Smith Micro Software Inc (SMSI) — Net Asset Quality Index
Smith Micro Software Inc (SMSI) has a Net Asset Quality Index of 73.3% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $27.13 Million minus total liabilities of $7.24 Million yields net assets of $19.89 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Smith Micro Software Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Smith Micro Software Inc Net Asset Quality Index Over Time (1994–2024)
This chart shows how Smith Micro Software Inc's Net Asset Quality Index has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the index stands at 73.3%, representing net assets of $19.89 Million against total assets of $27.13 Million USD. See SMSI current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Smith Micro Software Inc (1994–2024)
The table below presents the year-by-year Net Asset Quality Index for Smith Micro Software Inc from 1994 to 2024, covering 31 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 SMSI company net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 84.8% | $40.76 Million | $48.05 Million | $7.29 Million | ▼ -3.3 pp |
| 2023 | 88.1% | $75.39 Million | $85.58 Million | $10.19 Million | ▲ +14.4 pp |
| 2022 | 73.7% | $76.38 Million | $103.58 Million | $27.20 Million | ▼ -14.1 pp |
| 2021 | 87.8% | $100.56 Million | $114.51 Million | $13.95 Million | ▲ +7.3 pp |
| 2020 | 80.5% | $58.72 Million | $72.90 Million | $14.19 Million | ▲ +1.0 pp |
| 2019 | 79.6% | $48.68 Million | $61.20 Million | $12.51 Million | ▼ -2.0 pp |
| 2018 | 81.6% | $20.56 Million | $25.20 Million | $4.64 Million | ▲ +48.7 pp |
| 2017 | 32.9% | $4.57 Million | $13.88 Million | $9.31 Million | ▲ +11.5 pp |
| 2016 | 21.4% | $3.06 Million | $14.31 Million | $11.25 Million | ▼ -35.9 pp |
| 2015 | 57.3% | $14.03 Million | $24.47 Million | $10.45 Million | ▲ +2.9 pp |
| 2014 | 54.4% | $14.90 Million | $27.39 Million | $12.49 Million | ▼ -3.2 pp |
| 2013 | 57.6% | $18.17 Million | $31.54 Million | $13.37 Million | ▼ -20.8 pp |
| 2012 | 78.4% | $42.66 Million | $54.40 Million | $11.73 Million | ▼ -2.7 pp |
| 2011 | 81.1% | $64.86 Million | $79.94 Million | $15.08 Million | ▼ -11.8 pp |
| 2010 | 92.9% | $218.26 Million | $234.89 Million | $16.63 Million | ▲ +1.6 pp |
| 2009 | 91.3% | $187.98 Million | $205.93 Million | $17.95 Million | ▼ -2.2 pp |
| 2008 | 93.5% | $165.40 Million | $177.00 Million | $11.59 Million | ▼ -1.7 pp |
| 2007 | 95.1% | $154.51 Million | $162.42 Million | $7.91 Million | ▼ -1.1 pp |
| 2006 | 96.2% | $126.06 Million | $131.03 Million | $4.97 Million | ▲ +5.0 pp |
| 2005 | 91.2% | $38.96 Million | $42.72 Million | $3.76 Million | ▲ +4.7 pp |
| 2004 | 86.5% | $11.10 Million | $12.83 Million | $1.73 Million | ▲ +1.7 pp |
| 2003 | 84.9% | $5.59 Million | $6.59 Million | $997.00K | ▲ +1.9 pp |
| 2002 | 82.9% | $5.61 Million | $6.77 Million | $1.15 Million | ▲ +14.9 pp |
| 2001 | 68.1% | $6.30 Million | $9.26 Million | $2.96 Million | ▼ -13.1 pp |
| 2000 | 81.1% | $12.43 Million | $15.31 Million | $2.89 Million | ▼ -5.6 pp |
| 1999 | 86.8% | $13.80 Million | $15.90 Million | $2.10 Million | ▼ -0.7 pp |
| 1998 | 87.5% | $18.20 Million | $20.80 Million | $2.60 Million | ▼ -5.2 pp |
| 1997 | 92.7% | $20.20 Million | $21.80 Million | $1.60 Million | ▲ +2.2 pp |
| 1996 | 90.5% | $21.80 Million | $24.10 Million | $2.30 Million | ▲ +5.2 pp |
| 1995 | 85.2% | $20.20 Million | $23.70 Million | $3.50 Million | ▲ +4.0 pp |
| 1994 | 81.3% | $2.60 Million | $3.20 Million | $600.00K | — |