Magnetic North Acquisition Corp Net Asset Quality Index
Magnetic North Acquisition Corp net asset quality index. Magnetic North Acquisition Corp (MNC) has a Net Asset Quality Index of -358.6% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.02 Million minus total liabilities of CA$4.68 Million yields net assets of CA$-3.66 Million. A higher index indicates a stronger, lower-leverage balance sheet. See MNC book value for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Magnetic North Acquisition Corp (2017–2023)
Net asset quality index of Magnetic North Acquisition Corp from 2017 to 2023. This chart shows how Magnetic North Acquisition Corp's Net Asset Quality Index has evolved across 7 annual periods from 2017 to 2023. As of September 2024, the index stands at -358.6%, representing net assets of CA$-3.66 Million against total assets of CA$1.02 Million CAD. Check MNC PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Magnetic North Acquisition Corp Net Asset Quality Index by Year (2017–2023)
Magnetic North Acquisition Corp net asset quality index by year from 2017 to 2023. The table below presents the year-by-year Net Asset Quality Index for Magnetic North Acquisition Corp from 2017 to 2023, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see MNC stock market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -13.3% | CA$-1.87 Million | CA$14.02 Million | CA$15.89 Million | ▲ +3320.0 pp |
| 2022 | -3333.3% | CA$-18.47 Million | CA$554.12K | CA$19.02 Million | ▼ -3083.7 pp |
| 2021 | -249.6% | CA$-13.09 Million | CA$5.24 Million | CA$18.33 Million | ▼ -345.8 pp |
| 2020 | 96.2% | CA$13.32 Million | CA$13.85 Million | CA$527.52K | ▲ +24.4 pp |
| 2019 | 71.8% | CA$1.57 Million | CA$2.19 Million | CA$616.77K | ▲ +207.7 pp |
| 2018 | -135.9% | CA$-454.54K | CA$334.53K | CA$789.06K | ▼ -128.7 pp |
| 2017 | -7.2% | CA$-27.03K | CA$377.81K | CA$404.84K | — |