Spanish Mountain Gold Ltd (SPA) — Net Asset Quality Index
Spanish Mountain Gold Ltd (SPA) has a Net Asset Quality Index of 98.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$111.87 Million minus total liabilities of CA$1.60 Million yields net assets of CA$110.27 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Spanish Mountain Gold Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Spanish Mountain Gold Ltd Net Asset Quality Index Over Time (1999–2024)
This chart shows how Spanish Mountain Gold Ltd's Net Asset Quality Index has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the index stands at 98.6%, representing net assets of CA$110.27 Million against total assets of CA$111.87 Million CAD. See Spanish Mountain Gold Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Spanish Mountain Gold Ltd (1999–2024)
The table below presents the year-by-year Net Asset Quality Index for Spanish Mountain Gold Ltd from 1999 to 2024, covering 26 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 how much is Spanish Mountain Gold Ltd worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.5% | CA$104.99 Million | CA$106.59 Million | CA$1.60 Million | ▼ -0.8 pp |
| 2023 | 99.3% | CA$96.56 Million | CA$97.25 Million | CA$695.60K | ▲ +1.1 pp |
| 2022 | 98.2% | CA$92.42 Million | CA$94.15 Million | CA$1.73 Million | ▲ +0.1 pp |
| 2021 | 98.0% | CA$91.70 Million | CA$93.52 Million | CA$1.83 Million | ▲ +0.6 pp |
| 2020 | 97.4% | CA$91.35 Million | CA$93.79 Million | CA$2.44 Million | ▼ -0.8 pp |
| 2019 | 98.2% | CA$76.57 Million | CA$77.98 Million | CA$1.40 Million | ▼ 0.0 pp |
| 2018 | 98.2% | CA$76.63 Million | CA$78.01 Million | CA$1.38 Million | ▲ +0.1 pp |
| 2017 | 98.2% | CA$76.89 Million | CA$78.32 Million | CA$1.43 Million | ▼ -1.2 pp |
| 2016 | 99.4% | CA$76.95 Million | CA$77.43 Million | CA$480.77K | ▲ +3.2 pp |
| 2015 | 96.1% | CA$75.43 Million | CA$78.46 Million | CA$3.04 Million | ▼ -0.1 pp |
| 2014 | 96.2% | CA$75.32 Million | CA$78.25 Million | CA$2.94 Million | ▲ +2.1 pp |
| 2013 | 94.1% | CA$74.98 Million | CA$79.66 Million | CA$4.67 Million | ▲ +0.8 pp |
| 2012 | 93.3% | CA$79.32 Million | CA$84.99 Million | CA$5.67 Million | ▲ +2.0 pp |
| 2011 | 91.4% | CA$76.22 Million | CA$83.41 Million | CA$7.19 Million | ▲ +7.4 pp |
| 2010 | 84.0% | CA$53.48 Million | CA$63.71 Million | CA$10.22 Million | ▼ -0.7 pp |
| 2009 | 84.7% | CA$49.48 Million | CA$58.43 Million | CA$8.95 Million | ▼ -1.3 pp |
| 2008 | 86.0% | CA$47.78 Million | CA$55.58 Million | CA$7.80 Million | ▼ -4.7 pp |
| 2007 | 90.6% | CA$19.54 Million | CA$21.56 Million | CA$2.02 Million | ▼ -2.3 pp |
| 2006 | 93.0% | CA$17.16 Million | CA$18.46 Million | CA$1.30 Million | ▼ -6.2 pp |
| 2005 | 99.1% | CA$3.36 Million | CA$3.38 Million | CA$29.09K | ▲ +12.3 pp |
| 2004 | 86.8% | CA$758.66K | CA$873.62K | CA$114.96K | ▼ -11.1 pp |
| 2003 | 97.9% | CA$633.17K | CA$646.75K | CA$13.57K | ▲ +6.1 pp |
| 2002 | 91.8% | CA$201.32K | CA$219.35K | CA$18.03K | ▲ +43.2 pp |
| 2001 | 48.6% | CA$31.50K | CA$64.84K | CA$33.34K | ▼ -47.0 pp |
| 2000 | 95.6% | CA$141.85K | CA$148.37K | CA$6.52K | ▲ +6.4 pp |
| 1999 | 89.2% | CA$141.57K | CA$158.70K | CA$17.12K | — |