Tower Resources Ltd (TWR) — Net Asset Quality Index
Tower Resources Ltd (TWR) has a Net Asset Quality Index of 97.4% as of April 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$9.44 Million minus total liabilities of CA$241.89K yields net assets of CA$9.20 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does Tower Resources Ltd carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tower Resources Ltd Net Asset Quality Index Over Time (2001–2025)
This chart shows how Tower Resources Ltd's Net Asset Quality Index has evolved across 25 annual periods from 2001 to 2025. As of April 2026, the index stands at 97.4%, representing net assets of CA$9.20 Million against total assets of CA$9.44 Million CAD. For live market cap and overall valuation, see TWR stock market capitalisation.
Annual Net Asset Quality Index for Tower Resources Ltd (2001–2025)
The table below presents the year-by-year Net Asset Quality Index for Tower Resources Ltd from 2001 to 2025, 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. Check TWR capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.1% | CA$8.97 Million | CA$9.53 Million | CA$560.64K | ▼ -1.7 pp |
| 2024 | 95.8% | CA$9.17 Million | CA$9.58 Million | CA$403.50K | ▼ -1.0 pp |
| 2023 | 96.8% | CA$8.50 Million | CA$8.78 Million | CA$282.46K | ▲ +2.1 pp |
| 2022 | 94.6% | CA$7.68 Million | CA$8.12 Million | CA$434.62K | ▲ +1.8 pp |
| 2021 | 92.9% | CA$6.62 Million | CA$7.12 Million | CA$509.29K | ▼ -3.4 pp |
| 2020 | 96.3% | CA$5.02 Million | CA$5.21 Million | CA$194.62K | ▼ -2.4 pp |
| 2019 | 98.6% | CA$4.76 Million | CA$4.83 Million | CA$66.06K | ▼ -0.2 pp |
| 2018 | 98.8% | CA$4.85 Million | CA$4.91 Million | CA$58.05K | ▲ +0.5 pp |
| 2017 | 98.3% | CA$5.29 Million | CA$5.38 Million | CA$92.60K | ▲ +14.1 pp |
| 2016 | 84.2% | CA$2.33 Million | CA$2.77 Million | CA$437.16K | ▼ -14.5 pp |
| 2015 | 98.7% | CA$4.00 Million | CA$4.06 Million | CA$51.96K | ▲ +1.6 pp |
| 2014 | 97.1% | CA$4.27 Million | CA$4.39 Million | CA$127.02K | ▲ +3.2 pp |
| 2013 | 93.9% | CA$4.56 Million | CA$4.86 Million | CA$294.50K | ▲ +0.9 pp |
| 2012 | 93.1% | CA$3.42 Million | CA$3.68 Million | CA$255.31K | ▼ -2.3 pp |
| 2011 | 95.3% | CA$2.18 Million | CA$2.29 Million | CA$106.83K | ▲ +0.9 pp |
| 2010 | 94.4% | CA$1.13 Million | CA$1.20 Million | CA$67.23K | ▲ +0.0 pp |
| 2009 | 94.4% | CA$926.85K | CA$982.02K | CA$55.18K | ▼ -1.1 pp |
| 2008 | 95.5% | CA$1.14 Million | CA$1.19 Million | CA$53.76K | ▼ -1.1 pp |
| 2007 | 96.6% | CA$1.83 Million | CA$1.90 Million | CA$64.83K | ▲ +4.9 pp |
| 2006 | 91.7% | CA$2.18 Million | CA$2.37 Million | CA$197.71K | ▲ +4.1 pp |
| 2005 | 87.5% | CA$1.47 Million | CA$1.68 Million | CA$209.79K | ▲ +22.6 pp |
| 2004 | 65.0% | CA$198.09K | CA$304.99K | CA$106.89K | ▲ +98.6 pp |
| 2003 | -33.6% | CA$-34.81K | CA$103.46K | CA$138.27K | ▼ -96.7 pp |
| 2002 | 63.1% | CA$630.43K | CA$999.38K | CA$368.96K | ▲ +21.3 pp |
| 2001 | 41.7% | CA$93.74K | CA$224.57K | CA$130.83K | — |