Magnum Goldcorp Inc (MGI) — Net Asset Quality Index
Magnum Goldcorp Inc (MGI) has a Net Asset Quality Index of -194.3% as of November 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$49.19K minus total liabilities of CA$144.78K yields net assets of CA$-95.59K. A higher index indicates a stronger, lower-leverage balance sheet. See MGI 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
Magnum Goldcorp Inc Net Asset Quality Index Over Time (2014–2025)
This chart shows how Magnum Goldcorp Inc's Net Asset Quality Index has evolved across 12 annual periods from 2014 to 2025. As of November 2025, the index stands at -194.3%, representing net assets of CA$-95.59K against total assets of CA$49.19K CAD. Explore Magnum Goldcorp Inc cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Magnum Goldcorp Inc (2014–2025)
The table below presents the year-by-year Net Asset Quality Index for Magnum Goldcorp Inc from 2014 to 2025, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Magnum Goldcorp Inc market cap and net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -15.3% | CA$-29.26K | CA$191.06K | CA$220.32K | ▼ -111.1 pp |
| 2024 | 95.8% | CA$3.46 Million | CA$3.61 Million | CA$152.48K | ▼ -1.7 pp |
| 2023 | 97.4% | CA$3.54 Million | CA$3.63 Million | CA$93.00K | ▲ +1.9 pp |
| 2022 | 95.5% | CA$3.56 Million | CA$3.72 Million | CA$165.80K | ▲ +8.3 pp |
| 2021 | 87.3% | CA$2.70 Million | CA$3.10 Million | CA$394.84K | ▼ -1.0 pp |
| 2020 | 88.2% | CA$2.75 Million | CA$3.11 Million | CA$366.70K | ▲ +2.0 pp |
| 2019 | 86.2% | CA$2.59 Million | CA$3.01 Million | CA$415.03K | ▼ -7.7 pp |
| 2018 | 93.9% | CA$2.81 Million | CA$3.00 Million | CA$182.64K | ▲ +3.5 pp |
| 2017 | 90.4% | CA$2.48 Million | CA$2.74 Million | CA$262.69K | ▼ -3.4 pp |
| 2016 | 93.9% | CA$2.55 Million | CA$2.72 Million | CA$167.11K | ▲ +19.3 pp |
| 2015 | 74.6% | CA$344.55K | CA$462.04K | CA$117.49K | ▲ +3.9 pp |
| 2014 | 70.6% | CA$418.83K | CA$592.84K | CA$174.00K | — |