Defense Metals Corp (DEFN) — Net Asset Quality Index

Latest as of March 2026: 97.0%

Defense Metals Corp (DEFN) has a Net Asset Quality Index of 97.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$62.74 Million minus total liabilities of CA$1.91 Million yields net assets of CA$60.83 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read DEFN liabilities breakdown for a breakdown of total debt and financial obligations.

Quality Index

97.0%
Equity / Total Assets

Net Assets

CA$60.83 Million
CAD

Total Assets

CA$62.74 Million
CAD

Total Liabilities

CA$1.91 Million
CAD

Defense Metals Corp Net Asset Quality Index Over Time (2017–2026)

This chart shows how Defense Metals Corp's Net Asset Quality Index has evolved across 10 annual periods from 2017 to 2026. As of March 2026, the index stands at 97.0%, representing net assets of CA$60.83 Million against total assets of CA$62.74 Million CAD. For live market cap and overall valuation, see Defense Metals Corp stock valuation.

Annual Net Asset Quality Index for Defense Metals Corp (2017–2026)

The table below presents the year-by-year Net Asset Quality Index for Defense Metals Corp from 2017 to 2026, covering 10 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. Check Defense Metals Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2026 97.0% CA$60.83 Million CA$62.74 Million CA$1.91 Million ▲ +15.3 pp
2025 81.6% CA$37.30 Million CA$45.68 Million CA$8.39 Million ▼ -16.5 pp
2024 98.1% CA$41.84 Million CA$42.65 Million CA$808.91K ▲ +0.1 pp
2023 98.0% CA$32.09 Million CA$32.74 Million CA$656.52K ▲ +0.6 pp
2022 97.4% CA$24.59 Million CA$25.26 Million CA$668.62K ▲ +5.3 pp
2021 92.1% CA$3.81 Million CA$4.14 Million CA$327.87K ▲ +2.2 pp
2020 89.9% CA$1.84 Million CA$2.04 Million CA$207.31K ▼ -2.3 pp
2019 92.2% CA$677.29K CA$734.60K CA$57.31K ▼ -2.4 pp
2018 94.6% CA$635.52K CA$672.01K CA$36.50K ▼ -1.7 pp
2017 96.3% CA$274.29K CA$284.81K CA$10.51K
pp = percentage points