What does it mean? Not a clue. There is no context available for the value reported from the chip. It is purported to represent how leaky the transitors are, but even that lacks a way to quantify against the value reported.
People are sharing their results. I figure we can join in on the fun.
To access the feature right click on the green adapter card icon in the title name bar of the GPU-Z program. With the context menu now open you should be able to find the ASIC Quality option. If that's unclear here is a picture:

My results | eVGA Classified 590:






