Therma Bright Inc (THRM) — Net Asset Quality Index
Therma Bright Inc (THRM) has a Net Asset Quality Index of -373.1% as of October 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$406.59K minus total liabilities of CA$1.92 Million yields net assets of CA$-1.52 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check THRM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Therma Bright Inc Net Asset Quality Index Over Time (2001–2025)
This chart shows how Therma Bright Inc's Net Asset Quality Index has evolved across 23 annual periods from 2001 to 2025. As of October 2025, the index stands at -373.1%, representing net assets of CA$-1.52 Million against total assets of CA$406.59K CAD. See Therma Bright Inc (THRM) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Therma Bright Inc (2001–2025)
The table below presents the year-by-year Net Asset Quality Index for Therma Bright Inc from 2001 to 2025, covering 23 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Therma Bright Inc stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -629.5% | CA$-1.57 Million | CA$248.69K | CA$1.81 Million | ▼ -671.0 pp |
| 2024 | 41.5% | CA$1.32 Million | CA$3.19 Million | CA$1.87 Million | ▲ +39.5 pp |
| 2023 | 2.0% | CA$44.79K | CA$2.21 Million | CA$2.16 Million | ▼ -66.6 pp |
| 2022 | 68.7% | CA$2.75 Million | CA$4.00 Million | CA$1.25 Million | ▲ +10.0 pp |
| 2021 | 58.7% | CA$1.32 Million | CA$2.24 Million | CA$927.12K | ▲ +39.1 pp |
| 2020 | 19.5% | CA$223.97K | CA$1.15 Million | CA$924.32K | ▲ +364.1 pp |
| 2019 | -344.6% | CA$-286.40K | CA$83.12K | CA$369.52K | ▼ -323.6 pp |
| 2018 | -21.0% | CA$-71.59K | CA$341.24K | CA$412.83K | ▲ +571.4 pp |
| 2017 | -592.4% | CA$-893.85K | CA$150.89K | CA$1.04 Million | ▲ +1389446.9 pp |
| 2016 | -1390039.3% | CA$-1.63 Million | CA$117.00 | CA$1.63 Million | ▼ -810314.8 pp |
| 2015 | -579724.5% | CA$-1.42 Million | CA$245.00 | CA$1.42 Million | ▼ -568856.1 pp |
| 2014 | -10868.4% | CA$-5.52 Million | CA$50.75K | CA$5.57 Million | ▼ -15.8 pp |
| 2013 | -10852.6% | CA$-5.62 Million | CA$51.75K | CA$5.67 Million | ▲ +768802.6 pp |
| 2012 | -779655.2% | CA$-6.61 Million | CA$848.00 | CA$6.61 Million | ▼ -324862.6 pp |
| 2011 | -454792.6% | CA$-5.83 Million | CA$1.28K | CA$5.84 Million | ▲ +47745.0 pp |
| 2009 | -502537.6% | CA$-5.03 Million | CA$1.00K | CA$5.03 Million | ▼ -499973.3 pp |
| 2008 | -2564.3% | CA$-3.54 Million | CA$138.17K | CA$3.68 Million | ▼ -2314.6 pp |
| 2007 | -249.7% | CA$-2.00 Million | CA$799.36K | CA$2.80 Million | ▼ -100.1 pp |
| 2006 | -149.6% | CA$-1.46 Million | CA$978.11K | CA$2.44 Million | ▲ +34.6 pp |
| 2005 | -184.1% | CA$-991.06K | CA$538.26K | CA$1.53 Million | ▼ -161.7 pp |
| 2004 | -22.4% | CA$-117.47K | CA$525.08K | CA$642.55K | ▼ -118.2 pp |
| 2002 | 95.8% | CA$1.61 Million | CA$1.68 Million | CA$69.88K | ▼ -2.9 pp |
| 2001 | 98.7% | CA$633.46K | CA$641.82K | CA$8.35K | — |