Canna Global Acquisition Corp (CNGL) — Net Asset Quality Index

Latest as of March 2024: 7.6%

Canna Global Acquisition Corp (CNGL) has a Net Asset Quality Index of 7.6% as of March 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $12.83 Million minus total liabilities of $11.85 Million yields net assets of $975.28K. A higher index indicates a stronger, lower-leverage balance sheet. Check Canna Global Acquisition Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.

Quality Index

7.6%
Equity / Total Assets

Net Assets

$975.28K
USD

Total Assets

$12.83 Million
USD

Total Liabilities

$11.85 Million
USD

Canna Global Acquisition Corp Net Asset Quality Index Over Time (2021–2023)

This chart shows how Canna Global Acquisition Corp's Net Asset Quality Index has evolved across 3 annual periods from 2021 to 2023. As of March 2024, the index stands at 7.6%, representing net assets of $975.28K against total assets of $12.83 Million USD. See Canna Global Acquisition Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Canna Global Acquisition Corp (2021–2023)

The table below presents the year-by-year Net Asset Quality Index for Canna Global Acquisition Corp from 2021 to 2023, covering 3 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 Canna Global Acquisition Corp (CNGL) total market value.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2023 8.7% $1.10 Million $12.53 Million $11.44 Million ▼ -53.3 pp
2022 62.1% $15.33 Million $24.69 Million $9.36 Million ▼ -34.4 pp
2021 96.4% $225.82 Million $234.13 Million $8.32 Million
pp = percentage points