Trailblazer Merger Corporation I Class A Common Stock (TBMC) — Net Asset Quality Index

Latest as of December 2025: -276.7%

Trailblazer Merger Corporation I Class A Common Stock (TBMC) has a Net Asset Quality Index of -276.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $4.31 Million minus total liabilities of $16.24 Million yields net assets of $-11.93 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Trailblazer Merger Corporation I Class A (TBMC) liquidity interval to measure how many days the company can operate on defensive assets alone.

Quality Index

-276.7%
Equity / Total Assets

Net Assets

$-11.93 Million
USD

Total Assets

$4.31 Million
USD

Total Liabilities

$16.24 Million
USD

Trailblazer Merger Corporation I Class A Common Stock Net Asset Quality Index Over Time (2021–2025)

This chart shows how Trailblazer Merger Corporation I Class A Common Stock's Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the index stands at -276.7%, representing net assets of $-11.93 Million against total assets of $4.31 Million USD. Explore cash flow conversion of Trailblazer Merger Corporation I Class A to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Trailblazer Merger Corporation I Class A Common Stock (2021–2025)

The table below presents the year-by-year Net Asset Quality Index for Trailblazer Merger Corporation I Class A Common Stock from 2021 to 2025, covering 5 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 Trailblazer Merger Corporation I Class A stock valuation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 -276.7% $-11.93 Million $4.31 Million $16.24 Million ▼ -350.8 pp
2024 74.1% $20.55 Million $27.73 Million $7.18 Million ▼ -21.5 pp
2023 95.6% $70.55 Million $73.77 Million $3.22 Million ▲ +89.1 pp
2022 6.6% $19.81K $301.85K $282.04K ▲ +8.9 pp
2021 -2.3% $-1.17K $50.00K $51.17K
pp = percentage points