True North Gems Inc (TGX) — Net Asset Quality Index
True North Gems Inc (TGX) has a Net Asset Quality Index of -8099.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$87.63K minus total liabilities of CA$7.19 Million yields net assets of CA$-7.10 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check True North Gems Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
True North Gems Inc Net Asset Quality Index Over Time (2013–2024)
This chart shows how True North Gems Inc's Net Asset Quality Index has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the index stands at -8099.7%, representing net assets of CA$-7.10 Million against total assets of CA$87.63K CAD. See TGX working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for True North Gems Inc (2013–2024)
The table below presents the year-by-year Net Asset Quality Index for True North Gems Inc from 2013 to 2024, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see True North Gems Inc stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -6412.4% | CA$-6.87 Million | CA$107.08K | CA$6.97 Million | ▲ +1151.0 pp |
| 2023 | -7563.5% | CA$-6.71 Million | CA$88.72K | CA$6.80 Million | ▼ -3466.6 pp |
| 2022 | -4096.9% | CA$-6.38 Million | CA$155.72K | CA$6.54 Million | ▼ -3398.9 pp |
| 2021 | -698.0% | CA$-5.46 Million | CA$782.89K | CA$6.25 Million | ▲ +260.6 pp |
| 2020 | -958.6% | CA$-5.98 Million | CA$623.79K | CA$6.60 Million | ▲ +3956.6 pp |
| 2019 | -4915.2% | CA$-4.49 Million | CA$91.37K | CA$4.58 Million | ▼ -3958.4 pp |
| 2018 | -956.8% | CA$-5.77 Million | CA$603.53K | CA$6.38 Million | ▲ +4281.4 pp |
| 2017 | -5238.2% | CA$-4.86 Million | CA$92.84K | CA$4.96 Million | ▼ -5158.9 pp |
| 2016 | -79.3% | CA$-868.84K | CA$1.10 Million | CA$1.96 Million | ▼ -163.5 pp |
| 2015 | 84.2% | CA$42.69 Million | CA$50.73 Million | CA$8.04 Million | ▼ -7.3 pp |
| 2014 | 91.4% | CA$29.32 Million | CA$32.07 Million | CA$2.75 Million | ▲ +1.3 pp |
| 2013 | 90.1% | CA$22.75 Million | CA$25.26 Million | CA$2.50 Million | — |