Fjordland Exploration Inc (FEX) — Net Asset Quality Index
Fjordland Exploration Inc (FEX) has a Net Asset Quality Index of -84.0% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$68.11K minus total liabilities of CA$125.33K yields net assets of CA$-57.22K. A higher index indicates a stronger, lower-leverage balance sheet. See Fjordland Exploration Inc (FEX) liquidity interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Fjordland Exploration Inc Net Asset Quality Index Over Time (2013–2024)
This chart shows how Fjordland Exploration Inc's Net Asset Quality Index has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the index stands at -84.0%, representing net assets of CA$-57.22K against total assets of CA$68.11K CAD. Explore Fjordland Exploration Inc (FEX) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Fjordland Exploration Inc (2013–2024)
The table below presents the year-by-year Net Asset Quality Index for Fjordland Exploration Inc from 2013 to 2024, covering 12 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 FEX market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 44.5% | CA$140.03K | CA$314.50K | CA$174.47K | ▼ -38.7 pp |
| 2023 | 83.3% | CA$453.73K | CA$544.97K | CA$91.24K | ▼ -10.6 pp |
| 2022 | 93.9% | CA$4.71 Million | CA$5.02 Million | CA$307.24K | ▲ +0.1 pp |
| 2021 | 93.7% | CA$4.23 Million | CA$4.51 Million | CA$282.94K | ▼ -2.3 pp |
| 2020 | 96.0% | CA$2.27 Million | CA$2.36 Million | CA$94.03K | ▼ -2.2 pp |
| 2019 | 98.2% | CA$2.35 Million | CA$2.39 Million | CA$42.13K | ▼ -0.2 pp |
| 2018 | 98.4% | CA$2.53 Million | CA$2.57 Million | CA$40.32K | ▲ +5.6 pp |
| 2017 | 92.8% | CA$2.91 Million | CA$3.13 Million | CA$224.60K | ▲ +29.5 pp |
| 2016 | 63.3% | CA$386.66K | CA$610.38K | CA$223.72K | ▲ +22.6 pp |
| 2015 | 40.7% | CA$156.72K | CA$384.94K | CA$228.21K | ▼ -24.4 pp |
| 2014 | 65.1% | CA$384.85K | CA$591.46K | CA$206.61K | ▲ +15.2 pp |
| 2013 | 49.9% | CA$142.37K | CA$285.48K | CA$143.11K | — |