Torq Resources Inc (TORQ) — Net Asset Quality Index
Torq Resources Inc (TORQ) has a Net Asset Quality Index of -207.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.82 Million minus total liabilities of CA$5.61 Million yields net assets of CA$-3.78 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of Torq Resources Inc to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Torq Resources Inc Net Asset Quality Index Over Time (2000–2024)
This chart shows how Torq Resources Inc's Net Asset Quality Index has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the index stands at -207.6%, representing net assets of CA$-3.78 Million against total assets of CA$1.82 Million CAD. See TORQ net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Torq Resources Inc (2000–2024)
The table below presents the year-by-year Net Asset Quality Index for Torq Resources Inc from 2000 to 2024, covering 25 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see TORQ market cap overview.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -235.5% | CA$-5.65 Million | CA$2.40 Million | CA$8.06 Million | ▼ -260.2 pp |
| 2023 | 24.7% | CA$1.04 Million | CA$4.21 Million | CA$3.17 Million | ▼ -52.2 pp |
| 2022 | 76.9% | CA$12.00 Million | CA$15.61 Million | CA$3.60 Million | ▼ -6.1 pp |
| 2021 | 83.0% | CA$3.31 Million | CA$3.99 Million | CA$676.54K | ▼ -14.7 pp |
| 2020 | 97.8% | CA$8.89 Million | CA$9.09 Million | CA$202.92K | ▼ -0.2 pp |
| 2019 | 98.0% | CA$10.83 Million | CA$11.05 Million | CA$219.26K | ▲ +0.4 pp |
| 2018 | 97.7% | CA$12.37 Million | CA$12.67 Million | CA$297.55K | ▼ -0.4 pp |
| 2017 | 98.0% | CA$17.67 Million | CA$18.02 Million | CA$352.77K | ▲ +10.6 pp |
| 2016 | 87.5% | CA$5.94 Million | CA$6.79 Million | CA$852.14K | ▲ +272.9 pp |
| 2015 | -185.4% | CA$-414.44K | CA$223.52K | CA$637.96K | ▼ -192.1 pp |
| 2014 | 6.7% | CA$45.91K | CA$687.46K | CA$641.54K | ▼ -14.7 pp |
| 2013 | 21.4% | CA$178.80K | CA$836.53K | CA$657.73K | ▼ -9.2 pp |
| 2012 | 30.5% | CA$408.28K | CA$1.34 Million | CA$929.00K | ▼ -63.4 pp |
| 2011 | 94.0% | CA$15.64 Million | CA$16.64 Million | CA$1.00 Million | ▼ -1.9 pp |
| 2010 | 95.9% | CA$308.07K | CA$321.33K | CA$13.26K | ▲ +0.1 pp |
| 2009 | 95.8% | CA$684.23K | CA$714.29K | CA$30.05K | ▼ -3.2 pp |
| 2008 | 99.0% | CA$2.32 Million | CA$2.34 Million | CA$22.44K | ▲ +4.1 pp |
| 2007 | 95.0% | CA$5.65 Million | CA$5.95 Million | CA$298.49K | ▲ +8.9 pp |
| 2006 | 86.1% | CA$813.84K | CA$945.20K | CA$131.36K | ▲ +3.6 pp |
| 2005 | 82.5% | CA$574.48K | CA$696.10K | CA$121.62K | ▲ +16.0 pp |
| 2004 | 66.5% | CA$128.90K | CA$193.76K | CA$64.86K | ▲ +1694.8 pp |
| 2003 | -1628.3% | CA$-59.76K | CA$3.67K | CA$63.43K | ▲ +972.4 pp |
| 2002 | -2600.7% | CA$-46.40K | CA$1.78K | CA$48.18K | ▼ -2273.5 pp |
| 2001 | -327.3% | CA$-29.18K | CA$8.92K | CA$38.10K | ▼ -285.1 pp |
| 2000 | -42.2% | CA$-11.47K | CA$27.17K | CA$38.64K | — |