Northern Lion Gold Corp (NL) — Net Asset Quality Index
Northern Lion Gold Corp (NL) has a Net Asset Quality Index of -33.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$590.47K minus total liabilities of CA$785.91K yields net assets of CA$-195.44K. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Northern Lion Gold Corp to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Northern Lion Gold Corp Net Asset Quality Index Over Time (2013–2025)
This chart shows how Northern Lion Gold Corp's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the index stands at -33.1%, representing net assets of CA$-195.44K against total assets of CA$590.47K CAD. Explore Northern Lion Gold Corp (NL) cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Northern Lion Gold Corp (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Northern Lion Gold Corp from 2013 to 2025, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Northern Lion Gold Corp (NL) total market value.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -28.8% | CA$-173.63K | CA$602.53K | CA$776.16K | ▼ -16.9 pp |
| 2024 | -12.0% | CA$-81.88K | CA$684.30K | CA$766.18K | ▼ -12.7 pp |
| 2023 | 0.7% | CA$5.35K | CA$728.37K | CA$723.02K | ▼ -46.8 pp |
| 2022 | 47.5% | CA$546.43K | CA$1.15 Million | CA$604.09K | ▼ -9.4 pp |
| 2021 | 56.9% | CA$765.32K | CA$1.35 Million | CA$580.72K | ▲ +65.1 pp |
| 2020 | -8.2% | CA$-30.15K | CA$367.43K | CA$397.58K | ▼ -43.1 pp |
| 2019 | 34.9% | CA$142.55K | CA$408.55K | CA$266.00K | ▼ -32.4 pp |
| 2018 | 67.3% | CA$339.79K | CA$504.75K | CA$164.96K | ▼ -15.1 pp |
| 2017 | 82.4% | CA$558.24K | CA$677.56K | CA$119.32K | ▲ +17.3 pp |
| 2016 | 65.1% | CA$371.29K | CA$570.65K | CA$199.37K | ▲ +41.5 pp |
| 2015 | 23.6% | CA$50.60K | CA$214.58K | CA$163.98K | ▼ -67.8 pp |
| 2014 | 91.3% | CA$1.10 Million | CA$1.21 Million | CA$104.49K | ▼ -2.3 pp |
| 2013 | 93.6% | CA$2.57 Million | CA$2.75 Million | CA$176.13K | — |