Magnetic North Acquisition Corp (MNC) — Net Asset Momentum
Magnetic North Acquisition Corp (MNC) recorded a net asset momentum of 89.9% as of September 2023, with net assets of CA$-1.87 Million CAD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See operational self-sufficiency of Magnetic North Acquisition Corp to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
Magnetic North Acquisition Corp Net Asset Momentum (2017–2023)
This chart tracks Magnetic North Acquisition Corp's year-over-year net asset growth across 7 annual reporting periods from 2017 to 2023. The most recent momentum reading is +89.9%, with net assets of CA$-1.87 Million CAD as of September 2023. Read Magnetic North Acquisition Corp balance sheet liabilities for a breakdown of total debt and financial obligations.
Annual Net Asset History for Magnetic North Acquisition Corp (2017–2023)
The table below shows the complete annual net asset history for Magnetic North Acquisition Corp from 2017 to 2023, covering 7 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see MNC stock market capitalisation.
| Year | Net Assets (CAD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2023 | CA$-1.87 Million | CA$14.02 Million | CA$15.89 Million | ▲ +89.9% |
| 2022 | CA$-18.47 Million | CA$554.12K | CA$19.02 Million | ▼ -41.1% |
| 2021 | CA$-13.09 Million | CA$5.24 Million | CA$18.33 Million | ▼ -198.2% |
| 2020 | CA$13.32 Million | CA$13.85 Million | CA$527.52K | ▲ +747.8% |
| 2019 | CA$1.57 Million | CA$2.19 Million | CA$616.77K | ▲ +445.7% |
| 2018 | CA$-454.54K | CA$334.53K | CA$789.06K | ▼ -1581.5% |
| 2017 | CA$-27.03K | CA$377.81K | CA$404.84K | — |