Companies by Net Asset Quality Index
Proportion of total assets financed by equity — a measure of balance sheet independence from debt
Average Quality Index
99.9%
Across companies on this page
Companies with Data
30,903
With balance sheet data
Highest Quality Index
Fuse Cobalt Inc
100.0%
Net Asset Quality Index = (Total Assets − Total Liabilities) / Total Assets × 100
A higher index (closer to 100%) means the company is predominantly equity-financed with minimal debt. Values approaching 0% indicate high leverage. Negative values occur when liabilities exceed assets (negative equity).
A higher index (closer to 100%) means the company is predominantly equity-financed with minimal debt. Values approaching 0% indicate high leverage. Negative values occur when liabilities exceed assets (negative equity).
| Rank | Company | Quality Index | Net Assets | Total Assets | Country | As of |
|---|---|---|---|---|---|---|
| 1 |
Fuse Cobalt Inc
V:FUSE |
100.0% |
CA$5.25 Million
≈ $3.80 Million |
CA$5.25 Million | Canada | Sep 2024 |
| 2 |
Marine Petroleum Trust
NASDAQ:MARPS |
100.0% | $1.01 Million | $1.01 Million | USA | Dec 2025 |
| 3 |
Permianville Royalty Trust
NYSE:PVL |
100.0% | $38.97 Billion | $38.97 Billion | USA | Dec 2025 |
| 4 |
Cleghorn Minerals Ltd
V:CZZ |
100.0% |
CA$1.16 Million
≈ $835.57K |
CA$1.16 Million | Canada | Dec 2022 |
| 5 |
MV Oil Trust
NYSE:MVO |
100.0% | $2.26 Million | $2.26 Million | USA | Dec 2025 |
| 6 |
VOC Energy Trust
NYSE:VOC |
100.0% | $10.40 Billion | $10.40 Billion | USA | Dec 2025 |
| 7 |
Personal Assets Trust plc
LSE:PNL |
100.0% |
£1.68 Billion
≈ $2.26 Billion |
£1.68 Billion | UK | Oct 2025 |
| 8 |
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF |
100.0% | $239.11 Million | $239.11 Million | USA | Jun 2025 |
| 9 |
PT Pelayaran Tamarin Samudra Tbk
JK:TAMU |
100.0% |
Rp557.69 Billion
≈ $32.68 Million |
Rp557.70 Billion | Indonesia | Sep 2025 |
| 10 |
Income Opportunity Realty Investors
NYSE MKT:IOR |
100.0% | $126.93 Million | $126.93 Million | USA | Mar 2026 |
| 11 |
Mesa Royalty Trust
NYSE:MTR |
100.0% | $3.29 Billion | $3.29 Billion | USA | Dec 2025 |
| 12 |
Treasure ASA
OL:TRE |
100.0% |
Nkr785.92 Million
≈ $82.70 Million |
Nkr785.95 Million | Norway | Jun 2025 |
| 13 |
PT Buma Internasional Grup Tbk
JK:DOID |
100.0% |
Rp25.52 Trillion
≈ $1.50 Billion |
Rp25.53 Trillion | Indonesia | Sep 2025 |
| 14 |
Sherborne Investors Guernsey C Ltd
LSE:SIGC |
100.0% |
GBX405.88 Million
≈ $49.38K |
GBX405.92 Million | UK | Jun 2025 |
| 15 |
African Rainbow Capital Investments Ltd
JSE:AIL |
100.0% |
ZAC18.58 Billion
≈ $9.87 Million |
ZAC18.58 Billion | South Africa | Jun 2024 |
| 16 |
Burgenland Holding Aktiengesellschaft
VI:BHD |
100.0% |
€82.55 Million
≈ $96.51 Million |
€82.56 Million | Austria | Sep 2025 |
| 17 |
Lenox Pasifik Investama Tbk PT
JK:LPPS |
100.0% |
Rp996.49 Billion
≈ $58.39 Million |
Rp996.63 Billion | Indonesia | Sep 2025 |
| 18 |
Cantor Equity Partners IV, Inc. Class A Ordinary Shares
NASDAQ:CEPF |
100.0% | $456.85 Million | $456.95 Million | USA | Dec 2025 |
| 19 |
Brederode
LSE:0QWB |
100.0% |
€3.25 Billion
≈ $3.79 Billion |
€3.25 Billion | UK | Jun 2021 |
| 20 |
Sprott Physical Gold Trust
TO:PHYS |
100.0% |
CA$14.11 Billion
≈ $10.21 Billion |
CA$14.12 Billion | Canada | Sep 2025 |
| 21 |
Sprott Physical Gold and Silver Trust
TO:CEF |
100.0% |
CA$7.31 Billion
≈ $5.29 Billion |
CA$7.31 Billion | Canada | Sep 2025 |
| 22 |
Brederode SA
BR:BREB |
100.0% |
€4.23 Billion
≈ $4.94 Billion |
€4.23 Billion | Belgium | Dec 2025 |
| 23 |
REINET INVESTMENTS S.C.A.
F:RNT |
100.0% |
€6.92 Billion
≈ $8.08 Billion |
€6.92 Billion | Germany | Mar 2025 |
| 24 |
Reinet Investments S.C.A
AS:REINA |
100.0% |
€6.92 Billion
≈ $8.08 Billion |
€6.92 Billion | Netherlands | Mar 2025 |
| 25 |
Reinet Investments SCA
JSE:RNI |
100.0% |
ZAC6.92 Billion
≈ $3.67 Million |
ZAC6.92 Billion | South Africa | Mar 2025 |
| 26 |
Borders & Southern Petroleum plc
LSE:BOR |
100.0% |
GBX299.06 Million
≈ $36.39K |
GBX299.15 Million | UK | Jun 2025 |
| 27 |
Intuitive Investments Group Plc
LSE:IIG |
100.0% |
GBX328.04 Million
≈ $39.91K |
GBX328.14 Million | UK | Sep 2025 |
| 28 |
Quest For Growth - Pricaf
BR:QFG |
100.0% |
€138.20 Million
≈ $161.57 Million |
€138.26 Million | Belgium | Jun 2025 |
| 29 |
Sabvest Capital Ltd
JSE:SBP |
100.0% |
ZAC6.06 Billion
≈ $3.22 Million |
ZAC6.06 Billion | South Africa | Dec 2025 |
| 30 |
Starry Sea Acquisition Corp Ordinary Shares
NASDAQ:SSEA |
100.0% | $58.38 Million | $58.41 Million | USA | Sep 2025 |
| 31 |
Pardus Girisim Sermayesi Yatirim Ortakligi A.S.
IS:PRDGS |
100.0% |
TL2.08 Billion
≈ $46.49 Million |
TL2.08 Billion | Turkey | Sep 2025 |
| 32 |
Centara Hotels & Resorts Leasehold Property Fund
BK:CTARAF |
99.9% |
฿1.70 Billion
≈ $53.11 Million |
฿1.70 Billion | Thailand | Jun 2024 |
| 33 |
Inbest Prime VI Inmuebles Socimi SA
MC:YINB6 |
99.9% |
€38.26 Million
≈ $44.73 Million |
€38.29 Million | Spain | Dec 2024 |
| 34 |
GEORGIA CAPITAL LS 001
F:2IX |
99.9% |
€4.46 Billion
≈ $5.22 Billion |
€4.47 Billion | Germany | Jun 2025 |
| 35 |
Georgia Capital PLC
LSE:CGEO |
99.9% |
GBX4.46 Billion
≈ $543.04K |
GBX4.47 Billion | UK | Jun 2025 |
| 36 |
Nebag ag
SW:NBEN |
99.9% |
CHF61.79 Million
≈ $78.12 Million |
CHF61.83 Million | Switzerland | Jun 2025 |
| 37 |
iCapital.biz Berhad
KLSE:5108 |
99.9% |
RM537.58 Million
≈ $134.97 Million |
RM537.96 Million | Malaysia | Sep 2025 |
| 38 |
Inbest Prime VII Inmuebles SOCIMI S.A.
MC:YINB7 |
99.9% |
€13.86 Million
≈ $16.20 Million |
€13.87 Million | Spain | Dec 2022 |
| 39 |
HICL Infrastructure Company Ltd
LSE:HICL |
99.9% |
GBX3.01 Billion
≈ $366.11K |
GBX3.01 Billion | UK | Sep 2025 |
| 40 |
NBEST Prime VIII Inmuebles Socimi SA
MC:YINB8 |
99.9% |
€20.53 Million
≈ $24.00 Million |
€20.54 Million | Spain | Dec 2024 |
| 41 |
Stonebridge Acquisition Corp
NASDAQ:APAC |
99.9% | $58.59 Million | $58.64 Million | USA | Dec 2025 |
| 42 |
Versus Systems Inc
NASDAQ:VSSYW |
99.9% | $4.27 Million | $4.28 Million | USA | Sep 2025 |
| 43 |
AB Traction
ST:TRAC-B |
99.9% |
Skr4.31 Billion
≈ $463.76 Million |
Skr4.31 Billion | Sweden | Dec 2025 |
| 44 |
Vendome Acquisition Corporation I Class A Ordinary Shares
NASDAQ:VNME |
99.9% | $204.44 Million | $204.61 Million | USA | Dec 2025 |
| 45 |
VH Global Sustainable Energy Opportunities PLC
LSE:GSEO |
99.9% |
GBX399.38 Million
≈ $48.59K |
GBX399.73 Million | UK | Jun 2025 |
| 46 |
aReit Prop Ltd
JSE:APO |
99.9% |
ZAC933.81 Million
≈ $496.27K |
ZAC934.63 Million | South Africa | Jun 2023 |
| 47 |
Rcm Beteiligungs AG
F:RCMN |
99.9% |
€31.86 Million
≈ $37.25 Million |
€31.89 Million | Germany | Jun 2025 |
| 48 |
Stinger Resources Inc
V:STNG |
99.9% |
CA$5.94 Million
≈ $4.29 Million |
CA$5.94 Million | Canada | Jun 2025 |
| 49 |
Smithson Investment Trust PLC
LSE:SSON |
99.9% |
GBX1.72 Billion
≈ $209.33K |
GBX1.72 Billion | UK | Dec 2025 |
| 50 |
Trinity Freehold & Leasehold PRP Fund
BK:TNPF |
99.9% |
฿880.77 Million
≈ $27.45 Million |
฿881.62 Million | Thailand | Jun 2024 |
| 51 |
Marwyn Value Investors Limited
LSE:MVI |
99.9% |
GBX148.41 Million
≈ $18.06K |
GBX148.56 Million | UK | Dec 2025 |
| 52 |
Cross Timbers Royalty Trust
NYSE:CRT |
99.9% | $2.13 Billion | $2.13 Billion | USA | Dec 2025 |
| 53 |
Allianz Technology Trust PLC
LSE:ATT |
99.9% |
GBX1.76 Billion
≈ $214.50K |
GBX1.76 Billion | UK | Jun 2025 |
| 54 |
Tarachi Gold Corp
F:4RZ |
99.9% |
€3.20 Million
≈ $3.74 Million |
€3.20 Million | Germany | Jan 2026 |
| 55 |
Tri Continental Closed Fund
NYSE:TY |
99.9% | $1.90 Billion | $1.90 Billion | USA | Jun 2025 |
| 56 |
Octopus Titan VCT
LSE:OTV2 |
99.9% |
GBX786.50 Million
≈ $95.69K |
GBX787.30 Million | UK | Jun 2025 |
| 57 |
Paras Petrofils Limited
NSE:PARASPETRO |
99.9% |
Rs208.09 Million
≈ $2.25 Million |
Rs208.31 Million | India | Sep 2025 |
| 58 |
British Smaller Companies Vct Plc
LSE:BSV |
99.9% |
GBX283.99 Million
≈ $34.55K |
GBX284.29 Million | UK | Sep 2025 |
| 59 |
Yueda Digital Holding
NASDAQ:YDKG |
99.9% | $311.60 Million | $311.93 Million | USA | Mar 2026 |
| 60 |
CVC Income & Growth Limited
LSE:CVCG |
99.9% |
GBX290.84 Million
≈ $35.39K |
GBX291.15 Million | UK | Jun 2025 |
| 61 |
CVC Income & Growth Limited
LSE:CVCE |
99.9% |
€290.05 Million
≈ $339.10 Million |
€290.37 Million | UK | Jun 2025 |
| 62 |
Lindsell Train Investment Trust Plc
LSE:LTI |
99.9% |
£190.43 Million
≈ $255.72 Million |
£190.63 Million | UK | Mar 2025 |
| 63 |
Marwyn Value Investors Ltd
LSE:MVIR |
99.9% |
GBX127.07 Million
≈ $15.46K |
GBX127.21 Million | UK | Jun 2025 |
| 64 |
Apax Global Alpha Ltd
LSE:APAX |
99.9% |
GBX1.11 Billion
≈ $134.74K |
GBX1.11 Billion | UK | Jun 2025 |
| 65 |
RF Acquisition Corp III Ordinary Shares
NASDAQ:RFAM |
99.9% | $101.30 Million | $101.42 Million | USA | Mar 2026 |
| 66 |
Fair Oaks Income Limited
LSE:FA17 |
99.9% | $235.74 Million | $236.01 Million | UK | Dec 2024 |
| 67 |
Fair Oaks Income Limited
LSE:FAIR |
99.9% | $235.74 Million | $236.01 Million | UK | Dec 2024 |
| 68 |
Agronomics Ltd
LSE:ANIC |
99.9% |
GBX124.52 Million
≈ $15.15K |
GBX124.67 Million | UK | Jun 2025 |
| 69 |
Herald Investment Trust
LSE:HRI |
99.9% |
GBX1.28 Billion
≈ $155.35K |
GBX1.28 Billion | UK | Jun 2025 |
| 70 |
Gore Street Energy Storage Fund Plc
LSE:GSF |
99.9% |
GBX519.29 Million
≈ $63.18K |
GBX519.96 Million | UK | Mar 2025 |
| 71 |
LQwD FinTech Corp
V:LQWD |
99.9% |
CA$32.80 Million
≈ $23.73 Million |
CA$32.84 Million | Canada | Nov 2025 |
| 72 |
Bancroft Fund Limited
NYSE MKT:BCV |
99.9% | $173.62 Million | $173.84 Million | USA | Jul 2025 |
| 73 |
Baker Steel Resources Trust
LSE:BSRT |
99.9% |
GBX111.11 Million
≈ $13.52K |
GBX111.25 Million | UK | Jun 2025 |
| 74 |
SILVER DOLLAR RES
F:4YW |
99.9% |
€23.73 Million
≈ $27.74 Million |
€23.76 Million | Germany | Feb 2026 |
| 75 |
Bluefield Solar Income Fund
LSE:BSIF |
99.9% |
GBX638.28 Million
≈ $77.66K |
GBX639.13 Million | UK | Dec 2025 |
| 76 |
Northern 2 Vct Plc
LSE:NTV |
99.9% |
GBX138.41 Million
≈ $16.84K |
GBX138.59 Million | UK | Sep 2025 |
| 77 |
Aurora Investment Trust plc
LSE:ARR |
99.9% |
GBX324.66 Million
≈ $39.50K |
GBX325.10 Million | UK | Jun 2025 |
| 78 |
BlackRock Utility & Infrastructure Trust
NYSE:BUI |
99.9% | $591.05 Million | $591.85 Million | USA | Dec 2025 |
| 79 |
Northern 3 Vct Plc
LSE:NTN |
99.9% |
GBX131.78 Million
≈ $16.03K |
GBX131.96 Million | UK | Sep 2025 |
| 80 |
Calisa Acquisition Corp Ordinary shares
NASDAQ:ALIS |
99.9% | $60.93 Million | $61.02 Million | USA | Dec 2025 |
| 81 |
Northern Venture Trust
LSE:NVT |
99.9% |
GBX131.70 Million
≈ $16.02K |
GBX131.89 Million | UK | Sep 2025 |
| 82 |
Global Opportunities Trust Ord
LSE:GOT |
99.9% |
GBX117.45 Million
≈ $14.29K |
GBX117.62 Million | UK | Dec 2025 |
| 83 |
Eagle Capital Growth Fund Inc
NYSE MKT:GRF |
99.9% | $47.73 Million | $47.80 Million | USA | Jun 2025 |
| 84 |
Zanaga Iron Ore Company Limited
F:6ZA |
99.8% |
€90.03 Million
≈ $105.26 Million |
€90.17 Million | Germany | Jun 2025 |
| 85 |
VELA TECHNOL.PLC LS-0001
F:IBNN |
99.8% |
€3.85 Million
≈ $4.50 Million |
€3.86 Million | Germany | Sep 2025 |
| 86 |
Nippon Active Value Fund Plc
LSE:NAVF |
99.8% |
GBX430.62 Million
≈ $52.39K |
GBX431.29 Million | UK | Dec 2025 |
| 87 |
Zanaga Iron Ore Co Ltd
LSE:ZIOC |
99.8% |
GBX90.03 Million
≈ $10.95K |
GBX90.17 Million | UK | Jun 2025 |
| 88 |
Proven Vct PLC
LSE:PVN |
99.8% |
GBX176.53 Million
≈ $21.48K |
GBX176.81 Million | UK | Aug 2025 |
| 89 |
AllianceBernstein Holding L.P.
NYSE:AB |
99.8% | $1.18 Billion | $1.18 Billion | USA | Sep 2025 |
| 90 |
SC II Acquisition Corp. Class A ordinary share
NASDAQ:SCII |
99.8% Annual | $173.90 Million | $174.19 Million | USA | Dec 2025 |
| 91 |
Organización Cultiba S.A.B. de C.V
MX:CULTIBAB |
99.8% |
MX$16.09 Billion
≈ $926.19 Million |
MX$16.12 Billion | Mexico | Dec 2025 |
| 92 |
AGRONOMICS LTD.LS-0000001
F:V77 |
99.8% |
€139.97 Million
≈ $163.64 Million |
€140.21 Million | Germany | Dec 2025 |
| 93 |
Jackson Acquisition Company II
NYSE:JACS |
99.8% | $242.76 Million | $243.18 Million | USA | Dec 2025 |
| 94 |
Catalyst Media Group PLC
LSE:CMX |
99.8% |
GBX30.94 Million
≈ $3.76K |
GBX30.99 Million | UK | Jun 2025 |
| 95 |
Range Capital Acquisition Corp. Ordinary Shares
NASDAQ:RANG |
99.8% | $119.71 Million | $119.91 Million | USA | Sep 2025 |
| 96 |
Columbus Acquisition Corp Ordinary Shares
NASDAQ:COLA |
99.8% | $62.24 Million | $62.34 Million | USA | Sep 2025 |
| 97 |
Proven Growth and Income Vct PLC
LSE:PGOO |
99.8% |
GBX158.45 Million
≈ $19.28K |
GBX158.73 Million | UK | Aug 2025 |
| 98 |
Central Securities Corporation
NYSE MKT:CET |
99.8% | $1.79 Billion | $1.79 Billion | USA | Dec 2025 |
| 99 |
Atreyu Capital Markets Ltd
TA:ATRY |
99.8% |
ILA274.65 Million
≈ $736.33K |
ILA275.14 Million | Israel | Dec 2025 |
| 100 |
Star Pacific Tbk
JK:LPLI |
99.8% |
Rp3.27 Trillion
≈ $191.37 Million |
Rp3.27 Trillion | Indonesia | Sep 2025 |