Metal Energy Corp (MERG) — Net Asset Quality Index
Metal Energy Corp (MERG) has a Net Asset Quality Index of -607.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$579.56K minus total liabilities of CA$4.10 Million yields net assets of CA$-3.52 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore MERG total asset value for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Metal Energy Corp Net Asset Quality Index Over Time (2021–2024)
This chart shows how Metal Energy Corp's Net Asset Quality Index has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the index stands at -607.8%, representing net assets of CA$-3.52 Million against total assets of CA$579.56K CAD. See Metal Energy Corp (MERG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Metal Energy Corp (2021–2024)
The table below presents the year-by-year Net Asset Quality Index for Metal Energy Corp from 2021 to 2024, covering 4 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see MERG market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -228.9% | CA$-3.15 Million | CA$1.38 Million | CA$4.52 Million | ▼ -324.3 pp |
| 2023 | 95.4% | CA$1.76 Million | CA$1.84 Million | CA$84.17K | ▲ +19.3 pp |
| 2022 | 76.2% | CA$2.41 Million | CA$3.16 Million | CA$754.18K | ▼ -13.6 pp |
| 2021 | 89.8% | CA$6.34 Million | CA$7.07 Million | CA$723.49K | — |