29METALS Ltd (29M) — Net Asset Quality Index
29METALS Ltd (29M) has a Net Asset Quality Index of 42.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$1.04 Billion minus total liabilities of AU$595.63 Million yields net assets of AU$446.06 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does 29METALS Ltd carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
29METALS Ltd Net Asset Quality Index Over Time (2020–2025)
This chart shows how 29METALS Ltd's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the index stands at 42.8%, representing net assets of AU$446.06 Million against total assets of AU$1.04 Billion AUD. For live market cap and overall valuation, see 29METALS Ltd (29M) market capitalisation.
Annual Net Asset Quality Index for 29METALS Ltd (2020–2025)
The table below presents the year-by-year Net Asset Quality Index for 29METALS Ltd from 2020 to 2025, covering 6 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 29M PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 42.8% | AU$446.06 Million | AU$1.04 Billion | AU$595.63 Million | ▲ +2.4 pp |
| 2024 | 40.4% | AU$419.28 Million | AU$1.04 Billion | AU$618.79 Million | ▼ -2.7 pp |
| 2023 | 43.0% | AU$422.34 Million | AU$981.21 Million | AU$558.86 Million | ▼ -12.3 pp |
| 2022 | 55.4% | AU$715.69 Million | AU$1.29 Billion | AU$577.28 Million | ▼ -3.2 pp |
| 2021 | 58.5% | AU$769.54 Million | AU$1.32 Billion | AU$545.64 Million | ▲ +1.4 pp |
| 2020 | 57.1% | AU$717.42 Million | AU$1.26 Billion | AU$539.14 Million | — |