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. Read Turmalina Metals Corp (TBX) total liabilities for a breakdown of total debt and financial obligations.
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$311.74K CAD. For live market cap and overall valuation, see Turmalina Metals Corp market cap and net worth.
Annual Net Asset Quality Index for Turmalina Metals Corp (2018–2024)
The table below presents the year-by-year Net Asset Quality Index for Turmalina Metals Corp from 2018 to 2024, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Turmalina Metals Corp strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -405.5% | CA$-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 | — |