Gold Basin Resources Corp (GXX) — Net Asset Quality Index

Latest as of September 2024: 91.1%

Gold Basin Resources Corp (GXX) has a Net Asset Quality Index of 91.1% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$21.24 Million minus total liabilities of CA$1.89 Million yields net assets of CA$19.35 Million. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Gold Basin Resources Corp fund operations to measure how many days the company can operate on defensive assets alone.

Quality Index

91.1%
Equity / Total Assets

Net Assets

CA$19.35 Million
CAD

Total Assets

CA$21.24 Million
CAD

Total Liabilities

CA$1.89 Million
CAD

Gold Basin Resources Corp Net Asset Quality Index Over Time (2018–2023)

This chart shows how Gold Basin Resources Corp's Net Asset Quality Index has evolved across 6 annual periods from 2018 to 2023. As of September 2024, the index stands at 91.1%, representing net assets of CA$19.35 Million against total assets of CA$21.24 Million CAD. Explore GXX cash generation efficiency to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Gold Basin Resources Corp (2018–2023)

The table below presents the year-by-year Net Asset Quality Index for Gold Basin Resources Corp from 2018 to 2023, covering 6 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 GXX company net worth.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2023 97.6% CA$19.19 Million CA$19.65 Million CA$466.52K ▼ -0.2 pp
2022 97.8% CA$19.06 Million CA$19.49 Million CA$425.38K ▼ -1.3 pp
2021 99.1% CA$19.19 Million CA$19.37 Million CA$173.32K ▲ +1.7 pp
2020 97.4% CA$15.33 Million CA$15.75 Million CA$414.03K ▼ -0.9 pp
2019 98.3% CA$301.72K CA$307.05K CA$5.33K ▼ -1.7 pp
2018 99.9% CA$156.49K CA$156.58K CA$84.00
pp = percentage points