New Found Gold Corp Net Asset Quality Index
New Found Gold Corp net asset quality index. New Found Gold Corp (NFG) has a Net Asset Quality Index of 84.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$119.95 Million minus total liabilities of CA$18.61 Million yields net assets of CA$101.33 Million. A higher index indicates a stronger, lower-leverage balance sheet. See NFG net assets for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of New Found Gold Corp (2019–2024)
Net asset quality index of New Found Gold Corp from 2019 to 2024. This chart shows how New Found Gold Corp's Net Asset Quality Index has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the index stands at 84.5%, representing net assets of CA$101.33 Million against total assets of CA$119.95 Million CAD. Check New Found Gold Corp (NFG) strategic asset index to assess the company's strategic physical and investment asset allocation.
New Found Gold Corp Net Asset Quality Index by Year (2019–2024)
New Found Gold Corp net asset quality index by year from 2019 to 2024. The table below presents the year-by-year Net Asset Quality Index for New Found Gold Corp from 2019 to 2024, 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 NFG company net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.9% | CA$66.57 Million | CA$74.02 Million | CA$7.45 Million | ▲ +12.5 pp |
| 2023 | 77.4% | CA$65.50 Million | CA$84.58 Million | CA$19.08 Million | ▲ +2.0 pp |
| 2022 | 75.4% | CA$83.47 Million | CA$110.69 Million | CA$27.21 Million | ▼ -7.4 pp |
| 2021 | 82.8% | CA$122.65 Million | CA$148.06 Million | CA$25.40 Million | ▼ -16.3 pp |
| 2020 | 99.1% | CA$72.90 Million | CA$73.54 Million | CA$635.08K | ▲ +3.3 pp |
| 2019 | 95.8% | CA$8.96 Million | CA$9.36 Million | CA$392.85K | — |