musicMagpie PLC (MMAG) — Net Asset Quality Index
musicMagpie PLC (MMAG) has a Net Asset Quality Index of 24.9% as of May 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX37.67 Million minus total liabilities of GBX28.30 Million yields net assets of GBX9.38 Million. A higher index indicates a stronger, lower-leverage balance sheet. See musicMagpie PLC (MMAG) defensive interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
musicMagpie PLC Net Asset Quality Index Over Time (2016–2023)
This chart shows how musicMagpie PLC's Net Asset Quality Index has evolved across 8 annual periods from 2016 to 2023. As of May 2024, the index stands at 24.9%, representing net assets of GBX9.38 Million against total assets of GBX37.67 Million GBX. Explore musicMagpie PLC (MMAG) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for musicMagpie PLC (2016–2023)
The table below presents the year-by-year Net Asset Quality Index for musicMagpie PLC from 2016 to 2023, covering 8 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 musicMagpie PLC market capitalisation.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 27.4% | GBX12.28 Million | GBX44.73 Million | GBX32.45 Million | ▼ -13.6 pp |
| 2022 | 41.0% | GBX19.54 Million | GBX47.65 Million | GBX28.11 Million | ▼ -27.0 pp |
| 2021 | 68.0% | GBX24.28 Million | GBX35.72 Million | GBX11.44 Million | ▲ +59.5 pp |
| 2020 | 8.5% | GBX2.42 Million | GBX28.39 Million | GBX25.98 Million | ▲ +36.2 pp |
| 2019 | -27.7% | GBX-6.45 Million | GBX23.25 Million | GBX29.69 Million | ▼ -2.7 pp |
| 2018 | -25.0% | GBX-5.74 Million | GBX22.95 Million | GBX28.68 Million | ▼ -27.6 pp |
| 2017 | 2.6% | GBX490.00K | GBX18.91 Million | GBX18.42 Million | ▼ -5.5 pp |
| 2016 | 8.1% | GBX1.50 Million | GBX18.37 Million | GBX16.88 Million | — |