Glen Eagle Resources Inc (GER) — Net Asset Quality Index

Latest as of September 2023: -30.4%

Glen Eagle Resources Inc (GER) has a Net Asset Quality Index of -30.4% as of September 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$3.13 Million minus total liabilities of CA$4.08 Million yields net assets of CA$-952.83K. A higher index indicates a stronger, lower-leverage balance sheet. Check Glen Eagle Resources Inc (GER) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

-30.4%
Equity / Total Assets

Net Assets

CA$-952.83K
CAD

Total Assets

CA$3.13 Million
CAD

Total Liabilities

CA$4.08 Million
CAD

Glen Eagle Resources Inc Net Asset Quality Index Over Time (2001–2022)

This chart shows how Glen Eagle Resources Inc's Net Asset Quality Index has evolved across 22 annual periods from 2001 to 2022. As of September 2023, the index stands at -30.4%, representing net assets of CA$-952.83K against total assets of CA$3.13 Million CAD. See GER working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Glen Eagle Resources Inc (2001–2022)

The table below presents the year-by-year Net Asset Quality Index for Glen Eagle Resources Inc from 2001 to 2022, covering 22 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 value of Glen Eagle Resources Inc.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2022 19.2% CA$905.45K CA$4.73 Million CA$3.82 Million ▼ -11.8 pp
2021 31.0% CA$1.06 Million CA$3.43 Million CA$2.37 Million ▼ -1.7 pp
2020 32.7% CA$1.09 Million CA$3.33 Million CA$2.24 Million ▼ -15.3 pp
2019 48.0% CA$1.72 Million CA$3.59 Million CA$1.87 Million ▼ -29.6 pp
2018 77.6% CA$4.14 Million CA$5.34 Million CA$1.20 Million ▼ -7.6 pp
2017 85.2% CA$4.43 Million CA$5.20 Million CA$771.06K ▼ -5.5 pp
2016 90.6% CA$5.38 Million CA$5.94 Million CA$556.23K ▲ +22.0 pp
2015 68.7% CA$4.19 Million CA$6.10 Million CA$1.91 Million ▼ -23.4 pp
2014 92.1% CA$5.17 Million CA$5.62 Million CA$443.97K ▼ -3.9 pp
2013 96.0% CA$4.74 Million CA$4.94 Million CA$196.06K ▼ -0.1 pp
2012 96.1% CA$4.62 Million CA$4.81 Million CA$186.92K ▲ +11.0 pp
2011 85.1% CA$3.98 Million CA$4.68 Million CA$698.32K ▼ -6.3 pp
2010 91.4% CA$929.62K CA$1.02 Million CA$87.99K ▲ +1076.1 pp
2009 -984.8% CA$-172.20K CA$17.49K CA$189.69K ▼ -1050.0 pp
2008 65.2% CA$93.26K CA$142.94K CA$49.68K ▼ -28.4 pp
2007 93.6% CA$552.64K CA$590.15K CA$37.50K ▼ -0.5 pp
2006 94.2% CA$426.94K CA$453.32K CA$26.38K ▲ +15.0 pp
2005 79.2% CA$286.80K CA$362.33K CA$75.54K ▲ +21.5 pp
2004 57.7% CA$312.27K CA$541.26K CA$229.00K ▼ -5.8 pp
2003 63.5% CA$1.20 Million CA$1.89 Million CA$689.63K ▼ -1.8 pp
2002 65.3% CA$1.51 Million CA$2.32 Million CA$805.71K ▼ -10.2 pp
2001 75.4% CA$1.29 Million CA$1.71 Million CA$420.25K
pp = percentage points