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. Check 29M cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. See 29METALS Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. For market capitalisation and the full company profile, see 29METALS Ltd market cap and net worth.
| 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 | — |