GGL Resources Corp (GGL) — Net Asset Quality Index
GGL Resources Corp (GGL) has a Net Asset Quality Index of 99.4% as of May 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$5.71 Million minus total liabilities of CA$35.30K yields net assets of CA$5.68 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check GGL cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
GGL Resources Corp Net Asset Quality Index Over Time (2013–2024)
This chart shows how GGL Resources Corp's Net Asset Quality Index has evolved across 12 annual periods from 2013 to 2024. As of May 2025, the index stands at 99.4%, representing net assets of CA$5.68 Million against total assets of CA$5.71 Million CAD. See GGL book value for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for GGL Resources Corp (2013–2024)
The table below presents the year-by-year Net Asset Quality Index for GGL Resources Corp 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 live market cap and overall valuation, see GGL market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.8% | CA$5.65 Million | CA$5.72 Million | CA$70.96K | ▲ +1.9 pp |
| 2023 | 96.8% | CA$5.34 Million | CA$5.52 Million | CA$174.66K | ▲ +8.7 pp |
| 2022 | 88.1% | CA$4.77 Million | CA$5.41 Million | CA$642.25K | ▼ -7.4 pp |
| 2021 | 95.5% | CA$4.45 Million | CA$4.65 Million | CA$207.12K | ▲ +0.1 pp |
| 2020 | 95.5% | CA$4.62 Million | CA$4.84 Million | CA$217.64K | ▼ -1.3 pp |
| 2019 | 96.8% | CA$2.33 Million | CA$2.41 Million | CA$77.17K | ▲ +0.2 pp |
| 2018 | 96.6% | CA$2.66 Million | CA$2.75 Million | CA$92.35K | ▲ +2.6 pp |
| 2017 | 94.0% | CA$3.06 Million | CA$3.25 Million | CA$194.77K | ▲ +11.2 pp |
| 2016 | 82.8% | CA$1.76 Million | CA$2.13 Million | CA$367.30K | ▲ +0.0 pp |
| 2015 | 82.8% | CA$1.76 Million | CA$2.13 Million | CA$367.19K | ▲ +19.0 pp |
| 2014 | 63.8% | CA$1.71 Million | CA$2.68 Million | CA$970.54K | ▼ -5.7 pp |
| 2013 | 69.5% | CA$1.72 Million | CA$2.47 Million | CA$754.64K | — |