Tearlach Resources Ltd Net Asset Quality Index
Tearlach Resources Ltd net asset quality index. Tearlach Resources Ltd (TEA) has a Net Asset Quality Index of 58.8% as of June 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$2.48 Million minus total liabilities of CA$1.02 Million yields net assets of CA$1.46 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Tearlach Resources Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Tearlach Resources Ltd (2017–2023)
Net asset quality index of Tearlach Resources Ltd from 2017 to 2023. This chart shows how Tearlach Resources Ltd's Net Asset Quality Index has evolved across 7 annual periods from 2017 to 2023. As of June 2024, the index stands at 58.8%, representing net assets of CA$1.46 Million against total assets of CA$2.48 Million CAD. See net assets of Tearlach Resources Ltd for net asset value and shareholders' equity analysis.
Tearlach Resources Ltd Net Asset Quality Index by Year (2017–2023)
Tearlach Resources Ltd net asset quality index by year from 2017 to 2023. The table below presents the year-by-year Net Asset Quality Index for Tearlach Resources Ltd from 2017 to 2023, 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 Tearlach Resources Ltd stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 89.5% | CA$3.89 Million | CA$4.34 Million | CA$455.96K | ▲ +387.8 pp |
| 2022 | -298.3% | CA$-400.60K | CA$134.32K | CA$534.91K | ▼ -179.5 pp |
| 2021 | -118.8% | CA$-247.55K | CA$208.37K | CA$455.92K | ▲ +950.9 pp |
| 2020 | -1069.7% | CA$-213.81K | CA$19.99K | CA$233.80K | ▲ +7758.9 pp |
| 2019 | -8828.6% | CA$-164.04K | CA$1.86K | CA$165.89K | ▲ +121950.6 pp |
| 2018 | -130779.3% | CA$-3.95 Million | CA$3.02K | CA$3.95 Million | ▲ +65205.7 pp |
| 2017 | -195985.0% | CA$-3.63 Million | CA$1.85K | CA$3.63 Million | — |