State GAS Ltd (GAS) — Net Asset Quality Index
State GAS Ltd (GAS) has a Net Asset Quality Index of 83.3% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$51.21 Million minus total liabilities of AU$8.55 Million yields net assets of AU$42.66 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read GAS total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
State GAS Ltd Net Asset Quality Index Over Time (2003–2025)
This chart shows how State GAS Ltd's Net Asset Quality Index has evolved across 13 annual periods from 2003 to 2025. As of June 2025, the index stands at 83.3%, representing net assets of AU$42.66 Million against total assets of AU$51.21 Million AUD. For live market cap and overall valuation, see State GAS Ltd (GAS) total market value.
Annual Net Asset Quality Index for State GAS Ltd (2003–2025)
The table below presents the year-by-year Net Asset Quality Index for State GAS Ltd from 2003 to 2025, covering 13 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. Check State GAS Ltd (GAS) strategic investment index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 83.3% | AU$42.66 Million | AU$51.21 Million | AU$8.55 Million | ▼ -0.1 pp |
| 2024 | 83.4% | AU$40.32 Million | AU$48.32 Million | AU$8.01 Million | ▼ -6.0 pp |
| 2023 | 89.5% | AU$36.61 Million | AU$40.91 Million | AU$4.31 Million | ▼ -2.9 pp |
| 2022 | 92.4% | AU$31.30 Million | AU$33.88 Million | AU$2.58 Million | ▲ +7.1 pp |
| 2021 | 85.2% | AU$25.18 Million | AU$29.54 Million | AU$4.36 Million | ▼ -5.6 pp |
| 2020 | 90.9% | AU$11.68 Million | AU$12.85 Million | AU$1.17 Million | ▼ -0.4 pp |
| 2019 | 91.3% | AU$11.33 Million | AU$12.42 Million | AU$1.08 Million | ▲ +3.0 pp |
| 2018 | 88.3% | AU$6.39 Million | AU$7.23 Million | AU$845.30K | ▼ -5.1 pp |
| 2017 | 93.4% | AU$6.84 Million | AU$7.32 Million | AU$483.93K | ▲ +71.9 pp |
| 2006 | 21.5% | AU$207.12 Million | AU$965.43 Million | AU$758.31 Million | ▼ -0.3 pp |
| 2005 | 21.7% | AU$208.79 Million | AU$961.88 Million | AU$753.09 Million | ▼ -8.6 pp |
| 2004 | 30.3% | AU$293.25 Million | AU$967.66 Million | AU$674.41 Million | ▼ -1.9 pp |
| 2003 | 32.2% | AU$279.30 Million | AU$868.07 Million | AU$588.77 Million | — |