Challenger Ltd (CGF) — Net Asset Quality Index
Challenger Ltd (CGF) has a Net Asset Quality Index of 11.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$35.37 Billion minus total liabilities of AU$31.26 Billion yields net assets of AU$4.11 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Challenger Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Challenger Ltd Net Asset Quality Index Over Time (2000–2025)
This chart shows how Challenger Ltd's Net Asset Quality Index has evolved across 26 annual periods from 2000 to 2025. As of December 2025, the index stands at 11.6%, representing net assets of AU$4.11 Billion against total assets of AU$35.37 Billion AUD. See CGF working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Challenger Ltd (2000–2025)
The table below presents the year-by-year Net Asset Quality Index for Challenger 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 CGF stock market capitalisation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 11.1% | AU$3.86 Billion | AU$34.95 Billion | AU$31.09 Billion | ▼ -0.6 pp |
| 2024 | 11.6% | AU$3.89 Billion | AU$33.41 Billion | AU$29.52 Billion | ▼ -1.8 pp |
| 2023 | 13.4% | AU$4.16 Billion | AU$30.98 Billion | AU$26.81 Billion | ▲ +0.0 pp |
| 2022 | 13.4% | AU$3.99 Billion | AU$29.74 Billion | AU$25.75 Billion | ▲ +0.7 pp |
| 2021 | 12.8% | AU$3.83 Billion | AU$29.99 Billion | AU$26.17 Billion | ▲ +1.4 pp |
| 2020 | 11.4% | AU$3.25 Billion | AU$28.57 Billion | AU$25.33 Billion | ▼ -78.7 pp |
| 2019 | 90.0% | AU$24.72 Billion | AU$27.46 Billion | AU$2.73 Billion | ▲ +1.2 pp |
| 2018 | 88.9% | AU$22.48 Billion | AU$25.30 Billion | AU$2.82 Billion | ▲ +2.0 pp |
| 2017 | 86.9% | AU$20.00 Billion | AU$23.03 Billion | AU$3.03 Billion | ▲ +1.7 pp |
| 2016 | 85.2% | AU$18.10 Billion | AU$21.26 Billion | AU$3.16 Billion | ▲ +7.0 pp |
| 2015 | 78.2% | AU$14.49 Billion | AU$18.53 Billion | AU$4.04 Billion | ▲ +65.0 pp |
| 2014 | 13.1% | AU$2.28 Billion | AU$17.32 Billion | AU$15.05 Billion | ▲ +0.2 pp |
| 2013 | 12.9% | AU$2.29 Billion | AU$17.78 Billion | AU$15.49 Billion | ▲ +1.4 pp |
| 2012 | 11.5% | AU$2.04 Billion | AU$17.78 Billion | AU$15.73 Billion | ▲ +1.4 pp |
| 2011 | 10.1% | AU$1.80 Billion | AU$17.84 Billion | AU$16.04 Billion | ▲ +0.7 pp |
| 2010 | 9.4% | AU$1.72 Billion | AU$18.38 Billion | AU$16.66 Billion | ▲ +2.7 pp |
| 2009 | 6.7% | AU$1.69 Billion | AU$25.24 Billion | AU$23.55 Billion | ▲ +0.7 pp |
| 2008 | 6.0% | AU$1.63 Billion | AU$27.36 Billion | AU$25.73 Billion | ▲ +0.7 pp |
| 2007 | 5.3% | AU$1.45 Billion | AU$27.38 Billion | AU$25.94 Billion | ▼ -0.9 pp |
| 2006 | 6.2% | AU$1.61 Billion | AU$25.89 Billion | AU$24.28 Billion | ▼ -22.1 pp |
| 2005 | 28.3% | AU$1.30 Billion | AU$4.60 Billion | AU$3.30 Billion | ▲ +9.2 pp |
| 2004 | 19.1% | AU$1.08 Billion | AU$5.68 Billion | AU$4.59 Billion | ▼ -3.3 pp |
| 2003 | 22.5% | AU$1.20 Billion | AU$5.37 Billion | AU$4.16 Billion | ▼ -69.2 pp |
| 2002 | 91.6% | AU$482.90 Million | AU$526.91 Million | AU$44.01 Million | ▲ +24.8 pp |
| 2001 | 66.9% | AU$443.78 Million | AU$663.69 Million | AU$219.91 Million | ▼ -8.8 pp |
| 2000 | 75.6% | AU$536.25 Million | AU$708.94 Million | AU$172.69 Million | — |