Providence Gold Mines (PHD) — Net Asset Quality Index
Providence Gold Mines (PHD) has a Net Asset Quality Index of -482.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$42.63K minus total liabilities of CA$248.33K yields net assets of CA$-205.70K. A higher index indicates a stronger, lower-leverage balance sheet. Check Providence Gold Mines liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Providence Gold Mines Net Asset Quality Index Over Time (2013–2024)
This chart shows how Providence Gold Mines's Net Asset Quality Index has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the index stands at -482.5%, representing net assets of CA$-205.70K against total assets of CA$42.63K CAD. See Providence Gold Mines working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Providence Gold Mines (2013–2024)
The table below presents the year-by-year Net Asset Quality Index for Providence Gold Mines from 2013 to 2024, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Providence Gold Mines.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -96.9% | CA$-58.45K | CA$60.33K | CA$118.78K | ▼ -193.1 pp |
| 2023 | 96.2% | CA$2.51 Million | CA$2.61 Million | CA$98.38K | ▼ -0.8 pp |
| 2022 | 97.0% | CA$2.54 Million | CA$2.62 Million | CA$77.71K | ▼ -0.1 pp |
| 2021 | 97.1% | CA$2.61 Million | CA$2.68 Million | CA$77.02K | ▼ -0.4 pp |
| 2020 | 97.5% | CA$2.87 Million | CA$2.94 Million | CA$73.09K | ▲ +6.3 pp |
| 2019 | 91.2% | CA$1.96 Million | CA$2.15 Million | CA$189.66K | ▼ -4.5 pp |
| 2018 | 95.7% | CA$1.68 Million | CA$1.76 Million | CA$75.86K | ▲ +14.8 pp |
| 2017 | 80.8% | CA$745.09K | CA$921.58K | CA$176.50K | ▲ +318.5 pp |
| 2016 | -237.6% | CA$-51.47K | CA$21.66K | CA$73.12K | ▼ -121.6 pp |
| 2015 | -116.0% | CA$-69.57K | CA$59.97K | CA$129.54K | ▼ -132.2 pp |
| 2014 | 16.2% | CA$191.89K | CA$1.19 Million | CA$993.26K | ▼ -81.8 pp |
| 2013 | 98.0% | CA$575.64K | CA$587.33K | CA$11.68K | — |