Somalogic Inc (SLGC) — Net Asset Quality Index

Latest as of September 2023: 87.9%

Somalogic Inc (SLGC) has a Net Asset Quality Index of 87.9% as of September 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $565.05 Million minus total liabilities of $68.31 Million yields net assets of $496.74 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check SLGC financial resilience to evaluate the company's liquid asset resilience ratio.

Quality Index

87.9%
Equity / Total Assets

Net Assets

$496.74 Million
USD

Total Assets

$565.05 Million
USD

Total Liabilities

$68.31 Million
USD

Somalogic Inc Net Asset Quality Index Over Time (2019–2022)

This chart shows how Somalogic Inc's Net Asset Quality Index has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the index stands at 87.9%, representing net assets of $496.74 Million against total assets of $565.05 Million USD. See SLGC current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Somalogic Inc (2019–2022)

The table below presents the year-by-year Net Asset Quality Index for Somalogic Inc from 2019 to 2022, 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 market value of Somalogic Inc.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2022 86.9% $562.56 Million $647.37 Million $84.82 Million ▲ +0.2 pp
2021 86.7% $612.02 Million $706.10 Million $94.08 Million ▲ +9.9 pp
2020 76.7% $185.92 Million $242.29 Million $56.37 Million ▲ +48.1 pp
2019 28.7% $20.42 Million $71.26 Million $50.84 Million
pp = percentage points