Mullen Group Ltd. (MTL) — Net Asset Quality Index
Mullen Group Ltd. (MTL) has a Net Asset Quality Index of 44.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$2.57 Billion minus total liabilities of CA$1.43 Billion yields net assets of CA$1.14 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read total liabilities of Mullen Group Ltd. for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Mullen Group Ltd. Net Asset Quality Index Over Time (1996–2025)
This chart shows how Mullen Group Ltd.'s Net Asset Quality Index has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the index stands at 44.4%, representing net assets of CA$1.14 Billion against total assets of CA$2.57 Billion CAD. For live market cap and overall valuation, see Mullen Group Ltd. (MTL) total market value.
Annual Net Asset Quality Index for Mullen Group Ltd. (1996–2025)
The table below presents the year-by-year Net Asset Quality Index for Mullen Group Ltd. from 1996 to 2025, covering 30 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 Mullen Group Ltd. to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 44.4% | CA$1.14 Billion | CA$2.57 Billion | CA$1.43 Billion | ▲ +0.8 pp |
| 2024 | 43.6% | CA$1.02 Billion | CA$2.33 Billion | CA$1.32 Billion | ▼ -4.2 pp |
| 2023 | 47.7% | CA$974.88 Million | CA$2.04 Billion | CA$1.07 Billion | ▼ -1.0 pp |
| 2022 | 48.8% | CA$973.40 Million | CA$2.00 Billion | CA$1.02 Billion | ▲ +2.5 pp |
| 2021 | 46.2% | CA$888.66 Million | CA$1.92 Billion | CA$1.03 Billion | ▼ -5.9 pp |
| 2020 | 52.2% | CA$896.42 Million | CA$1.72 Billion | CA$821.52 Million | ▼ -0.3 pp |
| 2019 | 52.5% | CA$917.92 Million | CA$1.75 Billion | CA$831.37 Million | ▼ -2.1 pp |
| 2018 | 54.6% | CA$898.08 Million | CA$1.65 Billion | CA$747.78 Million | ▼ -2.0 pp |
| 2017 | 56.5% | CA$989.73 Million | CA$1.75 Billion | CA$760.93 Million | ▲ +5.3 pp |
| 2016 | 51.3% | CA$960.41 Million | CA$1.87 Billion | CA$912.62 Million | ▲ +6.9 pp |
| 2015 | 44.4% | CA$806.64 Million | CA$1.82 Billion | CA$1.01 Billion | ▼ -4.0 pp |
| 2014 | 48.4% | CA$900.94 Million | CA$1.86 Billion | CA$961.19 Million | ▼ -8.3 pp |
| 2013 | 56.7% | CA$900.11 Million | CA$1.59 Billion | CA$687.50 Million | ▲ +3.5 pp |
| 2012 | 53.2% | CA$827.12 Million | CA$1.56 Billion | CA$728.78 Million | ▲ +7.0 pp |
| 2011 | 46.1% | CA$704.30 Million | CA$1.53 Billion | CA$822.84 Million | ▼ -14.8 pp |
| 2010 | 60.9% | CA$1.18 Billion | CA$1.94 Billion | CA$759.29 Million | ▲ +0.3 pp |
| 2009 | 60.6% | CA$1.17 Billion | CA$1.93 Billion | CA$759.66 Million | ▲ +1.8 pp |
| 2008 | 58.8% | CA$1.11 Billion | CA$1.88 Billion | CA$775.14 Million | ▼ -5.1 pp |
| 2007 | 63.9% | CA$1.13 Billion | CA$1.77 Billion | CA$638.36 Million | ▼ -6.5 pp |
| 2006 | 70.5% | CA$1.42 Billion | CA$2.02 Billion | CA$597.18 Million | ▲ +6.0 pp |
| 2005 | 64.5% | CA$327.87 Million | CA$508.62 Million | CA$180.75 Million | ▼ -2.4 pp |
| 2004 | 66.9% | CA$267.98 Million | CA$400.71 Million | CA$132.73 Million | ▲ +8.1 pp |
| 2003 | 58.8% | CA$224.33 Million | CA$381.64 Million | CA$157.31 Million | ▼ -7.3 pp |
| 2002 | 66.1% | CA$194.69 Million | CA$294.53 Million | CA$99.84 Million | ▼ -10.1 pp |
| 2001 | 76.2% | CA$176.52 Million | CA$231.54 Million | CA$55.02 Million | ▲ +7.0 pp |
| 2000 | 69.2% | CA$158.53 Million | CA$229.00 Million | CA$70.46 Million | ▼ -6.2 pp |
| 1999 | 75.5% | CA$133.40 Million | CA$176.80 Million | CA$43.40 Million | ▼ -1.2 pp |
| 1998 | 76.7% | CA$111.20 Million | CA$145.00 Million | CA$33.80 Million | ▲ +6.8 pp |
| 1997 | 69.8% | CA$95.90 Million | CA$137.30 Million | CA$41.40 Million | ▲ +3.3 pp |
| 1996 | 66.6% | CA$75.90 Million | CA$114.00 Million | CA$38.10 Million | — |