Teras Resources Inc Net Asset Quality Index
Teras Resources Inc net asset quality index. Teras Resources Inc (TRA) has a Net Asset Quality Index of -171.0% as of February 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$344.15K minus total liabilities of CA$932.72K yields net assets of CA$-588.58K. A higher index indicates a stronger, lower-leverage balance sheet. See TRA net asset value for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Teras Resources Inc (2011–2022)
Net asset quality index of Teras Resources Inc from 2011 to 2022. This chart shows how Teras Resources Inc's Net Asset Quality Index has evolved across 12 annual periods from 2011 to 2022. As of February 2023, the index stands at -171.0%, representing net assets of CA$-588.58K against total assets of CA$344.15K CAD. Check TRA PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Teras Resources Inc Net Asset Quality Index by Year (2011–2022)
Teras Resources Inc net asset quality index by year from 2011 to 2022. The table below presents the year-by-year Net Asset Quality Index for Teras Resources Inc from 2011 to 2022, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Teras Resources Inc (TRA) market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -10.6% | CA$-76.57K | CA$721.55K | CA$798.12K | ▼ -106.9 pp |
| 2021 | 96.3% | CA$25.68 Million | CA$26.68 Million | CA$1.00 Million | ▼ -0.4 pp |
| 2020 | 96.6% | CA$25.11 Million | CA$25.98 Million | CA$877.73K | ▼ -2.3 pp |
| 2019 | 98.9% | CA$25.22 Million | CA$25.50 Million | CA$285.30K | ▼ -0.4 pp |
| 2018 | 99.3% | CA$25.13 Million | CA$25.31 Million | CA$181.45K | ▲ +0.1 pp |
| 2017 | 99.2% | CA$24.64 Million | CA$24.84 Million | CA$200.25K | ▲ +0.1 pp |
| 2016 | 99.1% | CA$23.88 Million | CA$24.10 Million | CA$225.20K | ▲ +1.6 pp |
| 2015 | 97.5% | CA$23.70 Million | CA$24.32 Million | CA$616.35K | ▲ +2.4 pp |
| 2014 | 95.0% | CA$22.60 Million | CA$23.77 Million | CA$1.18 Million | ▲ +2.1 pp |
| 2013 | 92.9% | CA$15.92 Million | CA$17.13 Million | CA$1.22 Million | ▼ -3.1 pp |
| 2012 | 96.0% | CA$17.27 Million | CA$17.98 Million | CA$717.87K | ▲ +3.5 pp |
| 2011 | 92.5% | CA$9.18 Million | CA$9.92 Million | CA$740.01K | — |