Smith-Midland Corp (SMID) — Net Asset Quality Index
Smith-Midland Corp (SMID) has a Net Asset Quality Index of 61.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $87.73 Million minus total liabilities of $33.42 Million yields net assets of $54.30 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Smith-Midland Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Smith-Midland Corp Net Asset Quality Index Over Time (1994–2025)
This chart shows how Smith-Midland Corp's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the index stands at 61.9%, representing net assets of $54.30 Million against total assets of $87.73 Million USD. See working capital to net assets of Smith-Midland Corp to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Smith-Midland Corp (1994–2025)
The table below presents the year-by-year Net Asset Quality Index for Smith-Midland Corp from 1994 to 2025, covering 32 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 SMID company net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 61.9% | $54.30 Million | $87.73 Million | $33.42 Million | ▲ +0.5 pp |
| 2024 | 61.4% | $41.74 Million | $67.99 Million | $26.25 Million | ▲ +5.7 pp |
| 2023 | 55.7% | $34.16 Million | $61.35 Million | $27.19 Million | ▼ -5.2 pp |
| 2022 | 60.9% | $33.05 Million | $54.31 Million | $21.26 Million | ▲ +1.3 pp |
| 2021 | 59.6% | $31.75 Million | $53.27 Million | $21.52 Million | ▲ +8.7 pp |
| 2020 | 50.9% | $23.65 Million | $46.50 Million | $22.85 Million | ▲ +4.2 pp |
| 2019 | 46.7% | $20.82 Million | $44.60 Million | $23.78 Million | ▲ +1.1 pp |
| 2018 | 45.6% | $18.85 Million | $41.37 Million | $22.52 Million | ▼ -13.3 pp |
| 2017 | 58.9% | $17.20 Million | $29.23 Million | $12.02 Million | ▼ -0.3 pp |
| 2016 | 59.2% | $14.24 Million | $24.05 Million | $9.81 Million | ▼ -1.2 pp |
| 2015 | 60.4% | $11.39 Million | $18.85 Million | $7.46 Million | ▼ -3.8 pp |
| 2014 | 64.3% | $10.47 Million | $16.30 Million | $5.82 Million | ▲ +3.1 pp |
| 2013 | 61.2% | $11.42 Million | $18.66 Million | $7.24 Million | ▼ -3.4 pp |
| 2012 | 64.6% | $10.87 Million | $16.82 Million | $5.95 Million | ▲ +3.4 pp |
| 2011 | 61.2% | $10.73 Million | $17.53 Million | $6.80 Million | ▲ +0.7 pp |
| 2010 | 60.5% | $10.96 Million | $18.12 Million | $7.16 Million | ▲ +5.2 pp |
| 2009 | 55.3% | $8.49 Million | $15.35 Million | $6.87 Million | ▲ +13.0 pp |
| 2008 | 42.2% | $6.57 Million | $15.55 Million | $8.98 Million | ▲ +0.6 pp |
| 2007 | 41.6% | $6.00 Million | $14.44 Million | $8.44 Million | ▲ +10.1 pp |
| 2006 | 31.4% | $4.61 Million | $14.65 Million | $10.05 Million | ▼ -10.9 pp |
| 2005 | 42.3% | $5.33 Million | $12.61 Million | $7.27 Million | ▲ +8.1 pp |
| 2004 | 34.2% | $3.84 Million | $11.23 Million | $7.39 Million | ▲ +7.9 pp |
| 2003 | 26.3% | $3.35 Million | $12.74 Million | $9.39 Million | ▼ -12.5 pp |
| 2002 | 38.8% | $5.24 Million | $13.50 Million | $8.26 Million | ▲ +9.9 pp |
| 2001 | 28.9% | $3.94 Million | $13.64 Million | $9.70 Million | ▲ +11.6 pp |
| 2000 | 17.3% | $1.91 Million | $11.04 Million | $9.14 Million | ▲ +3.0 pp |
| 1999 | 14.3% | $1.31 Million | $9.17 Million | $7.86 Million | ▲ +1.0 pp |
| 1998 | 13.3% | $1.27 Million | $9.57 Million | $8.30 Million | ▼ -12.7 pp |
| 1997 | 26.0% | $2.05 Million | $7.89 Million | $5.84 Million | ▲ +1.1 pp |
| 1996 | 24.9% | $1.79 Million | $7.19 Million | $5.41 Million | ▼ -0.1 pp |
| 1995 | 25.0% | $1.80 Million | $7.20 Million | $5.40 Million | ▲ +18.5 pp |
| 1994 | 6.5% | $400.00K | $6.20 Million | $5.80 Million | — |