HAL Trust (HAL) — Net Asset Quality Index
HAL Trust (HAL) has a Net Asset Quality Index of 63.0% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €28.14 Billion minus total liabilities of €10.41 Billion yields net assets of €17.74 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of HAL Trust for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
HAL Trust Net Asset Quality Index Over Time (2002–2025)
This chart shows how HAL Trust's Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the index stands at 63.0%, representing net assets of €17.74 Billion against total assets of €28.14 Billion EUR. For live market cap and overall valuation, see HAL Trust market capitalisation.
Annual Net Asset Quality Index for HAL Trust (2002–2025)
The table below presents the year-by-year Net Asset Quality Index for HAL Trust from 2002 to 2025, covering 24 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 HAL capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (EUR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 63.0% | €17.74 Billion | €28.14 Billion | €10.41 Billion | ▲ +1.2 pp |
| 2024 | 61.8% | €16.91 Billion | €27.34 Billion | €10.43 Billion | ▲ +1.6 pp |
| 2023 | 60.3% | €15.87 Billion | €26.34 Billion | €10.47 Billion | ▲ +3.2 pp |
| 2022 | 57.0% | €15.24 Billion | €26.71 Billion | €11.48 Billion | ▼ -8.4 pp |
| 2021 | 65.4% | €14.81 Billion | €22.62 Billion | €7.82 Billion | ▲ +13.1 pp |
| 2020 | 52.3% | €10.60 Billion | €20.27 Billion | €9.67 Billion | ▼ -1.1 pp |
| 2019 | 53.4% | €10.55 Billion | €19.76 Billion | €9.21 Billion | ▼ -6.8 pp |
| 2018 | 60.1% | €9.91 Billion | €16.48 Billion | €6.57 Billion | ▼ -0.5 pp |
| 2017 | 60.6% | €9.75 Billion | €16.09 Billion | €6.34 Billion | ▲ +1.9 pp |
| 2016 | 58.7% | €9.76 Billion | €16.62 Billion | €6.86 Billion | ▲ +3.9 pp |
| 2015 | 54.8% | €8.56 Billion | €15.62 Billion | €7.06 Billion | ▲ +7.3 pp |
| 2014 | 47.6% | €6.50 Billion | €13.67 Billion | €7.17 Billion | ▼ -18.3 pp |
| 2013 | 65.8% | €4.69 Billion | €7.12 Billion | €2.43 Billion | ▲ +4.0 pp |
| 2012 | 61.9% | €4.35 Billion | €7.04 Billion | €2.68 Billion | ▲ +0.3 pp |
| 2011 | 61.6% | €4.02 Billion | €6.53 Billion | €2.51 Billion | ▼ -1.2 pp |
| 2010 | 62.7% | €3.63 Billion | €5.78 Billion | €2.15 Billion | ▼ -1.9 pp |
| 2009 | 64.6% | €3.20 Billion | €4.96 Billion | €1.75 Billion | ▲ +4.1 pp |
| 2008 | 60.5% | €2.90 Billion | €4.79 Billion | €1.89 Billion | ▼ -2.6 pp |
| 2007 | 63.1% | €2.78 Billion | €4.40 Billion | €1.63 Billion | ▲ +3.7 pp |
| 2006 | 59.4% | €2.25 Billion | €3.80 Billion | €1.54 Billion | ▲ +7.9 pp |
| 2005 | 51.5% | €1.60 Billion | €3.10 Billion | €1.51 Billion | ▲ +3.4 pp |
| 2004 | 48.1% | €1.25 Billion | €2.60 Billion | €1.35 Billion | ▼ -4.2 pp |
| 2003 | 52.3% | €1.30 Billion | €2.49 Billion | €1.19 Billion | ▼ -0.8 pp |
| 2002 | 53.2% | €1.56 Billion | €2.93 Billion | €1.37 Billion | — |