Mesabi Trust (MSB) — Net Asset Quality Index
Mesabi Trust (MSB) has a Net Asset Quality Index of 83.7% as of April 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $21.92 Million minus total liabilities of $3.58 Million yields net assets of $18.34 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read total liabilities of Mesabi Trust for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
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 April 2026, the index stands at 83.7%, representing net assets of $18.34 Million against total assets of $21.92 Million USD. For live market cap and overall valuation, see Mesabi Trust (MSB) market capitalisation.
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. Check strategic asset allocation of Mesabi Trust to assess the company's strategic physical and investment asset allocation.
| 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 | — |