NuGen Medical Devices Inc (NGMD) — Net Asset Quality Index
NuGen Medical Devices Inc (NGMD) has a Net Asset Quality Index of -84.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$10.19 Million minus total liabilities of CA$18.85 Million yields net assets of CA$-8.66 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore NGMD total asset value for the complete picture of this company's asset base.
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Net Assets
Total Assets
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NuGen Medical Devices Inc Net Asset Quality Index Over Time (2020–2024)
This chart shows how NuGen Medical Devices Inc's Net Asset Quality Index has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the index stands at -84.9%, representing net assets of CA$-8.66 Million against total assets of CA$10.19 Million CAD. See NuGen Medical Devices Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for NuGen Medical Devices Inc (2020–2024)
The table below presents the year-by-year Net Asset Quality Index for NuGen Medical Devices Inc from 2020 to 2024, covering 5 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is NuGen Medical Devices Inc worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -44.0% | CA$-5.67 Million | CA$12.89 Million | CA$18.57 Million | ▼ -14.3 pp |
| 2023 | -29.7% | CA$-2.06 Million | CA$6.95 Million | CA$9.01 Million | ▲ +3.4 pp |
| 2022 | -33.0% | CA$-2.26 Million | CA$6.85 Million | CA$9.11 Million | ▼ -51.8 pp |
| 2021 | 18.7% | CA$1.66 Million | CA$8.84 Million | CA$7.19 Million | ▲ +23.5 pp |
| 2020 | -4.8% | CA$-692.25K | CA$14.56 Million | CA$15.25 Million | — |