Northern Shield Resources Inc. (NRN) — Net Asset Quality Index
Northern Shield Resources Inc. (NRN) has a Net Asset Quality Index of 91.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$5.02 Million minus total liabilities of CA$451.66K yields net assets of CA$4.57 Million. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Northern Shield Resources Inc. to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Northern Shield Resources Inc. Net Asset Quality Index Over Time (2002–2025)
This chart shows how Northern Shield Resources Inc.'s Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the index stands at 91.0%, representing net assets of CA$4.57 Million against total assets of CA$5.02 Million CAD. Explore NRN operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Northern Shield Resources Inc. (2002–2025)
The table below presents the year-by-year Net Asset Quality Index for Northern Shield Resources Inc. from 2002 to 2025, covering 24 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 Shield Resources Inc. stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 87.8% | CA$3.69 Million | CA$4.20 Million | CA$511.27K | ▲ +10.4 pp |
| 2024 | 77.4% | CA$2.30 Million | CA$2.98 Million | CA$671.58K | ▼ -9.0 pp |
| 2023 | 86.4% | CA$5.20 Million | CA$6.02 Million | CA$816.62K | ▼ -3.8 pp |
| 2022 | 90.3% | CA$5.21 Million | CA$5.77 Million | CA$561.51K | ▼ -3.9 pp |
| 2021 | 94.2% | CA$5.38 Million | CA$5.71 Million | CA$334.01K | ▲ +3.0 pp |
| 2020 | 91.2% | CA$5.01 Million | CA$5.50 Million | CA$484.16K | ▲ +6.1 pp |
| 2019 | 85.1% | CA$2.39 Million | CA$2.81 Million | CA$417.76K | ▼ -3.8 pp |
| 2018 | 88.9% | CA$1.64 Million | CA$1.84 Million | CA$204.56K | ▼ -6.2 pp |
| 2017 | 95.1% | CA$2.73 Million | CA$2.87 Million | CA$140.84K | ▲ +5.1 pp |
| 2016 | 90.0% | CA$3.47 Million | CA$3.86 Million | CA$388.00K | ▲ +39.3 pp |
| 2015 | 50.6% | CA$296.50K | CA$585.57K | CA$289.07K | ▼ -41.4 pp |
| 2014 | 92.0% | CA$3.76 Million | CA$4.09 Million | CA$327.31K | ▲ +0.9 pp |
| 2013 | 91.1% | CA$8.24 Million | CA$9.05 Million | CA$809.98K | ▼ -3.9 pp |
| 2012 | 94.9% | CA$9.85 Million | CA$10.37 Million | CA$525.10K | ▲ +6.6 pp |
| 2011 | 88.4% | CA$6.58 Million | CA$7.45 Million | CA$867.83K | ▼ -6.5 pp |
| 2010 | 94.8% | CA$5.29 Million | CA$5.58 Million | CA$288.02K | ▼ -1.1 pp |
| 2009 | 95.9% | CA$4.40 Million | CA$4.59 Million | CA$187.84K | ▲ +3.5 pp |
| 2008 | 92.4% | CA$4.52 Million | CA$4.89 Million | CA$369.74K | ▼ -1.0 pp |
| 2007 | 93.4% | CA$2.74 Million | CA$2.93 Million | CA$194.03K | ▼ -1.9 pp |
| 2006 | 95.3% | CA$2.99 Million | CA$3.13 Million | CA$146.68K | ▲ +0.4 pp |
| 2005 | 94.9% | CA$2.62 Million | CA$2.76 Million | CA$141.21K | ▲ +1.9 pp |
| 2004 | 92.9% | CA$2.25 Million | CA$2.42 Million | CA$171.15K | ▲ +8.1 pp |
| 2003 | 84.9% | CA$1.13 Million | CA$1.33 Million | CA$200.61K | ▼ -13.0 pp |
| 2002 | 97.8% | CA$178.79K | CA$182.74K | CA$3.95K | — |