Trailblazer Merger Corporation I Class A Common Stock (TBMC) — Net Asset Quality Index
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. Read TBMC total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
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. For live market cap and overall valuation, see market value of Trailblazer Merger Corporation I Class A.
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. See what is Trailblazer Merger Corporation I Class A's book value for net asset value and shareholders' equity analysis.
| 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 | — |