MAS Real Estate Inc (MSP) — Net Asset Quality Index
MAS Real Estate Inc (MSP) has a Net Asset Quality Index of 70.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC1.68 Billion minus total liabilities of ZAC497.74 Million yields net assets of ZAC1.18 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See MSP defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
MAS Real Estate Inc Net Asset Quality Index Over Time (2009–2025)
This chart shows how MAS Real Estate Inc's Net Asset Quality Index has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the index stands at 70.4%, representing net assets of ZAC1.18 Billion against total assets of ZAC1.68 Billion ZAC. Explore MSP cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for MAS Real Estate Inc (2009–2025)
The table below presents the year-by-year Net Asset Quality Index for MAS Real Estate Inc from 2009 to 2025, covering 17 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 MSP market cap.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 65.5% | ZAC1.21 Billion | ZAC1.85 Billion | ZAC639.59 Million | ▼ -0.7 pp |
| 2024 | 66.1% | ZAC1.09 Billion | ZAC1.64 Billion | ZAC556.46 Million | ▲ +0.7 pp |
| 2023 | 65.4% | ZAC964.66 Million | ZAC1.47 Billion | ZAC509.37 Million | ▲ +4.8 pp |
| 2022 | 60.7% | ZAC928.15 Million | ZAC1.53 Billion | ZAC601.45 Million | ▼ -4.9 pp |
| 2021 | 65.5% | ZAC869.42 Million | ZAC1.33 Billion | ZAC457.16 Million | ▲ +4.0 pp |
| 2020 | 61.6% | ZAC796.02 Million | ZAC1.29 Billion | ZAC497.05 Million | ▼ -0.7 pp |
| 2019 | 62.3% | ZAC865.56 Million | ZAC1.39 Billion | ZAC524.29 Million | ▼ -11.7 pp |
| 2018 | 74.0% | ZAC856.79 Million | ZAC1.16 Billion | ZAC301.69 Million | ▼ -2.9 pp |
| 2017 | 76.8% | ZAC583.04 Million | ZAC759.04 Million | ZAC176.00 Million | ▼ -8.9 pp |
| 2016 | 85.7% | ZAC400.84 Million | ZAC467.60 Million | ZAC66.76 Million | ▼ -0.3 pp |
| 2015 | 86.0% | ZAC353.14 Million | ZAC410.46 Million | ZAC57.31 Million | ▼ -7.3 pp |
| 2014 | 93.3% | ZAC289.32 Million | ZAC309.99 Million | ZAC20.67 Million | ▲ +18.9 pp |
| 2013 | 74.4% | ZAC64.22 Million | ZAC86.27 Million | ZAC22.05 Million | ▲ +10.5 pp |
| 2012 | 64.0% | ZAC40.77 Million | ZAC63.73 Million | ZAC22.96 Million | ▲ +13.8 pp |
| 2011 | 50.2% | ZAC19.73 Million | ZAC39.32 Million | ZAC19.59 Million | ▲ +25.1 pp |
| 2010 | 25.1% | ZAC6.62 Million | ZAC26.42 Million | ZAC19.80 Million | ▲ +25.0 pp |
| 2009 | 0.1% | ZAC1.44K | ZAC2.16 Million | ZAC2.16 Million | — |