Northann Corp. Net Asset Quality Index
Northann Corp. net asset quality index. Northann Corp. (NCL) has a Net Asset Quality Index of 44.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $20.44 Million minus total liabilities of $11.43 Million yields net assets of $9.01 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is Northann Corp.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Northann Corp. (2020–2025)
Net asset quality index of Northann Corp. from 2020 to 2025. This chart shows how Northann Corp.'s Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the index stands at 44.1%, representing net assets of $9.01 Million against total assets of $20.44 Million USD. See Northann Corp. net assets for net asset value and shareholders' equity analysis.
Northann Corp. Net Asset Quality Index by Year (2020–2025)
Northann Corp. net asset quality index by year from 2020 to 2025. The table below presents the year-by-year Net Asset Quality Index for Northann Corp. from 2020 to 2025, covering 6 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 Northann Corp. (NCL) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 44.1% | $9.01 Million | $20.44 Million | $11.43 Million | ▲ +25.3 pp |
| 2024 | 18.7% | $2.60 Million | $13.88 Million | $11.28 Million | ▲ +14.5 pp |
| 2023 | 4.3% | $582.61K | $13.62 Million | $13.04 Million | ▼ -9.4 pp |
| 2022 | 13.7% | $1.97 Million | $14.41 Million | $12.44 Million | ▲ +16.5 pp |
| 2021 | -2.8% | $-403.00K | $14.46 Million | $14.86 Million | ▲ +6.8 pp |
| 2020 | -9.6% | $-1.04 Million | $10.83 Million | $11.87 Million | — |