Turmalina Metals Corp (TBX) — Net Asset Quality Index
Turmalina Metals Corp (TBX) has a Net Asset Quality Index of -405.5% as of December 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$311.74K minus total liabilities of CA$1.58 Million yields net assets of CA$-1.26 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore TBX current and non-current assets for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Turmalina Metals Corp Net Asset Quality Index Over Time (2018–2024)
This chart shows how Turmalina Metals Corp's Net Asset Quality Index has evolved across 7 annual periods from 2018 to 2024. As of December 2024, the index stands at -405.5%, representing net assets of CA$-1.26 Million against total assets of CA$311.74K CAD. See working capital position of Turmalina Metals Corp to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Turmalina Metals Corp (2018–2024)
The table below presents the year-by-year Net Asset Quality Index for Turmalina Metals Corp from 2018 to 2024, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Turmalina Metals Corp.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -405.5% | CA$-1.26 Million | CA$311.74K | CA$1.58 Million | ▼ -478.0 pp |
| 2023 | 72.5% | CA$1.39 Million | CA$1.92 Million | CA$528.02K | ▼ -6.6 pp |
| 2022 | 79.1% | CA$1.90 Million | CA$2.40 Million | CA$502.85K | ▼ -18.9 pp |
| 2021 | 98.0% | CA$5.57 Million | CA$5.69 Million | CA$114.69K | ▼ -0.2 pp |
| 2020 | 98.2% | CA$10.82 Million | CA$11.02 Million | CA$202.62K | ▲ +5.9 pp |
| 2019 | 92.2% | CA$5.74 Million | CA$6.22 Million | CA$483.79K | ▲ +305.5 pp |
| 2018 | -213.3% | CA$-217.02K | CA$101.75K | CA$318.77K | — |