RMG Acquisition Corp. III (RMGCF) — Net Asset Quality Index

Latest as of September 2023: -157.4%

RMG Acquisition Corp. III (RMGCF) has a Net Asset Quality Index of -157.4% as of September 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $7.02 Million minus total liabilities of $18.06 Million yields net assets of $-11.04 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore RMGCF current and non-current assets for the complete picture of this company's asset base.

Quality Index

-157.4%
Equity / Total Assets

Net Assets

$-11.04 Million
USD

Total Assets

$7.02 Million
USD

Total Liabilities

$18.06 Million
USD

RMG Acquisition Corp. III Net Asset Quality Index Over Time (2020–2022)

This chart shows how RMG Acquisition Corp. III's Net Asset Quality Index has evolved across 3 annual periods from 2020 to 2022. As of September 2023, the index stands at -157.4%, representing net assets of $-11.04 Million against total assets of $7.02 Million USD. See RMGCF net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for RMG Acquisition Corp. III (2020–2022)

The table below presents the year-by-year Net Asset Quality Index for RMG Acquisition Corp. III from 2020 to 2022, 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 RMGCF market cap overview.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2022 96.0% $467.98 Million $487.34 Million $19.36 Million ▲ +2.6 pp
2021 93.5% $452.10 Million $483.72 Million $31.62 Million ▲ +64.4 pp
2020 29.0% $10.22K $35.22K $25.00K
pp = percentage points