Altima Resources Ltd (ARH) — Net Asset Quality Index
Altima Resources Ltd (ARH) has a Net Asset Quality Index of -112.5% as of November 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$9.38 Million minus total liabilities of CA$19.94 Million yields net assets of CA$-10.56 Million. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Altima Resources Ltd to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Altima Resources Ltd Net Asset Quality Index Over Time (2013–2023)
This chart shows how Altima Resources Ltd's Net Asset Quality Index has evolved across 11 annual periods from 2013 to 2023. As of November 2024, the index stands at -112.5%, representing net assets of CA$-10.56 Million against total assets of CA$9.38 Million CAD. Explore Altima Resources Ltd cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Altima Resources Ltd (2013–2023)
The table below presents the year-by-year Net Asset Quality Index for Altima Resources Ltd from 2013 to 2023, covering 11 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Altima Resources Ltd market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -152.4% | CA$-9.83 Million | CA$6.45 Million | CA$16.28 Million | ▲ +2.4 pp |
| 2022 | -154.7% | CA$-7.96 Million | CA$5.15 Million | CA$13.11 Million | ▼ -4.1 pp |
| 2021 | -150.6% | CA$-8.47 Million | CA$5.63 Million | CA$14.10 Million | ▼ -92.0 pp |
| 2020 | -58.6% | CA$-3.74 Million | CA$6.38 Million | CA$10.12 Million | ▲ +1915.8 pp |
| 2019 | -1974.3% | CA$-3.47 Million | CA$175.82K | CA$3.65 Million | ▼ -1497.1 pp |
| 2018 | -477.3% | CA$-2.40 Million | CA$502.13K | CA$2.90 Million | ▼ -326.1 pp |
| 2017 | -151.1% | CA$-4.31 Million | CA$2.85 Million | CA$7.16 Million | ▲ +137.2 pp |
| 2016 | -288.3% | CA$-8.50 Million | CA$2.95 Million | CA$11.45 Million | ▼ -331.0 pp |
| 2015 | 42.7% | CA$7.61 Million | CA$17.82 Million | CA$10.20 Million | ▼ -19.7 pp |
| 2014 | 62.4% | CA$18.57 Million | CA$29.77 Million | CA$11.20 Million | ▼ -9.2 pp |
| 2013 | 71.6% | CA$19.56 Million | CA$27.30 Million | CA$7.75 Million | — |