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. See LMN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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$1.27 Billion CAD. Explore LMN operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Lumine Group Inc. (2021–2023)
The table below presents the year-by-year Net Asset Quality Index for Lumine Group Inc. from 2021 to 2023, covering 3 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Lumine Group Inc..
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -334.8% | CA$-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 | — |