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. See how many days can 29METALS Ltd fund operations to measure how many days the company can operate on defensive assets alone.
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. Explore 29METALS Ltd operating cash flow efficiency to assess how effectively this company generates cash.
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 29M market cap.
| 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 | — |