Thor Explorations Ltd. (THX) — Net Asset Quality Index
Thor Explorations Ltd. (THX) has a Net Asset Quality Index of 93.3% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$407.08 Million minus total liabilities of CA$27.07 Million yields net assets of CA$380.01 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check THX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Thor Explorations Ltd. Net Asset Quality Index Over Time (2001–2025)
This chart shows how Thor Explorations Ltd.'s Net Asset Quality Index has evolved across 25 annual periods from 2001 to 2025. As of December 2025, the index stands at 93.3%, representing net assets of CA$380.01 Million against total assets of CA$407.08 Million CAD. See THX current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Thor Explorations Ltd. (2001–2025)
The table below presents the year-by-year Net Asset Quality Index for Thor Explorations Ltd. from 2001 to 2025, covering 25 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 THX stock market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.3% | CA$380.01 Million | CA$407.08 Million | CA$27.07 Million | ▲ +21.2 pp |
| 2024 | 72.1% | CA$201.25 Million | CA$279.07 Million | CA$77.82 Million | ▲ +28.8 pp |
| 2023 | 43.3% | CA$147.94 Million | CA$341.67 Million | CA$193.73 Million | ▲ +4.4 pp |
| 2022 | 38.9% | CA$86.78 Million | CA$223.25 Million | CA$136.47 Million | ▲ +10.3 pp |
| 2021 | 28.6% | CA$75.17 Million | CA$263.22 Million | CA$188.05 Million | ▼ -26.5 pp |
| 2020 | 55.1% | CA$77.91 Million | CA$141.51 Million | CA$63.59 Million | ▼ -42.8 pp |
| 2019 | 97.9% | CA$52.58 Million | CA$53.71 Million | CA$1.13 Million | ▲ +3.2 pp |
| 2018 | 94.7% | CA$42.83 Million | CA$45.23 Million | CA$2.40 Million | ▲ +2.9 pp |
| 2017 | 91.8% | CA$33.10 Million | CA$36.05 Million | CA$2.95 Million | ▼ -1.0 pp |
| 2016 | 92.8% | CA$31.83 Million | CA$34.28 Million | CA$2.45 Million | ▼ -2.2 pp |
| 2015 | 95.0% | CA$13.56 Million | CA$14.26 Million | CA$706.99K | ▼ -0.9 pp |
| 2014 | 95.9% | CA$12.53 Million | CA$13.06 Million | CA$533.72K | ▼ -0.5 pp |
| 2013 | 96.5% | CA$12.42 Million | CA$12.87 Million | CA$456.44K | ▲ +1.3 pp |
| 2012 | 95.1% | CA$10.00 Million | CA$10.51 Million | CA$514.12K | ▲ +1.7 pp |
| 2011 | 93.4% | CA$5.68 Million | CA$6.08 Million | CA$400.20K | ▼ -6.1 pp |
| 2010 | 99.5% | CA$2.90 Million | CA$2.92 Million | CA$14.92K | ▲ +0.6 pp |
| 2009 | 98.8% | CA$2.98 Million | CA$3.01 Million | CA$34.62K | ▲ +0.1 pp |
| 2008 | 98.7% | CA$1.74 Million | CA$1.76 Million | CA$22.45K | ▼ -0.5 pp |
| 2007 | 99.3% | CA$2.03 Million | CA$2.05 Million | CA$15.33K | ▲ +3.7 pp |
| 2006 | 95.5% | CA$280.21K | CA$293.38K | CA$13.18K | ▲ +22.3 pp |
| 2005 | 73.2% | CA$99.02K | CA$135.20K | CA$36.17K | ▼ -16.1 pp |
| 2004 | 89.3% | CA$166.09K | CA$185.90K | CA$19.80K | ▲ +55.7 pp |
| 2003 | 33.6% | CA$32.46K | CA$96.55K | CA$64.08K | ▼ -48.4 pp |
| 2002 | 82.1% | CA$99.30K | CA$121.00K | CA$21.71K | ▲ +6.3 pp |
| 2001 | 75.7% | CA$155.12K | CA$204.78K | CA$49.66K | — |