Turmalina Metals Corp Net Asset Quality Index

Latest as of December 2024: -405.5%

Turmalina Metals Corp 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. See Turmalina Metals Corp (TBX) shareholders funds for net asset value and shareholders' equity analysis.

Quality Index

-405.5%
Equity / Total Assets

Net Assets

CA$-1.26 Million
CAD

Total Assets

CA$311.74K
CAD

Total Liabilities

CA$1.58 Million
CAD

Net Asset Quality Index of Turmalina Metals Corp (2018–2024)

Net asset quality index of Turmalina Metals Corp from 2018 to 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. Check TBX capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Turmalina Metals Corp Net Asset Quality Index by Year (2018–2024)

Turmalina Metals Corp net asset quality index by year from 2018 to 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 live market cap and overall valuation, see TBX market cap overview.

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 —
pp = percentage points