Transforma Resources Corp (TFM) — Net Asset Quality Index
Transforma Resources Corp (TFM) has a Net Asset Quality Index of -54.9% as of September 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$338.65K minus total liabilities of CA$524.45K yields net assets of CA$-185.80K. A higher index indicates a stronger, lower-leverage balance sheet. Also explore Transforma Resources Corp balance sheet assets for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Transforma Resources Corp Net Asset Quality Index Over Time (2017–2022)
This chart shows how Transforma Resources Corp's Net Asset Quality Index has evolved across 6 annual periods from 2017 to 2022. As of September 2023, the index stands at -54.9%, representing net assets of CA$-185.80K against total assets of CA$338.65K CAD. See Transforma Resources Corp (TFM) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Transforma Resources Corp (2017–2022)
The table below presents the year-by-year Net Asset Quality Index for Transforma Resources Corp from 2017 to 2022, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see TFM company net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -102.9% | CA$-269.71K | CA$262.09K | CA$531.80K | ▲ +260.6 pp |
| 2021 | -363.5% | CA$-941.49K | CA$259.02K | CA$1.20 Million | ▼ -8.3 pp |
| 2020 | -355.2% | CA$-724.56K | CA$203.98K | CA$928.54K | ▼ -174.2 pp |
| 2019 | -181.0% | CA$-491.27K | CA$271.42K | CA$762.69K | ▼ -109.0 pp |
| 2018 | -72.0% | CA$-195.13K | CA$270.88K | CA$466.01K | ▲ +13.1 pp |
| 2017 | -85.1% | CA$-154.70K | CA$181.69K | CA$336.38K | — |