Search Minerals Inc (SMY) — Net Asset Quality Index
Search Minerals Inc (SMY) has a Net Asset Quality Index of 77.1% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$32.11 Million minus total liabilities of CA$7.36 Million yields net assets of CA$24.75 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read SMY current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Search Minerals Inc Net Asset Quality Index Over Time (2007–2025)
This chart shows how Search Minerals Inc's Net Asset Quality Index has evolved across 19 annual periods from 2007 to 2025. As of February 2026, the index stands at 77.1%, representing net assets of CA$24.75 Million against total assets of CA$32.11 Million CAD. For live market cap and overall valuation, see SMY market cap.
Annual Net Asset Quality Index for Search Minerals Inc (2007–2025)
The table below presents the year-by-year Net Asset Quality Index for Search Minerals Inc from 2007 to 2025, covering 19 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. Check Search Minerals Inc (SMY) strategic asset index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 75.7% | CA$24.48 Million | CA$32.33 Million | CA$7.85 Million | ▼ -7.1 pp |
| 2024 | 82.8% | CA$25.16 Million | CA$30.37 Million | CA$5.21 Million | ▼ -4.3 pp |
| 2023 | 87.1% | CA$25.67 Million | CA$29.47 Million | CA$3.80 Million | ▼ -4.9 pp |
| 2022 | 92.0% | CA$26.94 Million | CA$29.29 Million | CA$2.35 Million | ▼ -4.3 pp |
| 2021 | 96.3% | CA$20.84 Million | CA$21.65 Million | CA$802.98K | ▲ +12.8 pp |
| 2020 | 83.5% | CA$11.60 Million | CA$13.90 Million | CA$2.30 Million | ▲ +2.2 pp |
| 2019 | 81.3% | CA$10.76 Million | CA$13.24 Million | CA$2.48 Million | ▼ -1.9 pp |
| 2018 | 83.2% | CA$9.94 Million | CA$11.95 Million | CA$2.01 Million | ▼ -3.9 pp |
| 2017 | 87.1% | CA$9.65 Million | CA$11.08 Million | CA$1.43 Million | ▼ -7.5 pp |
| 2016 | 94.5% | CA$9.87 Million | CA$10.44 Million | CA$571.00K | ▲ +3.8 pp |
| 2015 | 90.7% | CA$9.26 Million | CA$10.21 Million | CA$951.36K | ▲ +7.8 pp |
| 2014 | 82.9% | CA$7.75 Million | CA$9.34 Million | CA$1.60 Million | ▼ -5.7 pp |
| 2013 | 88.6% | CA$7.35 Million | CA$8.30 Million | CA$948.13K | ▼ -4.3 pp |
| 2012 | 92.8% | CA$8.60 Million | CA$9.26 Million | CA$662.16K | ▲ +5.8 pp |
| 2011 | 87.1% | CA$14.06 Million | CA$16.15 Million | CA$2.09 Million | ▲ +14.1 pp |
| 2010 | 73.0% | CA$4.38 Million | CA$6.00 Million | CA$1.62 Million | ▼ -7.0 pp |
| 2009 | 79.9% | CA$1.32 Million | CA$1.65 Million | CA$330.46K | ▼ -15.1 pp |
| 2008 | 95.1% | CA$1.22 Million | CA$1.28 Million | CA$63.17K | ▼ -1.9 pp |
| 2007 | 97.0% | CA$414.99K | CA$427.99K | CA$13.00K | — |