Noram Lithium Corp (NRM) — Net Asset Quality Index
Noram Lithium Corp (NRM) has a Net Asset Quality Index of 79.3% as of October 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$5.77 Million minus total liabilities of CA$1.19 Million yields net assets of CA$4.58 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Noram Lithium Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Noram Lithium Corp Net Asset Quality Index Over Time (2012–2025)
This chart shows how Noram Lithium Corp's Net Asset Quality Index has evolved across 14 annual periods from 2012 to 2025. As of October 2025, the index stands at 79.3%, representing net assets of CA$4.58 Million against total assets of CA$5.77 Million CAD. Explore NRM cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Noram Lithium Corp (2012–2025)
The table below presents the year-by-year Net Asset Quality Index for Noram Lithium Corp from 2012 to 2025, covering 14 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 Noram Lithium Corp stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.9% | CA$5.79 Million | CA$6.30 Million | CA$511.87K | ▼ -2.4 pp |
| 2024 | 94.3% | CA$7.95 Million | CA$8.43 Million | CA$480.54K | ▼ -0.8 pp |
| 2023 | 95.1% | CA$13.55 Million | CA$14.24 Million | CA$694.47K | ▲ +4.4 pp |
| 2022 | 90.7% | CA$5.39 Million | CA$5.94 Million | CA$550.13K | ▼ -2.5 pp |
| 2021 | 93.2% | CA$4.70 Million | CA$5.04 Million | CA$341.03K | ▲ +2.4 pp |
| 2020 | 90.8% | CA$2.90 Million | CA$3.20 Million | CA$294.61K | ▼ -2.6 pp |
| 2019 | 93.4% | CA$2.94 Million | CA$3.15 Million | CA$208.65K | ▼ -1.4 pp |
| 2018 | 94.8% | CA$1.15 Million | CA$1.21 Million | CA$62.71K | ▼ -1.2 pp |
| 2017 | 96.0% | CA$2.77 Million | CA$2.88 Million | CA$114.60K | ▼ -2.7 pp |
| 2016 | 98.7% | CA$840.41K | CA$851.40K | CA$10.99K | ▲ +1.3 pp |
| 2015 | 97.4% | CA$1.20 Million | CA$1.23 Million | CA$31.70K | ▲ +1.8 pp |
| 2014 | 95.6% | CA$1.58 Million | CA$1.65 Million | CA$71.70K | ▲ +2.6 pp |
| 2013 | 93.1% | CA$1.22 Million | CA$1.31 Million | CA$90.61K | ▼ -6.2 pp |
| 2012 | 99.3% | CA$720.03K | CA$725.21K | CA$5.18K | — |