Steppe Gold Ltd (STGO) — Net Asset Quality Index
Steppe Gold Ltd (STGO) has a Net Asset Quality Index of 39.9% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$358.38 Million minus total liabilities of CA$215.55 Million yields net assets of CA$142.82 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check STGO asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Steppe Gold Ltd Net Asset Quality Index Over Time (2016–2025)
This chart shows how Steppe Gold Ltd's Net Asset Quality Index has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the index stands at 39.9%, representing net assets of CA$142.82 Million against total assets of CA$358.38 Million CAD. See Steppe Gold Ltd (STGO) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Steppe Gold Ltd (2016–2025)
The table below presents the year-by-year Net Asset Quality Index for Steppe Gold Ltd from 2016 to 2025, covering 10 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 STGO market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 39.9% | CA$142.82 Million | CA$358.38 Million | CA$215.55 Million | ▲ +8.6 pp |
| 2024 | 31.3% | CA$110.06 Million | CA$352.14 Million | CA$242.08 Million | ▼ -17.6 pp |
| 2023 | 48.8% | CA$48.00 Million | CA$98.29 Million | CA$50.29 Million | ▲ +25.1 pp |
| 2022 | 23.7% | CA$17.22 Million | CA$72.66 Million | CA$55.44 Million | ▲ +18.9 pp |
| 2021 | 4.8% | CA$7.01 Million | CA$146.28 Million | CA$139.26 Million | ▼ -43.3 pp |
| 2020 | 48.0% | CA$41.33 Million | CA$86.01 Million | CA$44.69 Million | ▲ +27.3 pp |
| 2019 | 20.7% | CA$11.07 Million | CA$53.44 Million | CA$42.37 Million | ▼ -17.4 pp |
| 2018 | 38.1% | CA$16.61 Million | CA$43.55 Million | CA$26.94 Million | ▲ +24.5 pp |
| 2017 | 13.7% | CA$3.59 Million | CA$26.29 Million | CA$22.70 Million | ▼ -26.0 pp |
| 2016 | 39.6% | CA$114.35K | CA$288.59K | CA$174.24K | — |