Spruce Ridge Resources Ltd. Net Asset Quality Index
Spruce Ridge Resources Ltd. net asset quality index. Spruce Ridge Resources Ltd. (SHL) has a Net Asset Quality Index of 95.5% as of October 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$9.95 Million minus total liabilities of CA$449.73K yields net assets of CA$9.50 Million. A higher index indicates a stronger, lower-leverage balance sheet. See SHL total equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Spruce Ridge Resources Ltd. (2001–2025)
Net asset quality index of Spruce Ridge Resources Ltd. from 2001 to 2025. This chart shows how Spruce Ridge Resources Ltd.'s Net Asset Quality Index has evolved across 25 annual periods from 2001 to 2025. As of October 2025, the index stands at 95.5%, representing net assets of CA$9.50 Million against total assets of CA$9.95 Million CAD. Check SHL capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Spruce Ridge Resources Ltd. Net Asset Quality Index by Year (2001–2025)
Spruce Ridge Resources Ltd. net asset quality index by year from 2001 to 2025. The table below presents the year-by-year Net Asset Quality Index for Spruce Ridge Resources Ltd. from 2001 to 2025, covering 25 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 live market cap and overall valuation, see SHL company net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.8% | CA$9.59 Million | CA$10.11 Million | CA$521.68K | ▼ -3.5 pp |
| 2024 | 98.3% | CA$14.18 Million | CA$14.43 Million | CA$241.90K | ▼ -0.2 pp |
| 2023 | 98.5% | CA$10.41 Million | CA$10.57 Million | CA$159.16K | ▲ +2.1 pp |
| 2022 | 96.4% | CA$16.22 Million | CA$16.84 Million | CA$612.23K | ▲ +2.0 pp |
| 2021 | 94.4% | CA$32.22 Million | CA$34.13 Million | CA$1.91 Million | ▼ -2.3 pp |
| 2020 | 96.7% | CA$11.46 Million | CA$11.85 Million | CA$386.60K | ▲ +25.0 pp |
| 2019 | 71.8% | CA$1.37 Million | CA$1.92 Million | CA$541.13K | ▲ +14.7 pp |
| 2018 | 57.0% | CA$847.47K | CA$1.49 Million | CA$639.16K | ▼ -14.7 pp |
| 2017 | 71.7% | CA$1.06 Million | CA$1.47 Million | CA$416.68K | ▲ +20.6 pp |
| 2016 | 51.1% | CA$726.31K | CA$1.42 Million | CA$694.07K | ▼ -7.8 pp |
| 2015 | 59.0% | CA$784.70K | CA$1.33 Million | CA$546.28K | ▼ -5.7 pp |
| 2014 | 64.7% | CA$879.94K | CA$1.36 Million | CA$480.10K | ▼ -17.9 pp |
| 2013 | 82.6% | CA$1.33 Million | CA$1.61 Million | CA$281.33K | ▼ -3.9 pp |
| 2012 | 86.5% | CA$1.06 Million | CA$1.22 Million | CA$164.97K | ▼ -11.1 pp |
| 2011 | 97.6% | CA$5.36 Million | CA$5.50 Million | CA$134.00K | ▲ +4.4 pp |
| 2010 | 93.2% | CA$4.97 Million | CA$5.34 Million | CA$362.76K | ▼ -1.3 pp |
| 2009 | 94.5% | CA$3.03 Million | CA$3.21 Million | CA$175.37K | ▼ -5.0 pp |
| 2008 | 99.5% | CA$4.36 Million | CA$4.38 Million | CA$21.40K | ▼ -0.2 pp |
| 2007 | 99.7% | CA$5.47 Million | CA$5.48 Million | CA$13.88K | ▲ +5.7 pp |
| 2006 | 94.1% | CA$615.98K | CA$654.77K | CA$38.79K | ▲ +26.9 pp |
| 2005 | 67.2% | CA$489.58K | CA$728.67K | CA$239.08K | ▼ -14.7 pp |
| 2004 | 81.9% | CA$654.67K | CA$799.76K | CA$145.09K | ▼ -2.8 pp |
| 2003 | 84.7% | CA$692.40K | CA$817.96K | CA$125.56K | ▼ -8.1 pp |
| 2002 | 92.7% | CA$674.56K | CA$727.64K | CA$53.09K | ▼ -0.7 pp |
| 2001 | 93.4% | CA$635.15K | CA$679.97K | CA$44.82K | — |