Jaxon Mining Inc (JAX) — Net Asset Quality Index

Latest as of October 2023: 85.2%

Jaxon Mining Inc (JAX) has a Net Asset Quality Index of 85.2% as of October 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$7.32 Million minus total liabilities of CA$1.09 Million yields net assets of CA$6.24 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Jaxon Mining Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.

Quality Index

85.2%
Equity / Total Assets

Net Assets

CA$6.24 Million
CAD

Total Assets

CA$7.32 Million
CAD

Total Liabilities

CA$1.09 Million
CAD

Jaxon Mining Inc Net Asset Quality Index Over Time (2014–2023)

This chart shows how Jaxon Mining Inc's Net Asset Quality Index has evolved across 10 annual periods from 2014 to 2023. As of October 2023, the index stands at 85.2%, representing net assets of CA$6.24 Million against total assets of CA$7.32 Million CAD. See Jaxon Mining Inc (JAX) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Jaxon Mining Inc (2014–2023)

The table below presents the year-by-year Net Asset Quality Index for Jaxon Mining Inc from 2014 to 2023, covering 10 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 JAX company net worth.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2023 81.9% CA$6.62 Million CA$8.08 Million CA$1.46 Million ▼ -6.9 pp
2022 88.8% CA$7.02 Million CA$7.91 Million CA$887.09K ▼ -5.0 pp
2021 93.8% CA$5.21 Million CA$5.55 Million CA$342.86K ▲ +2.6 pp
2020 91.2% CA$5.40 Million CA$5.92 Million CA$519.62K ▲ +3.5 pp
2019 87.8% CA$4.16 Million CA$4.74 Million CA$580.42K ▼ -2.5 pp
2018 90.2% CA$5.09 Million CA$5.64 Million CA$549.95K ▲ +46.9 pp
2017 43.3% CA$89.30K CA$206.07K CA$116.77K ▲ +613.5 pp
2016 -570.2% CA$-231.00K CA$40.52K CA$271.52K ▼ -497.4 pp
2015 -72.8% CA$-48.34K CA$66.45K CA$114.80K ▼ -147.4 pp
2014 74.7% CA$217.13K CA$290.83K CA$73.70K
pp = percentage points