Mesabi Trust (MSB) — Net Asset Quality Index

Latest as of January 2026: 83.8%

Mesabi Trust (MSB) has a Net Asset Quality Index of 83.8% as of January 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $24.36 Million minus total liabilities of $3.95 Million yields net assets of $20.40 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check asset resilience ratio of Mesabi Trust to evaluate the company's liquid asset resilience ratio.

Quality Index

83.8%
Equity / Total Assets

Net Assets

$20.40 Million
USD

Total Assets

$24.36 Million
USD

Total Liabilities

$3.95 Million
USD

Mesabi Trust Net Asset Quality Index Over Time (1996–2026)

This chart shows how Mesabi Trust's Net Asset Quality Index has evolved across 31 annual periods from 1996 to 2026. As of January 2026, the index stands at 83.8%, representing net assets of $20.40 Million against total assets of $24.36 Million USD. See MSB working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Mesabi Trust (1996–2026)

The table below presents the year-by-year Net Asset Quality Index for Mesabi Trust from 1996 to 2026, covering 31 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 MSB market cap overview.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2026 83.8% $20.40 Million $24.36 Million $3.95 Million ▲ +60.8 pp
2025 22.9% $23.33 Million $101.73 Million $78.40 Million ▼ -55.7 pp
2024 78.6% $20.98 Million $26.69 Million $5.72 Million ▼ -2.4 pp
2023 81.0% $11.44 Million $14.12 Million $2.68 Million ▲ +23.9 pp
2022 57.1% $30.79 Million $53.91 Million $23.12 Million ▼ -14.7 pp
2021 71.9% $16.48 Million $22.93 Million $6.45 Million ▲ +21.8 pp
2020 50.0% $11.83 Million $23.65 Million $11.82 Million ▲ +2.6 pp
2019 47.4% $16.81 Million $35.45 Million $18.65 Million ▲ +7.2 pp
2018 40.2% $10.51 Million $26.12 Million $15.62 Million ▼ -31.4 pp
2017 71.6% $10.21 Million $14.25 Million $4.04 Million ▼ -19.9 pp
2016 91.6% $8.99 Million $9.82 Million $827.79K ▲ +75.6 pp
2015 16.0% $1.61 Million $10.10 Million $8.49 Million ▲ +4.5 pp
2014 11.5% $984.10K $8.55 Million $7.57 Million ▼ -4.0 pp
2013 15.5% $1.18 Million $7.65 Million $6.46 Million ▲ +6.2 pp
2012 9.2% $1.03 Million $11.17 Million $10.14 Million ▼ -1.0 pp
2011 10.2% $987.80K $9.65 Million $8.66 Million ▲ +0.2 pp
2010 10.1% $1.13 Million $11.20 Million $10.07 Million ▼ -60.9 pp
2009 70.9% $3.79 Million $5.35 Million $1.55 Million ▲ +51.4 pp
2008 19.6% $1.66 Million $8.49 Million $6.83 Million ▼ -1.5 pp
2007 21.0% $1.14 Million $5.41 Million $4.27 Million ▼ -23.0 pp
2006 44.0% $4.99 Million $11.33 Million $6.34 Million ▼ -8.4 pp
2005 52.4% $4.32 Million $8.25 Million $3.93 Million ▲ +26.3 pp
2004 26.1% $1.41 Million $5.39 Million $3.98 Million ▼ -3.5 pp
2003 29.7% $1.07 Million $3.59 Million $2.53 Million ▼ -19.7 pp
2002 49.3% $1.09 Million $2.22 Million $1.12 Million ▲ +18.2 pp
2001 31.1% $795.92K $2.56 Million $1.76 Million ▲ +7.1 pp
2000 24.0% $763.38K $3.18 Million $2.42 Million ▼ -1.5 pp
1999 25.6% $712.96K $2.79 Million $2.08 Million ▲ +8.8 pp
1998 16.8% $719.80K $4.29 Million $3.57 Million ▼ -8.2 pp
1997 25.0% $650.61K $2.60 Million $1.95 Million ▲ +1.3 pp
1996 23.7% $541.41K $2.29 Million $1.74 Million
pp = percentage points