Fredonia Mining Inc (FRED) — Net Asset Quality Index
Fredonia Mining Inc (FRED) has a Net Asset Quality Index of -37.1% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$594.38K minus total liabilities of CA$815.01K yields net assets of CA$-220.63K. A higher index indicates a stronger, lower-leverage balance sheet. Also explore FRED asset base for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Fredonia Mining Inc Net Asset Quality Index Over Time (2020–2024)
This chart shows how Fredonia Mining Inc's Net Asset Quality Index has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the index stands at -37.1%, representing net assets of CA$-220.63K against total assets of CA$594.38K CAD. See FRED net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Fredonia Mining Inc (2020–2024)
The table below presents the year-by-year Net Asset Quality Index for Fredonia Mining Inc 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 market capitalisation and the full company profile, see market cap of Fredonia Mining Inc.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 8.1% | CA$97.19K | CA$1.20 Million | CA$1.10 Million | ▲ +42.8 pp |
| 2023 | -34.7% | CA$-147.31K | CA$424.33K | CA$571.64K | ▼ -129.5 pp |
| 2022 | 94.7% | CA$8.19 Million | CA$8.64 Million | CA$454.04K | ▲ +18.8 pp |
| 2021 | 75.9% | CA$4.03 Million | CA$5.31 Million | CA$1.28 Million | ▲ +40.0 pp |
| 2020 | 35.9% | CA$508.60K | CA$1.42 Million | CA$908.99K | — |