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. Read debt load of Fredonia Mining Inc for a breakdown of total debt and financial obligations.
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. For live market cap and overall valuation, see FRED stock market capitalisation.
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. Check Fredonia Mining Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
| 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 | — |