Toughbuilt Industries Inc (TBLT) — 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. See Toughbuilt Industries Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Toughbuilt Industries Inc Net Asset Quality Index Over Time (2014–2024)
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. Explore TBLT cash generation efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Toughbuilt Industries Inc (2014–2024)
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 market capitalisation and the full company profile, see Toughbuilt Industries Inc (TBLT) total market value.
| 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 | — |