Vertical Explorations Inc (VERT) — Net Asset Quality Index
Vertical Explorations Inc (VERT) has a Net Asset Quality Index of 84.7% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$6.03 Million minus total liabilities of CA$923.60K yields net assets of CA$5.10 Million. A higher index indicates a stronger, lower-leverage balance sheet. See VERT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Vertical Explorations Inc Net Asset Quality Index Over Time (2007–2026)
This chart shows how Vertical Explorations Inc's Net Asset Quality Index has evolved across 20 annual periods from 2007 to 2026. As of February 2026, the index stands at 84.7%, representing net assets of CA$5.10 Million against total assets of CA$6.03 Million CAD. Explore VERT operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Vertical Explorations Inc (2007–2026)
The table below presents the year-by-year Net Asset Quality Index for Vertical Explorations Inc from 2007 to 2026, covering 20 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 Vertical Explorations Inc (VERT) total market value.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 84.7% | CA$5.10 Million | CA$6.03 Million | CA$923.60K | ▲ +0.8 pp |
| 2025 | 83.9% | CA$5.06 Million | CA$6.03 Million | CA$973.28K | ▼ -5.2 pp |
| 2024 | 89.1% | CA$5.44 Million | CA$6.11 Million | CA$665.81K | ▼ 0.0 pp |
| 2023 | 89.1% | CA$5.00 Million | CA$5.62 Million | CA$610.61K | ▼ -7.6 pp |
| 2022 | 96.7% | CA$5.46 Million | CA$5.65 Million | CA$187.63K | ▲ +11.7 pp |
| 2021 | 85.0% | CA$1.90 Million | CA$2.23 Million | CA$334.68K | ▲ +10.2 pp |
| 2020 | 74.8% | CA$1.42 Million | CA$1.90 Million | CA$479.23K | ▲ +4.1 pp |
| 2019 | 70.7% | CA$1.53 Million | CA$2.16 Million | CA$631.28K | ▲ +17.0 pp |
| 2018 | 53.7% | CA$552.62K | CA$1.03 Million | CA$476.59K | ▲ +1122.4 pp |
| 2017 | -1068.7% | CA$-1.13 Million | CA$105.34K | CA$1.23 Million | ▼ -540.1 pp |
| 2016 | -528.6% | CA$-1.05 Million | CA$199.36K | CA$1.25 Million | ▼ -181.1 pp |
| 2015 | -347.4% | CA$-624.65K | CA$179.79K | CA$804.44K | ▼ -413.6 pp |
| 2014 | 66.2% | CA$1.07 Million | CA$1.61 Million | CA$545.50K | ▼ -15.4 pp |
| 2013 | 81.6% | CA$989.65K | CA$1.21 Million | CA$223.40K | ▲ +13.9 pp |
| 2012 | 67.7% | CA$677.38K | CA$1.00 Million | CA$323.22K | ▼ -26.3 pp |
| 2011 | 94.0% | CA$1.50 Million | CA$1.60 Million | CA$95.74K | ▲ +1.8 pp |
| 2010 | 92.2% | CA$786.48K | CA$853.01K | CA$66.53K | ▼ -4.7 pp |
| 2009 | 97.0% | CA$938.20K | CA$967.71K | CA$29.51K | ▲ +1.1 pp |
| 2008 | 95.8% | CA$785.02K | CA$819.08K | CA$34.06K | ▼ -2.1 pp |
| 2007 | 98.0% | CA$242.69K | CA$247.69K | CA$5.00K | — |