New Destiny Mining Corp (NED) — Net Asset Quality Index

Latest as of December 2025: -20452.2%

New Destiny Mining Corp (NED) has a Net Asset Quality Index of -20452.2% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$11.63K minus total liabilities of CA$2.39 Million yields net assets of CA$-2.38 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore NED asset base for the complete picture of this company's asset base.

Quality Index

-20452.2%
Equity / Total Assets

Net Assets

CA$-2.38 Million
CAD

Total Assets

CA$11.63K
CAD

Total Liabilities

CA$2.39 Million
CAD

New Destiny Mining Corp Net Asset Quality Index Over Time (2014–2025)

This chart shows how New Destiny Mining Corp's Net Asset Quality Index has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the index stands at -20452.2%, representing net assets of CA$-2.38 Million against total assets of CA$11.63K CAD. See New Destiny Mining Corp (NED) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for New Destiny Mining Corp (2014–2025)

The table below presents the year-by-year Net Asset Quality Index for New Destiny Mining Corp 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 New Destiny Mining Corp (NED) market capitalisation.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 -17893.7% CA$-2.20 Million CA$12.28K CA$2.21 Million ▼ -13502.5 pp
2024 -4391.1% CA$-1.38 Million CA$31.52K CA$1.42 Million ▲ +149.8 pp
2023 -4540.9% CA$-643.35K CA$14.17K CA$657.52K ▲ +1454.1 pp
2022 -5995.0% CA$-573.73K CA$9.57K CA$583.29K ▼ -1147.8 pp
2021 -4847.2% CA$-556.80K CA$11.49K CA$568.28K ▲ +316.5 pp
2020 -5163.7% CA$-529.43K CA$10.25K CA$539.68K ▼ -2635.8 pp
2019 -2527.8% CA$-479.53K CA$18.97K CA$498.50K ▼ -2358.4 pp
2018 -169.5% CA$-112.80K CA$66.56K CA$179.36K ▲ +699.2 pp
2017 -868.7% CA$-134.18K CA$15.45K CA$149.62K ▲ +12244.7 pp
2016 -13113.4% CA$-199.46K CA$1.52K CA$200.98K ▼ -13154.6 pp
2015 41.2% CA$67.90K CA$164.95K CA$97.06K ▲ +340.9 pp
2014 -299.7% CA$-72.52K CA$24.20K CA$96.72K
pp = percentage points