New Destiny Mining Corp (NED) — Net Asset Quality Index
New Destiny Mining Corp (NED) has a Net Asset Quality Index of -22276.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$11.13K minus total liabilities of CA$2.49 Million yields net assets of CA$-2.48 Million. A higher index indicates a stronger, lower-leverage balance sheet. See New Destiny Mining Corp (NED) liquidity interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
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 March 2026, the index stands at -22276.6%, representing net assets of CA$-2.48 Million against total assets of CA$11.13K CAD. Explore NED cash generation efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for New Destiny Mining Corp (2014–2025)
The table below presents the year-by-year Net Asset Quality Index for New Destiny Mining Corp from 2014 to 2025, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see NED company net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -17893.7% | CA$-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 | — |