Thermal Energy International Inc. Net Asset Quality Index
Thermal Energy International Inc. net asset quality index. Thermal Energy International Inc. (TMG) has a Net Asset Quality Index of 31.4% as of November 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$14.04 Million minus total liabilities of CA$9.63 Million yields net assets of CA$4.41 Million. A higher index indicates a stronger, lower-leverage balance sheet. See TMG net asset value for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Thermal Energy International Inc. (1997–2025)
Net asset quality index of Thermal Energy International Inc. from 1997 to 2025. This chart shows how Thermal Energy International Inc.'s Net Asset Quality Index has evolved across 28 annual periods from 1997 to 2025. As of November 2025, the index stands at 31.4%, representing net assets of CA$4.41 Million against total assets of CA$14.04 Million CAD. Check strategic asset allocation of Thermal Energy International Inc. to assess the company's strategic physical and investment asset allocation.
Thermal Energy International Inc. Net Asset Quality Index by Year (1997–2025)
Thermal Energy International Inc. net asset quality index by year from 1997 to 2025. The table below presents the year-by-year Net Asset Quality Index for Thermal Energy International Inc. from 1997 to 2025, covering 28 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 TMG market cap overview.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 29.9% | CA$3.57 Million | CA$11.95 Million | CA$8.38 Million | ▲ +9.5 pp |
| 2024 | 20.4% | CA$3.42 Million | CA$16.79 Million | CA$13.37 Million | ▲ +6.2 pp |
| 2023 | 14.2% | CA$1.92 Million | CA$13.51 Million | CA$11.59 Million | ▲ +3.4 pp |
| 2022 | 10.9% | CA$1.04 Million | CA$9.60 Million | CA$8.55 Million | ▼ -14.8 pp |
| 2021 | 25.7% | CA$2.96 Million | CA$11.55 Million | CA$8.58 Million | ▲ +6.4 pp |
| 2020 | 19.2% | CA$2.01 Million | CA$10.44 Million | CA$8.44 Million | ▼ -10.6 pp |
| 2019 | 29.9% | CA$3.89 Million | CA$13.05 Million | CA$9.15 Million | ▼ -17.4 pp |
| 2018 | 47.2% | CA$4.11 Million | CA$8.69 Million | CA$4.59 Million | ▲ +5.3 pp |
| 2017 | 41.9% | CA$3.51 Million | CA$8.38 Million | CA$4.87 Million | ▼ -10.0 pp |
| 2016 | 51.9% | CA$3.11 Million | CA$5.98 Million | CA$2.88 Million | ▲ +5.6 pp |
| 2015 | 46.4% | CA$2.73 Million | CA$5.90 Million | CA$3.16 Million | ▼ -18.2 pp |
| 2014 | 64.6% | CA$4.81 Million | CA$7.45 Million | CA$2.64 Million | ▲ +1.2 pp |
| 2013 | 63.4% | CA$3.82 Million | CA$6.03 Million | CA$2.21 Million | ▼ -2.5 pp |
| 2012 | 65.8% | CA$6.57 Million | CA$9.97 Million | CA$3.41 Million | ▼ -7.8 pp |
| 2011 | 73.6% | CA$6.41 Million | CA$8.70 Million | CA$2.29 Million | ▼ -4.1 pp |
| 2010 | 77.7% | CA$7.38 Million | CA$9.49 Million | CA$2.11 Million | ▼ -6.1 pp |
| 2009 | 83.8% | CA$10.52 Million | CA$12.55 Million | CA$2.03 Million | ▲ +85.9 pp |
| 2008 | -2.1% | CA$-79.09K | CA$3.69 Million | CA$3.77 Million | ▼ -31.6 pp |
| 2007 | 29.4% | CA$626.96K | CA$2.13 Million | CA$1.50 Million | ▲ +61.6 pp |
| 2006 | -32.1% | CA$-299.30K | CA$931.43K | CA$1.23 Million | ▼ -17.6 pp |
| 2005 | -14.5% | CA$-190.59K | CA$1.31 Million | CA$1.50 Million | ▲ +111.0 pp |
| 2004 | -125.5% | CA$-852.33K | CA$679.01K | CA$1.53 Million | ▲ +49.3 pp |
| 2003 | -174.8% | CA$-1.45 Million | CA$830.45K | CA$2.28 Million | ▼ -134.2 pp |
| 2002 | -40.6% | CA$-399.36K | CA$984.22K | CA$1.38 Million | ▼ -51.6 pp |
| 2001 | 11.0% | CA$413.73K | CA$3.76 Million | CA$3.35 Million | ▲ +102.1 pp |
| 2000 | -91.1% | CA$-543.14K | CA$595.91K | CA$1.14 Million | ▲ +52.7 pp |
| 1998 | -143.8% | CA$-683.34K | CA$475.09K | CA$1.16 Million | ▲ +991.7 pp |
| 1997 | -1135.5% | CA$-1.23 Million | CA$108.15K | CA$1.34 Million | — |