Toughbuilt Industries Inc Net Asset Quality Index
Toughbuilt Industries Inc net asset quality index. Toughbuilt Industries Inc (TBLT) has a Net Asset Quality Index of -18.8% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $51.79 Million minus total liabilities of $61.51 Million yields net assets of $-9.72 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Toughbuilt Industries Inc (TBLT) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Toughbuilt Industries Inc (2014–2024)
Net asset quality index of Toughbuilt Industries Inc from 2014 to 2024. This chart shows how Toughbuilt Industries Inc's Net Asset Quality Index has evolved across 11 annual periods from 2014 to 2024. As of September 2024, the index stands at -18.8%, representing net assets of $-9.72 Million against total assets of $51.79 Million USD. See TBLT net asset value for net asset value and shareholders' equity analysis.
Toughbuilt Industries Inc Net Asset Quality Index by Year (2014–2024)
Toughbuilt Industries Inc net asset quality index by year from 2014 to 2024. The table below presents the year-by-year Net Asset Quality Index for Toughbuilt Industries Inc from 2014 to 2024, covering 11 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 live market cap and overall valuation, see Toughbuilt Industries Inc stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -18.8% | $-9.72 Million | $51.79 Million | $61.51 Million | ▲ +0.0 pp |
| 2023 | -18.8% | $-9.72 Million | $51.79 Million | $61.51 Million | ▼ -54.2 pp |
| 2022 | 35.4% | $29.71 Million | $83.92 Million | $54.21 Million | ▼ -37.9 pp |
| 2021 | 73.3% | $57.90 Million | $78.95 Million | $21.06 Million | ▲ +3.0 pp |
| 2020 | 70.4% | $19.35 Million | $27.49 Million | $8.14 Million | ▲ +39.6 pp |
| 2019 | 30.8% | $3.23 Million | $10.47 Million | $7.24 Million | ▲ +245.0 pp |
| 2018 | -214.2% | $-18.96 Million | $8.85 Million | $27.81 Million | ▲ +191.7 pp |
| 2017 | -405.9% | $-9.75 Million | $2.40 Million | $12.15 Million | ▼ -291.1 pp |
| 2016 | -114.8% | $-3.92 Million | $3.41 Million | $7.33 Million | ▼ -86.4 pp |
| 2015 | -28.4% | $-432.97K | $1.52 Million | $1.96 Million | ▲ +0.6 pp |
| 2014 | -29.0% | $-465.28K | $1.60 Million | $2.07 Million | — |