Granada Gold Mine Inc (GGM) — Net Asset Quality Index
Granada Gold Mine Inc (GGM) has a Net Asset Quality Index of -2497.0% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$585.15K minus total liabilities of CA$15.20 Million yields net assets of CA$-14.61 Million. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Granada Gold Mine Inc to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Granada Gold Mine Inc Net Asset Quality Index Over Time (1999–2025)
This chart shows how Granada Gold Mine Inc's Net Asset Quality Index has evolved across 27 annual periods from 1999 to 2025. As of December 2025, the index stands at -2497.0%, representing net assets of CA$-14.61 Million against total assets of CA$585.15K CAD. Explore GGM cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Granada Gold Mine Inc (1999–2025)
The table below presents the year-by-year Net Asset Quality Index for Granada Gold Mine Inc from 1999 to 2025, covering 27 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Granada Gold Mine Inc stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -2641.2% | CA$-13.64 Million | CA$516.32K | CA$14.15 Million | ▼ -1207.3 pp |
| 2024 | -1434.0% | CA$-12.22 Million | CA$851.86K | CA$13.07 Million | ▼ -263.1 pp |
| 2023 | -1170.8% | CA$-10.45 Million | CA$892.10K | CA$11.34 Million | ▼ -828.1 pp |
| 2022 | -342.7% | CA$-7.60 Million | CA$2.22 Million | CA$9.81 Million | ▼ -195.3 pp |
| 2021 | -147.4% | CA$-5.60 Million | CA$3.80 Million | CA$9.40 Million | ▲ +581.6 pp |
| 2020 | -729.0% | CA$-7.27 Million | CA$996.83K | CA$8.26 Million | ▲ +132.6 pp |
| 2019 | -861.6% | CA$-6.19 Million | CA$718.75K | CA$6.91 Million | ▼ -827.4 pp |
| 2018 | -34.2% | CA$-1.45 Million | CA$4.23 Million | CA$5.68 Million | ▲ +83.6 pp |
| 2017 | -117.8% | CA$-2.79 Million | CA$2.37 Million | CA$5.16 Million | ▲ +55.9 pp |
| 2016 | -173.7% | CA$-3.11 Million | CA$1.79 Million | CA$4.91 Million | ▲ +569.8 pp |
| 2015 | -743.5% | CA$-3.31 Million | CA$444.80K | CA$3.75 Million | ▼ -317.3 pp |
| 2014 | -426.2% | CA$-2.73 Million | CA$640.61K | CA$3.37 Million | ▼ -475.8 pp |
| 2013 | 49.6% | CA$1.34 Million | CA$2.71 Million | CA$1.37 Million | ▲ +21.3 pp |
| 2012 | 28.3% | CA$2.02 Million | CA$7.14 Million | CA$5.12 Million | ▼ -37.4 pp |
| 2011 | 65.7% | CA$6.37 Million | CA$9.68 Million | CA$3.32 Million | ▼ -20.2 pp |
| 2010 | 85.9% | CA$4.89 Million | CA$5.69 Million | CA$799.91K | ▲ +5.6 pp |
| 2009 | 80.3% | CA$2.27 Million | CA$2.82 Million | CA$554.51K | ▲ +3.1 pp |
| 2008 | 77.3% | CA$2.15 Million | CA$2.79 Million | CA$633.20K | ▼ -8.0 pp |
| 2007 | 85.2% | CA$3.31 Million | CA$3.88 Million | CA$572.88K | ▲ +29.5 pp |
| 2006 | 55.7% | CA$827.75K | CA$1.49 Million | CA$657.52K | ▼ -12.6 pp |
| 2005 | 68.3% | CA$451.83K | CA$661.16K | CA$209.33K | ▲ +120.4 pp |
| 2004 | -52.0% | CA$-125.51K | CA$241.20K | CA$366.70K | ▲ +137.0 pp |
| 2003 | -189.0% | CA$-214.59K | CA$113.53K | CA$328.12K | ▲ +2523.8 pp |
| 2002 | -2712.8% | CA$-830.75K | CA$30.62K | CA$861.37K | ▼ -2752.4 pp |
| 2001 | 39.6% | CA$645.54K | CA$1.63 Million | CA$986.15K | ▼ -35.7 pp |
| 2000 | 75.3% | CA$2.72 Million | CA$3.61 Million | CA$893.69K | ▼ -9.1 pp |
| 1999 | 84.3% | CA$4.35 Million | CA$5.16 Million | CA$808.08K | — |