Thinkific Labs Inc (THNC) — Net Asset Quality Index
Thinkific Labs Inc (THNC) has a Net Asset Quality Index of 67.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$61.66 Million minus total liabilities of CA$19.80 Million yields net assets of CA$41.86 Million. A higher index indicates a stronger, lower-leverage balance sheet. See THNC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Thinkific Labs Inc Net Asset Quality Index Over Time (2019–2025)
This chart shows how Thinkific Labs Inc's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the index stands at 67.9%, representing net assets of CA$41.86 Million against total assets of CA$61.66 Million CAD. Explore Thinkific Labs Inc cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Thinkific Labs Inc (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for Thinkific Labs Inc from 2019 to 2025, covering 7 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 Thinkific Labs Inc.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 68.9% | CA$43.18 Million | CA$62.66 Million | CA$19.49 Million | ▲ +1.1 pp |
| 2024 | 67.8% | CA$41.59 Million | CA$61.37 Million | CA$19.77 Million | ▼ -16.0 pp |
| 2023 | 83.8% | CA$81.94 Million | CA$97.79 Million | CA$15.85 Million | ▼ -1.5 pp |
| 2022 | 85.3% | CA$87.85 Million | CA$102.97 Million | CA$15.12 Million | ▼ -6.5 pp |
| 2021 | 91.9% | CA$121.61 Million | CA$132.40 Million | CA$10.79 Million | ▲ +50.8 pp |
| 2020 | 41.0% | CA$5.31 Million | CA$12.94 Million | CA$7.63 Million | ▲ +12.5 pp |
| 2019 | 28.5% | CA$1.63 Million | CA$5.71 Million | CA$4.08 Million | — |