True North Gems Inc Net Asset Quality Index
True North Gems Inc 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 TGX 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 True North Gems Inc (2013–2024)
Net asset quality index of True North Gems Inc from 2013 to 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$87.63K CAD. See True North Gems Inc (TGX) shareholders funds for net asset value and shareholders' equity analysis.
True North Gems Inc Net Asset Quality Index by Year (2013–2024)
True North Gems Inc net asset quality index by year from 2013 to 2024. The table below presents the year-by-year Net Asset Quality Index for True North Gems Inc from 2013 to 2024, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see True North Gems Inc market cap and net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -6412.4% | CA$-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 | — |