.2% | CA$16.68 Million | CA$97.24 Million | CA$80.56 Million | — |