Mustang Industrial (5460) — Net Asset Quality Index
Mustang Industrial (5460) has a Net Asset Quality Index of 90.4% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of NT$819.74 Million minus total liabilities of NT$78.91 Million yields net assets of NT$740.83 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read 5460 total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Mustang Industrial Net Asset Quality Index Over Time (2017–2025)
This chart shows how Mustang Industrial's Net Asset Quality Index has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the index stands at 90.4%, representing net assets of NT$740.83 Million against total assets of NT$819.74 Million TWD. For live market cap and overall valuation, see 5460 market cap.
Annual Net Asset Quality Index for Mustang Industrial (2017–2025)
The table below presents the year-by-year Net Asset Quality Index for Mustang Industrial from 2017 to 2025, covering 9 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 asset allocation strategy of Mustang Industrial to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (TWD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.5% | NT$726.59 Million | NT$811.38 Million | NT$84.79 Million | ▲ +0.7 pp |
| 2024 | 88.8% | NT$735.08 Million | NT$827.59 Million | NT$92.52 Million | ▲ +1.1 pp |
| 2023 | 87.7% | NT$710.67 Million | NT$810.54 Million | NT$99.87 Million | ▲ +1.7 pp |
| 2022 | 86.0% | NT$729.53 Million | NT$848.22 Million | NT$118.69 Million | ▲ +2.0 pp |
| 2021 | 84.0% | NT$743.86 Million | NT$885.05 Million | NT$141.20 Million | ▲ +2.3 pp |
| 2020 | 81.8% | NT$777.18 Million | NT$950.29 Million | NT$173.12 Million | ▲ +4.1 pp |
| 2019 | 77.7% | NT$811.79 Million | NT$1.04 Billion | NT$232.56 Million | ▲ +2.7 pp |
| 2018 | 75.0% | NT$909.16 Million | NT$1.21 Billion | NT$302.97 Million | ▼ -2.5 pp |
| 2017 | 77.5% | NT$926.02 Million | NT$1.19 Billion | NT$268.57 Million | — |