Magnum Goldcorp Inc (MGI) — Net Asset Quality Index

Latest as of November 2025: -194.3%

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. Also explore balance sheet size of Magnum Goldcorp Inc for the complete picture of this company's asset base.

Quality Index

-194.3%
Equity / Total Assets

Net Assets

CA$-95.59K
CAD

Total Assets

CA$49.19K
CAD

Total Liabilities

CA$144.78K
CAD

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. See Magnum Goldcorp Inc (MGI) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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 (MGI) total market value.

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
pp = percentage points