Midland Exploration Inc (MD) — Net Asset Quality Index
Midland Exploration Inc (MD) has a Net Asset Quality Index of 96.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$47.99 Million minus total liabilities of CA$1.87 Million yields net assets of CA$46.12 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read MD liabilities breakdown for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Midland Exploration Inc Net Asset Quality Index Over Time (2006–2025)
This chart shows how Midland Exploration Inc's Net Asset Quality Index has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the index stands at 96.1%, representing net assets of CA$46.12 Million against total assets of CA$47.99 Million CAD. For live market cap and overall valuation, see market value of Midland Exploration Inc.
Annual Net Asset Quality Index for Midland Exploration Inc (2006–2025)
The table below presents the year-by-year Net Asset Quality Index for Midland Exploration Inc from 2006 to 2025, covering 20 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. Check strategic asset allocation of Midland Exploration Inc to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.2% | CA$44.53 Million | CA$46.79 Million | CA$2.26 Million | ▼ -0.7 pp |
| 2024 | 95.9% | CA$39.52 Million | CA$41.22 Million | CA$1.70 Million | ▲ +0.4 pp |
| 2023 | 95.5% | CA$39.78 Million | CA$41.66 Million | CA$1.88 Million | ▼ -2.2 pp |
| 2022 | 97.6% | CA$38.29 Million | CA$39.22 Million | CA$921.93K | ▲ +1.6 pp |
| 2021 | 96.1% | CA$38.34 Million | CA$39.92 Million | CA$1.57 Million | ▼ -0.4 pp |
| 2020 | 96.4% | CA$37.50 Million | CA$38.89 Million | CA$1.39 Million | ▼ -0.8 pp |
| 2019 | 97.3% | CA$37.56 Million | CA$38.62 Million | CA$1.06 Million | ▼ -0.6 pp |
| 2018 | 97.9% | CA$29.11 Million | CA$29.74 Million | CA$625.73K | ▲ +1.0 pp |
| 2017 | 96.9% | CA$25.66 Million | CA$26.48 Million | CA$819.10K | ▼ -0.4 pp |
| 2016 | 97.3% | CA$23.80 Million | CA$24.46 Million | CA$661.53K | ▲ +0.6 pp |
| 2015 | 96.7% | CA$23.60 Million | CA$24.41 Million | CA$811.52K | ▲ +5.4 pp |
| 2014 | 91.3% | CA$9.03 Million | CA$9.89 Million | CA$861.79K | ▼ -5.3 pp |
| 2013 | 96.6% | CA$9.61 Million | CA$9.95 Million | CA$341.05K | ▼ -1.0 pp |
| 2012 | 97.5% | CA$7.73 Million | CA$7.93 Million | CA$196.13K | ▲ +3.7 pp |
| 2011 | 93.8% | CA$7.20 Million | CA$7.67 Million | CA$471.83K | ▼ -1.4 pp |
| 2010 | 95.3% | CA$6.51 Million | CA$6.83 Million | CA$322.51K | ▲ +3.8 pp |
| 2009 | 91.5% | CA$4.65 Million | CA$5.08 Million | CA$433.63K | ▼ -0.5 pp |
| 2008 | 91.9% | CA$4.53 Million | CA$4.92 Million | CA$396.58K | ▲ +0.5 pp |
| 2007 | 91.5% | CA$4.61 Million | CA$5.04 Million | CA$430.09K | ▲ +20.0 pp |
| 2006 | 71.5% | CA$608.38K | CA$850.81K | CA$242.43K | — |