Highbank Resources Ltd. (HBK) — Net Asset Quality Index
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. See HBK defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
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$372.27K CAD. Explore cash efficiency ratio of Highbank Resources Ltd. to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Highbank Resources Ltd. (2013–2023)
The table below presents the year-by-year Net Asset Quality Index for Highbank Resources Ltd. from 2013 to 2023, covering 11 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Highbank Resources Ltd..
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -3227.5% | CA$-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 | — |