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. Also explore State GAS Ltd (GAS) total assets for the complete picture of this company's asset base.
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. See State GAS Ltd (GAS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For market capitalisation and the full company profile, see State GAS Ltd stock valuation.
| 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 | — |