Teras Resources Inc (TRA) — 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. Also explore TRA asset base for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Teras Resources Inc Net Asset Quality Index Over Time (2011–2022)
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$344.15K CAD. See working capital position of Teras Resources Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Teras Resources Inc (2011–2022)
The table below presents the year-by-year Net Asset Quality Index for Teras Resources Inc from 2011 to 2022, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see TRA market cap overview.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -10.6% | CA$-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 | — |