TRX Gold Corporation Net Asset Quality Index
TRX Gold Corporation net asset quality index. TRX Gold Corporation (TNX) has a Net Asset Quality Index of 70.7% as of November 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$87.06 Million minus total liabilities of CA$25.53 Million yields net assets of CA$61.53 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check TNX cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of TRX Gold Corporation (1998–2023)
Net asset quality index of TRX Gold Corporation from 1998 to 2023. This chart shows how TRX Gold Corporation's Net Asset Quality Index has evolved across 26 annual periods from 1998 to 2023. As of November 2023, the index stands at 70.7%, representing net assets of CA$61.53 Million against total assets of CA$87.06 Million CAD. See TRX Gold Corporation net assets for net asset value and shareholders' equity analysis.
TRX Gold Corporation Net Asset Quality Index by Year (1998–2023)
TRX Gold Corporation net asset quality index by year from 1998 to 2023. The table below presents the year-by-year Net Asset Quality Index for TRX Gold Corporation from 1998 to 2023, covering 26 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 TNX market cap overview.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 72.5% | CA$61.06 Million | CA$84.20 Million | CA$23.14 Million | ▲ +1.3 pp |
| 2022 | 71.2% | CA$51.16 Million | CA$71.84 Million | CA$20.69 Million | ▼ -10.9 pp |
| 2021 | 82.1% | CA$46.42 Million | CA$56.52 Million | CA$10.09 Million | ▲ +16.9 pp |
| 2020 | 65.2% | CA$24.83 Million | CA$38.07 Million | CA$13.25 Million | ▲ +13.6 pp |
| 2019 | 51.6% | CA$14.71 Million | CA$28.52 Million | CA$13.81 Million | ▼ -12.9 pp |
| 2018 | 64.5% | CA$26.43 Million | CA$40.99 Million | CA$14.56 Million | ▼ -6.1 pp |
| 2017 | 70.6% | CA$28.72 Million | CA$40.68 Million | CA$11.96 Million | ▲ +0.1 pp |
| 2016 | 70.5% | CA$35.16 Million | CA$49.89 Million | CA$14.73 Million | ▼ -16.3 pp |
| 2015 | 86.8% | CA$34.79 Million | CA$40.11 Million | CA$5.31 Million | ▼ -10.8 pp |
| 2014 | 97.6% | CA$47.37 Million | CA$48.55 Million | CA$1.19 Million | ▲ +7.7 pp |
| 2013 | 89.9% | CA$49.63 Million | CA$55.20 Million | CA$5.57 Million | ▲ +9.7 pp |
| 2012 | 80.2% | CA$51.11 Million | CA$63.70 Million | CA$12.59 Million | ▼ -11.8 pp |
| 2011 | 92.0% | CA$64.03 Million | CA$69.58 Million | CA$5.55 Million | ▼ -0.5 pp |
| 2010 | 92.5% | CA$28.59 Million | CA$30.92 Million | CA$2.32 Million | ▼ -5.2 pp |
| 2009 | 97.7% | CA$26.11 Million | CA$26.74 Million | CA$624.67K | ▼ -0.2 pp |
| 2008 | 97.8% | CA$24.83 Million | CA$25.38 Million | CA$550.54K | ▲ +0.5 pp |
| 2007 | 97.3% | CA$23.42 Million | CA$24.07 Million | CA$642.71K | ▲ +0.2 pp |
| 2006 | 97.1% | CA$21.87 Million | CA$22.52 Million | CA$647.44K | ▼ -1.2 pp |
| 2005 | 98.3% | CA$18.42 Million | CA$18.74 Million | CA$322.00K | ▲ +1.9 pp |
| 2004 | 96.4% | CA$16.22 Million | CA$16.83 Million | CA$605.05K | ▲ +1.6 pp |
| 2003 | 94.8% | CA$14.68 Million | CA$15.48 Million | CA$799.37K | ▲ +1.1 pp |
| 2002 | 93.8% | CA$12.58 Million | CA$13.42 Million | CA$838.39K | ▼ -1.7 pp |
| 2001 | 95.5% | CA$7.66 Million | CA$8.03 Million | CA$364.50K | ▲ +1.1 pp |
| 2000 | 94.4% | CA$5.79 Million | CA$6.13 Million | CA$345.41K | ▼ -2.2 pp |
| 1999 | 96.5% | CA$5.64 Million | CA$5.85 Million | CA$203.18K | ▼ -2.7 pp |
| 1998 | 99.2% | CA$6.76 Million | CA$6.81 Million | CA$53.31K | — |