Norrland Gold Corp (NORR) — Net Asset Quality Index
Norrland Gold Corp (NORR) has a Net Asset Quality Index of 94.9% as of December 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$547.84K minus total liabilities of CA$27.84K yields net assets of CA$519.99K. A higher index indicates a stronger, lower-leverage balance sheet. See NORR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Norrland Gold Corp Net Asset Quality Index Over Time (2021–2024)
This chart shows how Norrland Gold Corp's Net Asset Quality Index has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the index stands at 94.9%, representing net assets of CA$519.99K against total assets of CA$547.84K CAD. Explore Norrland Gold Corp cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Norrland Gold Corp (2021–2024)
The table below presents the year-by-year Net Asset Quality Index for Norrland Gold Corp from 2021 to 2024, covering 4 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 Norrland Gold Corp (NORR) total market value.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 81.9% | CA$625.95K | CA$763.91K | CA$137.97K | ▼ -7.8 pp |
| 2023 | 89.8% | CA$1.03 Million | CA$1.15 Million | CA$117.65K | ▼ -0.3 pp |
| 2022 | 90.1% | CA$1.47 Million | CA$1.63 Million | CA$161.73K | ▲ +142.5 pp |
| 2021 | -52.4% | CA$-15.19K | CA$28.97K | CA$44.16K | — |