Appen Ltd (APX) — Net Asset Quality Index
Appen Ltd (APX) has a Net Asset Quality Index of 62.0% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$152.57 Million minus total liabilities of AU$57.90 Million yields net assets of AU$94.67 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Appen Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Appen Ltd Net Asset Quality Index Over Time (2009–2025)
This chart shows how Appen Ltd's Net Asset Quality Index has evolved across 16 annual periods from 2009 to 2025. As of December 2025, the index stands at 62.0%, representing net assets of AU$94.67 Million against total assets of AU$152.57 Million AUD. See APX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Appen Ltd (2009–2025)
The table below presents the year-by-year Net Asset Quality Index for Appen Ltd from 2009 to 2025, covering 16 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 Appen Ltd market capitalisation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 62.0% | AU$94.67 Million | AU$152.57 Million | AU$57.90 Million | ▼ -5.0 pp |
| 2024 | 67.0% | AU$114.32 Million | AU$170.59 Million | AU$56.27 Million | ▲ +7.2 pp |
| 2023 | 59.8% | AU$136.15 Million | AU$227.65 Million | AU$91.50 Million | ▲ +1.8 pp |
| 2022 | 58.0% | AU$218.22 Million | AU$375.94 Million | AU$157.72 Million | ▼ -20.0 pp |
| 2021 | 78.0% | AU$538.99 Million | AU$690.68 Million | AU$151.69 Million | ▼ -2.9 pp |
| 2020 | 81.0% | AU$484.27 Million | AU$598.21 Million | AU$113.94 Million | ▲ +5.0 pp |
| 2019 | 76.0% | AU$481.78 Million | AU$634.14 Million | AU$152.35 Million | ▲ +17.9 pp |
| 2018 | 58.1% | AU$139.40 Million | AU$239.99 Million | AU$100.59 Million | ▲ +8.4 pp |
| 2017 | 49.7% | AU$93.41 Million | AU$188.05 Million | AU$94.64 Million | ▼ -15.9 pp |
| 2016 | 65.5% | AU$35.40 Million | AU$54.03 Million | AU$18.62 Million | ▼ -2.7 pp |
| 2015 | 68.2% | AU$20.87 Million | AU$30.59 Million | AU$9.73 Million | ▲ +3.0 pp |
| 2014 | 65.2% | AU$19.65 Million | AU$30.14 Million | AU$10.49 Million | ▼ -0.4 pp |
| 2013 | 65.5% | AU$15.60 Million | AU$23.80 Million | AU$8.20 Million | ▲ +34.9 pp |
| 2012 | 30.6% | AU$5.87 Million | AU$19.17 Million | AU$13.30 Million | ▲ +9.6 pp |
| 2011 | 21.0% | AU$4.13 Million | AU$19.66 Million | AU$15.53 Million | ▲ +19.0 pp |
| 2009 | 2.0% | AU$124.00K | AU$6.19 Million | AU$6.07 Million | — |