APA Group (APA) — Net Asset Quality Index
APA Group (APA) has a Net Asset Quality Index of 14.5% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$19.16 Billion minus total liabilities of AU$16.39 Billion yields net assets of AU$2.77 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check APA cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
APA Group Net Asset Quality Index Over Time (1999–2025)
This chart shows how APA Group's Net Asset Quality Index has evolved across 27 annual periods from 1999 to 2025. As of December 2025, the index stands at 14.5%, representing net assets of AU$2.77 Billion against total assets of AU$19.16 Billion AUD. See working capital position of APA Group to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for APA Group (1999–2025)
The table below presents the year-by-year Net Asset Quality Index for APA Group from 1999 to 2025, covering 27 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 APA market cap.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 13.4% | AU$2.67 Billion | AU$19.94 Billion | AU$17.27 Billion | ▼ -3.2 pp |
| 2024 | 16.6% | AU$3.25 Billion | AU$19.56 Billion | AU$16.32 Billion | ▲ +5.0 pp |
| 2023 | 11.6% | AU$1.91 Billion | AU$16.52 Billion | AU$14.61 Billion | ▼ -4.7 pp |
| 2022 | 16.2% | AU$2.63 Billion | AU$16.20 Billion | AU$13.57 Billion | ▼ -3.3 pp |
| 2021 | 19.5% | AU$2.95 Billion | AU$15.12 Billion | AU$12.17 Billion | ▲ +0.1 pp |
| 2020 | 19.4% | AU$3.21 Billion | AU$16.54 Billion | AU$13.32 Billion | ▼ -3.9 pp |
| 2019 | 23.3% | AU$3.60 Billion | AU$15.43 Billion | AU$11.83 Billion | ▼ -3.8 pp |
| 2018 | 27.1% | AU$4.13 Billion | AU$15.23 Billion | AU$11.10 Billion | ▲ +0.7 pp |
| 2017 | 26.4% | AU$3.98 Billion | AU$15.05 Billion | AU$11.07 Billion | ▼ -0.7 pp |
| 2016 | 27.1% | AU$4.03 Billion | AU$14.84 Billion | AU$10.81 Billion | ▼ -2.8 pp |
| 2015 | 29.9% | AU$4.38 Billion | AU$14.65 Billion | AU$10.27 Billion | ▼ -1.4 pp |
| 2014 | 31.3% | AU$2.50 Billion | AU$7.97 Billion | AU$5.48 Billion | ▼ -1.3 pp |
| 2013 | 32.7% | AU$2.51 Billion | AU$7.70 Billion | AU$5.18 Billion | ▲ +3.3 pp |
| 2012 | 29.4% | AU$1.61 Billion | AU$5.50 Billion | AU$3.88 Billion | ▼ -1.4 pp |
| 2011 | 30.7% | AU$1.67 Billion | AU$5.43 Billion | AU$3.76 Billion | ▲ +2.7 pp |
| 2010 | 28.0% | AU$1.40 Billion | AU$4.98 Billion | AU$3.59 Billion | ▲ +1.1 pp |
| 2009 | 26.9% | AU$1.28 Billion | AU$4.75 Billion | AU$3.47 Billion | ▲ +2.4 pp |
| 2008 | 24.5% | AU$1.25 Billion | AU$5.10 Billion | AU$3.85 Billion | ▼ -2.9 pp |
| 2007 | 27.4% | AU$1.16 Billion | AU$4.24 Billion | AU$3.08 Billion | ▼ -1.3 pp |
| 2006 | 28.7% | AU$591.46 Million | AU$2.06 Billion | AU$1.47 Billion | ▼ -3.4 pp |
| 2005 | 32.1% | AU$615.22 Million | AU$1.92 Billion | AU$1.30 Billion | ▼ -4.7 pp |
| 2004 | 36.8% | AU$528.01 Million | AU$1.43 Billion | AU$905.66 Million | ▲ +5.9 pp |
| 2003 | 31.0% | AU$443.18 Million | AU$1.43 Billion | AU$988.64 Million | ▼ 0.0 pp |
| 2002 | 31.0% | AU$438.75 Million | AU$1.42 Billion | AU$978.12 Million | ▼ -1.5 pp |
| 2001 | 32.4% | AU$454.10 Million | AU$1.40 Billion | AU$946.74 Million | ▼ -2.0 pp |
| 2000 | 34.4% | AU$477.07 Million | AU$1.39 Billion | AU$910.96 Million | ▼ -0.5 pp |
| 1999 | 34.8% | AU$476.00 Million | AU$1.37 Billion | AU$890.80 Million | — |