Alpha Exploration Ltd Net Asset Quality Index
Alpha Exploration Ltd net asset quality index. Alpha Exploration Ltd (ALEX) has a Net Asset Quality Index of 97.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$18.36 Million minus total liabilities of CA$395.82K yields net assets of CA$17.97 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Alpha Exploration Ltd cash 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 Alpha Exploration Ltd (2020–2024)
Net asset quality index of Alpha Exploration Ltd from 2020 to 2024. This chart shows how Alpha Exploration Ltd's Net Asset Quality Index has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the index stands at 97.8%, representing net assets of CA$17.97 Million against total assets of CA$18.36 Million CAD. See net assets of Alpha Exploration Ltd for net asset value and shareholders' equity analysis.
Alpha Exploration Ltd Net Asset Quality Index by Year (2020–2024)
Alpha Exploration Ltd net asset quality index by year from 2020 to 2024. The table below presents the year-by-year Net Asset Quality Index for Alpha Exploration Ltd from 2020 to 2024, covering 5 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 ALEX market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.7% | CA$15.98 Million | CA$16.70 Million | CA$720.93K | ▲ +2.9 pp |
| 2023 | 92.8% | CA$14.77 Million | CA$15.91 Million | CA$1.15 Million | ▲ +0.6 pp |
| 2022 | 92.2% | CA$9.21 Million | CA$9.99 Million | CA$780.02K | ▲ +6.9 pp |
| 2021 | 85.3% | CA$7.30 Million | CA$8.56 Million | CA$1.26 Million | ▲ +6.7 pp |
| 2020 | 78.5% | CA$4.99 Million | CA$6.36 Million | CA$1.36 Million | — |