Newtopia Inc Net Asset Quality Index
Newtopia Inc net asset quality index. Newtopia Inc (NEWU) has a Net Asset Quality Index of -1948.0% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$664.83K minus total liabilities of CA$13.62 Million yields net assets of CA$-12.95 Million. A higher index indicates a stronger, lower-leverage balance sheet. Explore Newtopia Inc (NEWU) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Newtopia Inc (2018–2023)
Net asset quality index of Newtopia Inc from 2018 to 2023. This chart shows how Newtopia Inc's Net Asset Quality Index has evolved across 6 annual periods from 2018 to 2023. As of September 2024, the index stands at -1948.0%, representing net assets of CA$-12.95 Million against total assets of CA$664.83K CAD. See NEWU total equity for net asset value and shareholders' equity analysis.
Newtopia Inc Net Asset Quality Index by Year (2018–2023)
Newtopia Inc net asset quality index by year from 2018 to 2023. The table below presents the year-by-year Net Asset Quality Index for Newtopia Inc from 2018 to 2023, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market cap of Newtopia Inc.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -403.7% | CA$-9.42 Million | CA$2.33 Million | CA$11.75 Million | ▼ -310.6 pp |
| 2022 | -93.1% | CA$-5.53 Million | CA$5.94 Million | CA$11.48 Million | ▼ -59.6 pp |
| 2021 | -33.5% | CA$-1.84 Million | CA$5.51 Million | CA$7.35 Million | ▼ -86.7 pp |
| 2020 | 53.2% | CA$4.20 Million | CA$7.90 Million | CA$3.70 Million | ▲ +252.4 pp |
| 2019 | -199.3% | CA$-11.21 Million | CA$5.63 Million | CA$16.84 Million | ▲ +138.7 pp |
| 2018 | -337.9% | CA$-12.44 Million | CA$3.68 Million | CA$16.13 Million | — |