Above Food Ingredients Inc. Common Stock (ABVE) — Net Asset Quality Index
Above Food Ingredients Inc. Common Stock (ABVE) has a Net Asset Quality Index of -102.5% as of July 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $112.35 Million minus total liabilities of $227.56 Million yields net assets of $-115.21 Million. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Above Food Ingredients Inc. Common Stock to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Above Food Ingredients Inc. Common Stock Net Asset Quality Index Over Time (2021–2024)
This chart shows how Above Food Ingredients Inc. Common Stock's Net Asset Quality Index has evolved across 4 annual periods from 2021 to 2024. As of July 2024, the index stands at -102.5%, representing net assets of $-115.21 Million against total assets of $112.35 Million USD. Explore ABVE operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Above Food Ingredients Inc. Common Stock (2021–2024)
The table below presents the year-by-year Net Asset Quality Index for Above Food Ingredients Inc. Common Stock from 2021 to 2024, covering 4 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 ABVE market cap.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -32.1% | $-46.26 Million | $143.89 Million | $190.15 Million | ▼ -127.8 pp |
| 2023 | 95.7% | $29.11 Million | $30.42 Million | $1.31 Million | ▼ -4.0 pp |
| 2022 | 99.7% | $199.86 Million | $200.51 Million | $652.18K | ▲ +88.1 pp |
| 2021 | 11.5% | $30.90K | $267.71K | $236.81K | — |