The a2 Milk Company Ltd Net Asset Quality Index
The a2 Milk Company Ltd net asset quality index. The a2 Milk Company Ltd (A2M) has a Net Asset Quality Index of 54.7% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$1.96 Billion minus total liabilities of AU$887.30 Million yields net assets of AU$1.07 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See The a2 Milk Company Ltd shareholders equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of The a2 Milk Company Ltd (2004–2026)
Net asset quality index of The a2 Milk Company Ltd from 2004 to 2026. This chart shows how The a2 Milk Company Ltd's Net Asset Quality Index has evolved across 21 annual periods from 2004 to 2026. As of June 2026, the index stands at 54.7%, representing net assets of AU$1.07 Billion against total assets of AU$1.96 Billion AUD. Check asset allocation strategy of The a2 Milk Company Ltd to assess the company's strategic physical and investment asset allocation.
The a2 Milk Company Ltd Net Asset Quality Index by Year (2004–2026)
The a2 Milk Company Ltd net asset quality index by year from 2004 to 2026. The table below presents the year-by-year Net Asset Quality Index for The a2 Milk Company Ltd from 2004 to 2026, covering 21 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 A2M stock market capitalisation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 54.7% | AU$1.07 Billion | AU$1.96 Billion | AU$887.30 Million | ▼ -18.9 pp |
| 2025 | 73.7% | AU$1.43 Billion | AU$1.94 Billion | AU$511.37 Million | ▲ +1.2 pp |
| 2024 | 72.4% | AU$1.26 Billion | AU$1.73 Billion | AU$478.10 Million | ▲ +1.1 pp |
| 2023 | 71.3% | AU$1.15 Billion | AU$1.61 Billion | AU$462.21 Million | ▲ +1.7 pp |
| 2022 | 69.6% | AU$1.19 Billion | AU$1.72 Billion | AU$521.89 Million | ▼ -9.4 pp |
| 2021 | 79.0% | AU$1.08 Billion | AU$1.37 Billion | AU$288.05 Million | ▲ +1.0 pp |
| 2020 | 78.0% | AU$1.13 Billion | AU$1.45 Billion | AU$319.25 Million | ▼ -0.2 pp |
| 2019 | 78.2% | AU$787.85 Million | AU$1.01 Billion | AU$219.12 Million | ▲ +0.7 pp |
| 2018 | 77.6% | AU$555.71 Million | AU$716.22 Million | AU$160.51 Million | ▲ +7.3 pp |
| 2017 | 70.2% | AU$241.58 Million | AU$343.93 Million | AU$102.35 Million | ▲ +6.9 pp |
| 2016 | 63.3% | AU$133.08 Million | AU$210.15 Million | AU$77.07 Million | ▼ -2.6 pp |
| 2015 | 66.0% | AU$58.63 Million | AU$88.87 Million | AU$30.24 Million | ▼ -10.5 pp |
| 2014 | 76.5% | AU$58.64 Million | AU$76.64 Million | AU$18.00 Million | ▼ -6.3 pp |
| 2013 | 82.8% | AU$59.93 Million | AU$72.40 Million | AU$12.47 Million | ▲ +7.6 pp |
| 2012 | 75.2% | AU$37.35 Million | AU$49.67 Million | AU$12.32 Million | ▼ -1.8 pp |
| 2011 | 76.9% | AU$25.18 Million | AU$32.73 Million | AU$7.55 Million | ▼ -10.9 pp |
| 2010 | 87.8% | AU$7.27 Million | AU$8.27 Million | AU$1.01 Million | ▲ +1031.3 pp |
| 2008 | -943.4% | AU$-7.62 Million | AU$808.02K | AU$8.43 Million | ▼ -905.6 pp |
| 2007 | -37.8% | AU$-1.38 Million | AU$3.64 Million | AU$5.02 Million | ▲ +57.3 pp |
| 2005 | -95.1% | AU$-223.76K | AU$235.31K | AU$459.07K | ▼ -174.3 pp |
| 2004 | 79.2% | AU$5.43 Million | AU$6.86 Million | AU$1.43 Million | — |