Independence Gold Corp (IGO) — Net Asset Quality Index
Independence Gold Corp (IGO) has a Net Asset Quality Index of 90.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$11.04 Million minus total liabilities of CA$1.04 Million yields net assets of CA$10.00 Million. A higher index indicates a stronger, lower-leverage balance sheet. See IGO 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
Independence Gold Corp Net Asset Quality Index Over Time (2011–2025)
This chart shows how Independence Gold Corp's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the index stands at 90.6%, representing net assets of CA$10.00 Million against total assets of CA$11.04 Million CAD. Explore Independence Gold Corp (IGO) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Independence Gold Corp (2011–2025)
The table below presents the year-by-year Net Asset Quality Index for Independence Gold Corp from 2011 to 2025, covering 15 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 IGO market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.6% | CA$10.00 Million | CA$11.04 Million | CA$1.04 Million | ▲ +1.1 pp |
| 2024 | 89.5% | CA$12.98 Million | CA$14.50 Million | CA$1.53 Million | ▼ -0.3 pp |
| 2023 | 89.8% | CA$7.60 Million | CA$8.47 Million | CA$866.29K | ▲ +1.4 pp |
| 2022 | 88.4% | CA$5.71 Million | CA$6.46 Million | CA$749.39K | ▼ -0.4 pp |
| 2021 | 88.8% | CA$6.23 Million | CA$7.01 Million | CA$787.76K | ▼ -3.8 pp |
| 2020 | 92.6% | CA$13.33 Million | CA$14.40 Million | CA$1.07 Million | ▲ +1.0 pp |
| 2019 | 91.5% | CA$11.37 Million | CA$12.42 Million | CA$1.05 Million | ▼ -7.0 pp |
| 2018 | 98.5% | CA$12.77 Million | CA$12.96 Million | CA$189.48K | ▲ +0.6 pp |
| 2017 | 98.0% | CA$15.01 Million | CA$15.32 Million | CA$309.36K | ▼ -0.6 pp |
| 2016 | 98.6% | CA$17.16 Million | CA$17.41 Million | CA$243.34K | ▼ -0.8 pp |
| 2015 | 99.4% | CA$17.61 Million | CA$17.71 Million | CA$103.07K | ▼ -0.4 pp |
| 2014 | 99.8% | CA$20.73 Million | CA$20.77 Million | CA$34.51K | ▼ 0.0 pp |
| 2013 | 99.9% | CA$22.17 Million | CA$22.20 Million | CA$32.42K | ▲ +5.4 pp |
| 2012 | 94.5% | CA$25.14 Million | CA$26.62 Million | CA$1.48 Million | ▼ -2.3 pp |
| 2011 | 96.8% | CA$29.93 Million | CA$30.93 Million | CA$1.00 Million | — |