Highbank Resources Ltd. (HBK) — Net Asset Quality Index

Latest as of September 2024: -3389.6%

Highbank Resources Ltd. (HBK) has a Net Asset Quality Index of -3389.6% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$372.27K minus total liabilities of CA$12.99 Million yields net assets of CA$-12.62 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore HBK total asset value for the complete picture of this company's asset base.

Quality Index

-3389.6%
Equity / Total Assets

Net Assets

CA$-12.62 Million
CAD

Total Assets

CA$372.27K
CAD

Total Liabilities

CA$12.99 Million
CAD

Highbank Resources Ltd. Net Asset Quality Index Over Time (2013–2023)

This chart shows how Highbank Resources Ltd.'s Net Asset Quality Index has evolved across 11 annual periods from 2013 to 2023. As of September 2024, the index stands at -3389.6%, representing net assets of CA$-12.62 Million against total assets of CA$372.27K CAD. See Highbank Resources Ltd. (HBK) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Highbank Resources Ltd. (2013–2023)

The table below presents the year-by-year Net Asset Quality Index for Highbank Resources Ltd. from 2013 to 2023, covering 11 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 Highbank Resources Ltd..

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2023 -3227.5% CA$-12.17 Million CA$376.98K CA$12.54 Million ▼ -1031.4 pp
2022 -2196.1% CA$-10.53 Million CA$479.50K CA$11.01 Million ▲ +2476.3 pp
2021 -4672.4% CA$-9.46 Million CA$202.42K CA$9.66 Million ▼ -4644.7 pp
2020 -27.6% CA$-2.23 Million CA$8.07 Million CA$10.30 Million ▼ -29.4 pp
2019 1.7% CA$168.77K CA$9.71 Million CA$9.54 Million ▼ -25.2 pp
2018 27.0% CA$3.05 Million CA$11.30 Million CA$8.25 Million ▼ -11.3 pp
2017 38.3% CA$4.28 Million CA$11.18 Million CA$6.90 Million ▲ +0.9 pp
2016 37.4% CA$3.99 Million CA$10.69 Million CA$6.70 Million ▲ +0.3 pp
2015 37.1% CA$3.89 Million CA$10.50 Million CA$6.61 Million ▼ -12.6 pp
2014 49.7% CA$4.56 Million CA$9.19 Million CA$4.62 Million ▼ -42.9 pp
2013 92.6% CA$2.37 Million CA$2.56 Million CA$189.17K
pp = percentage points