Lumine Group Inc. (LMN) — Net Asset Quality Index
Lumine Group Inc. (LMN) has a Net Asset Quality Index of 49.9% as of June 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.27 Billion minus total liabilities of CA$637.64 Million yields net assets of CA$634.24 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore how large is Lumine Group Inc.'s balance sheet for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Lumine Group Inc. Net Asset Quality Index Over Time (2021–2023)
This chart shows how Lumine Group Inc.'s Net Asset Quality Index has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the index stands at 49.9%, representing net assets of CA$634.24 Million against total assets of CA$1.27 Billion CAD. See LMN current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Lumine Group Inc. (2021–2023)
The table below presents the year-by-year Net Asset Quality Index for Lumine Group Inc. from 2021 to 2023, covering 3 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Lumine Group Inc. stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -334.8% | CA$-3.84 Billion | CA$1.15 Billion | CA$4.99 Billion | ▼ -374.0 pp |
| 2022 | 39.1% | CA$153.78 Million | CA$392.83 Million | CA$239.05 Million | ▼ -13.6 pp |
| 2021 | 52.7% | CA$173.15 Million | CA$328.41 Million | CA$155.26 Million | — |