Codan Ltd (CDA) — Net Asset Quality Index
Codan Ltd (CDA) has a Net Asset Quality Index of 61.2% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$912.27 Million minus total liabilities of AU$354.38 Million yields net assets of AU$557.89 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore Codan Ltd balance sheet assets for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Codan Ltd Net Asset Quality Index Over Time (2000–2025)
This chart shows how Codan Ltd's Net Asset Quality Index has evolved across 26 annual periods from 2000 to 2025. As of December 2025, the index stands at 61.2%, representing net assets of AU$557.89 Million against total assets of AU$912.27 Million AUD. See CDA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Codan Ltd (2000–2025)
The table below presents the year-by-year Net Asset Quality Index for Codan Ltd from 2000 to 2025, covering 26 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 how much is Codan Ltd worth.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 57.9% | AU$523.83 Million | AU$904.80 Million | AU$380.98 Million | ▼ -0.2 pp |
| 2024 | 58.1% | AU$446.93 Million | AU$768.71 Million | AU$321.78 Million | ▼ -0.5 pp |
| 2023 | 58.6% | AU$406.33 Million | AU$693.30 Million | AU$286.97 Million | ▼ -3.7 pp |
| 2022 | 62.3% | AU$367.96 Million | AU$590.93 Million | AU$222.98 Million | ▲ +1.9 pp |
| 2021 | 60.4% | AU$303.61 Million | AU$502.85 Million | AU$199.24 Million | ▼ -10.0 pp |
| 2020 | 70.4% | AU$247.34 Million | AU$351.57 Million | AU$104.22 Million | ▼ -6.6 pp |
| 2019 | 77.0% | AU$211.21 Million | AU$274.32 Million | AU$63.10 Million | ▲ +3.0 pp |
| 2018 | 74.0% | AU$188.06 Million | AU$254.30 Million | AU$66.24 Million | ▲ +3.0 pp |
| 2017 | 70.9% | AU$165.00 Million | AU$232.68 Million | AU$67.68 Million | ▲ +5.5 pp |
| 2016 | 65.4% | AU$138.92 Million | AU$212.47 Million | AU$73.54 Million | ▲ +3.9 pp |
| 2015 | 61.5% | AU$128.35 Million | AU$208.67 Million | AU$80.31 Million | ▲ +4.9 pp |
| 2014 | 56.6% | AU$120.29 Million | AU$212.43 Million | AU$92.14 Million | ▼ -2.3 pp |
| 2013 | 59.0% | AU$124.73 Million | AU$211.54 Million | AU$86.81 Million | ▲ +12.3 pp |
| 2012 | 46.6% | AU$79.41 Million | AU$170.28 Million | AU$90.87 Million | ▼ -2.1 pp |
| 2011 | 48.8% | AU$71.88 Million | AU$147.43 Million | AU$75.55 Million | ▲ +8.9 pp |
| 2010 | 39.8% | AU$65.05 Million | AU$163.24 Million | AU$98.19 Million | ▲ +0.5 pp |
| 2009 | 39.4% | AU$63.97 Million | AU$162.56 Million | AU$98.59 Million | ▼ -0.2 pp |
| 2008 | 39.6% | AU$62.04 Million | AU$156.81 Million | AU$94.77 Million | ▼ -34.7 pp |
| 2007 | 74.3% | AU$70.52 Million | AU$94.91 Million | AU$24.38 Million | ▲ +8.1 pp |
| 2006 | 66.2% | AU$69.23 Million | AU$104.58 Million | AU$35.35 Million | ▲ +1.3 pp |
| 2005 | 64.9% | AU$68.58 Million | AU$105.73 Million | AU$37.15 Million | ▲ +0.4 pp |
| 2004 | 64.4% | AU$61.29 Million | AU$95.11 Million | AU$33.82 Million | ▲ +12.3 pp |
| 2003 | 52.2% | AU$47.00 Million | AU$90.10 Million | AU$43.10 Million | ▲ +21.1 pp |
| 2002 | 31.1% | AU$25.17 Million | AU$80.99 Million | AU$55.83 Million | ▲ +6.2 pp |
| 2001 | 24.8% | AU$21.36 Million | AU$85.96 Million | AU$64.61 Million | ▼ -0.5 pp |
| 2000 | 25.3% | AU$19.31 Million | AU$76.33 Million | AU$57.02 Million | — |