TGS Esports Inc (TGS) — Net Asset Quality Index

Latest as of March 2022: -106.1%

TGS Esports Inc (TGS) has a Net Asset Quality Index of -106.1% as of March 2022. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.79 Million minus total liabilities of CA$3.69 Million yields net assets of CA$-1.90 Million. A higher index indicates a stronger, lower-leverage balance sheet. See TGS days of operational coverage to measure how many days the company can operate on defensive assets alone.

Quality Index

-106.1%
Equity / Total Assets

Net Assets

CA$-1.90 Million
CAD

Total Assets

CA$1.79 Million
CAD

Total Liabilities

CA$3.69 Million
CAD

TGS Esports Inc Net Asset Quality Index Over Time (2020–2021)

This chart shows how TGS Esports Inc's Net Asset Quality Index has evolved across 2 annual periods from 2020 to 2021. As of March 2022, the index stands at -106.1%, representing net assets of CA$-1.90 Million against total assets of CA$1.79 Million CAD. Explore TGS Esports Inc (TGS) cash conversion ratio to assess how effectively this company generates cash.

Annual Net Asset Quality Index for TGS Esports Inc (2020–2021)

The table below presents the year-by-year Net Asset Quality Index for TGS Esports Inc from 2020 to 2021, covering 2 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 TGS stock market capitalisation.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2021 -12.0% CA$-272.01K CA$2.27 Million CA$2.54 Million ▲ +388.0 pp
2020 -400.0% CA$-2.80 Million CA$698.91K CA$3.49 Million
pp = percentage points