Total Helium Ltd (TOH) — Net Asset Quality Index
Total Helium Ltd (TOH) has a Net Asset Quality Index of -109.3% as of December 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.27 Million minus total liabilities of CA$2.67 Million yields net assets of CA$-1.39 Million. A higher index indicates a stronger, lower-leverage balance sheet. See TOH defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Total Helium Ltd Net Asset Quality Index Over Time (2021–2024)
This chart shows how Total Helium Ltd's Net Asset Quality Index has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the index stands at -109.3%, representing net assets of CA$-1.39 Million against total assets of CA$1.27 Million CAD. Explore TOH operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Total Helium Ltd (2021–2024)
The table below presents the year-by-year Net Asset Quality Index for Total Helium Ltd from 2021 to 2024, covering 4 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 Total Helium Ltd stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 86.6% | CA$14.35 Million | CA$16.57 Million | CA$2.22 Million | ▼ -7.0 pp |
| 2023 | 93.6% | CA$2.93 Million | CA$3.13 Million | CA$199.00K | ▲ +12.8 pp |
| 2022 | 80.9% | CA$12.24 Million | CA$15.14 Million | CA$2.90 Million | ▲ +22453.0 pp |
| 2021 | -22372.2% | CA$-507.85K | CA$2.27K | CA$510.12K | — |