Mindax Ltd (MDX) — Net Asset Quality Index
Mindax Ltd (MDX) has a Net Asset Quality Index of 93.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$30.14 Million minus total liabilities of AU$1.90 Million yields net assets of AU$28.25 Million. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Mindax Ltd to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Mindax Ltd Net Asset Quality Index Over Time (2004–2025)
This chart shows how Mindax Ltd's Net Asset Quality Index has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the index stands at 93.7%, representing net assets of AU$28.25 Million against total assets of AU$30.14 Million AUD. Explore Mindax Ltd (MDX) cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Mindax Ltd (2004–2025)
The table below presents the year-by-year Net Asset Quality Index for Mindax Ltd from 2004 to 2025, covering 22 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 MDX market cap.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 74.4% | AU$25.25 Million | AU$33.93 Million | AU$8.67 Million | ▼ -17.6 pp |
| 2024 | 92.0% | AU$24.60 Million | AU$26.73 Million | AU$2.13 Million | ▼ -6.5 pp |
| 2023 | 98.6% | AU$19.05 Million | AU$19.32 Million | AU$273.95K | ▲ +0.5 pp |
| 2022 | 98.1% | AU$18.62 Million | AU$18.98 Million | AU$360.74K | ▲ +7.4 pp |
| 2021 | 90.7% | AU$3.85 Million | AU$4.25 Million | AU$396.83K | ▲ +47.4 pp |
| 2020 | 43.2% | AU$1.13 Million | AU$2.62 Million | AU$1.49 Million | ▼ -9.0 pp |
| 2019 | 52.2% | AU$1.16 Million | AU$2.22 Million | AU$1.06 Million | ▲ +0.1 pp |
| 2018 | 52.1% | AU$1.14 Million | AU$2.20 Million | AU$1.05 Million | ▼ -5.7 pp |
| 2017 | 57.8% | AU$1.04 Million | AU$1.80 Million | AU$758.78K | ▼ -13.6 pp |
| 2016 | 71.5% | AU$1.13 Million | AU$1.58 Million | AU$450.48K | ▲ +25.2 pp |
| 2015 | 46.2% | AU$809.41K | AU$1.75 Million | AU$941.29K | ▼ -49.2 pp |
| 2014 | 95.4% | AU$21.73 Million | AU$22.78 Million | AU$1.04 Million | ▲ +0.9 pp |
| 2013 | 94.5% | AU$26.66 Million | AU$28.22 Million | AU$1.56 Million | ▼ -3.3 pp |
| 2012 | 97.8% | AU$22.88 Million | AU$23.41 Million | AU$524.10K | ▲ +2.6 pp |
| 2011 | 95.2% | AU$19.01 Million | AU$19.97 Million | AU$966.83K | ▼ -2.9 pp |
| 2010 | 98.1% | AU$19.56 Million | AU$19.95 Million | AU$388.88K | ▲ +1.5 pp |
| 2009 | 96.5% | AU$13.30 Million | AU$13.78 Million | AU$480.11K | ▲ +40.6 pp |
| 2008 | 56.0% | AU$7.91 Million | AU$14.14 Million | AU$6.23 Million | ▼ -39.3 pp |
| 2007 | 95.2% | AU$4.54 Million | AU$4.77 Million | AU$227.60K | ▲ +1.6 pp |
| 2006 | 93.6% | AU$5.11 Million | AU$5.46 Million | AU$349.73K | ▼ -1.2 pp |
| 2005 | 94.8% | AU$4.61 Million | AU$4.86 Million | AU$252.52K | ▲ +23.3 pp |
| 2004 | 71.5% | AU$597.00K | AU$835.00K | AU$238.00K | — |