Newbury Street Acquisition Corp (NBST) — Net Asset Quality Index

Latest as of March 2024: 28.1%

Newbury Street Acquisition Corp (NBST) has a Net Asset Quality Index of 28.1% as of March 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $22.97 Million minus total liabilities of $16.51 Million yields net assets of $6.45 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore balance sheet size of Newbury Street Acquisition Corp for the complete picture of this company's asset base.

Quality Index

28.1%
Equity / Total Assets

Net Assets

$6.45 Million
USD

Total Assets

$22.97 Million
USD

Total Liabilities

$16.51 Million
USD

Newbury Street Acquisition Corp Net Asset Quality Index Over Time (2021–2023)

This chart shows how Newbury Street Acquisition Corp's Net Asset Quality Index has evolved across 3 annual periods from 2021 to 2023. As of March 2024, the index stands at 28.1%, representing net assets of $6.45 Million against total assets of $22.97 Million USD. See Newbury Street Acquisition Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Newbury Street Acquisition Corp (2021–2023)

The table below presents the year-by-year Net Asset Quality Index for Newbury Street Acquisition Corp from 2021 to 2023, covering 3 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 Newbury Street Acquisition Corp market capitalisation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2023 72.2% $16.27 Million $22.54 Million $6.28 Million ▼ -25.8 pp
2022 98.0% $127.44 Million $130.08 Million $2.64 Million ▼ -1.7 pp
2021 99.7% $128.73 Million $129.13 Million $400.04K
pp = percentage points