Altima Resources Ltd Net Asset Quality Index
Altima Resources Ltd 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. Check how high is Altima Resources Ltd's 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 Altima Resources Ltd (2013–2023)
Net asset quality index of Altima Resources Ltd from 2013 to 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$9.38 Million CAD. See net assets of Altima Resources Ltd for net asset value and shareholders' equity analysis.
Altima Resources Ltd Net Asset Quality Index by Year (2013–2023)
Altima Resources Ltd net asset quality index by year from 2013 to 2023. The table below presents the year-by-year Net Asset Quality Index for Altima Resources Ltd from 2013 to 2023, covering 11 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Altima Resources Ltd market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -152.4% | CA$-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 | — |