Steppe Gold Ltd (STGO) — Net Asset Quality Index
Steppe Gold Ltd (STGO) has a Net Asset Quality Index of 42.7% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$378.13 Million minus total liabilities of CA$216.62 Million yields net assets of CA$161.51 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read Steppe Gold Ltd (STGO) financial obligations for a breakdown of total debt and financial obligations.
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 March 2026, the index stands at 42.7%, representing net assets of CA$161.51 Million against total assets of CA$378.13 Million CAD. For live market cap and overall valuation, see market cap of Steppe Gold Ltd.
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. Check asset allocation strategy of Steppe Gold Ltd to assess the company's strategic physical and investment asset allocation.
| 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 | — |