Southern Empire Resources Corp (SMP) — Net Asset Quality Index
Southern Empire Resources Corp (SMP) has a Net Asset Quality Index of -43.0% as of January 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.70 Million minus total liabilities of CA$2.44 Million yields net assets of CA$-733.18K. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Southern Empire Resources Corp to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Southern Empire Resources Corp Net Asset Quality Index Over Time (2017–2025)
This chart shows how Southern Empire Resources Corp's Net Asset Quality Index has evolved across 9 annual periods from 2017 to 2025. As of January 2026, the index stands at -43.0%, representing net assets of CA$-733.18K against total assets of CA$1.70 Million CAD. Explore cash flow conversion of Southern Empire Resources Corp to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Southern Empire Resources Corp (2017–2025)
The table below presents the year-by-year Net Asset Quality Index for Southern Empire Resources Corp from 2017 to 2025, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Southern Empire Resources Corp (SMP) market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -85.1% | CA$-1.11 Million | CA$1.30 Million | CA$2.41 Million | ▼ -54.6 pp |
| 2024 | -30.5% | CA$-383.86K | CA$1.26 Million | CA$1.64 Million | ▼ -123.6 pp |
| 2023 | 93.1% | CA$11.42 Million | CA$12.27 Million | CA$850.03K | ▼ -3.6 pp |
| 2022 | 96.7% | CA$15.10 Million | CA$15.62 Million | CA$520.65K | ▲ +0.5 pp |
| 2021 | 96.1% | CA$14.31 Million | CA$14.88 Million | CA$576.28K | ▼ -3.0 pp |
| 2020 | 99.1% | CA$15.74 Million | CA$15.88 Million | CA$144.69K | ▲ +59.2 pp |
| 2019 | 39.8% | CA$165.35K | CA$415.01K | CA$249.66K | ▼ -56.0 pp |
| 2018 | 95.8% | CA$286.44K | CA$298.94K | CA$12.50K | ▼ -0.1 pp |
| 2017 | 95.9% | CA$139.04K | CA$145.00K | CA$5.96K | — |