Northern Star Resources Ltd Net Asset Quality Index
Northern Star Resources Ltd net asset quality index. Northern Star Resources Ltd (NST) has a Net Asset Quality Index of 73.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$20.70 Billion minus total liabilities of AU$5.46 Billion yields net assets of AU$15.24 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check NST cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Northern Star Resources Ltd (2001–2025)
Net asset quality index of Northern Star Resources Ltd from 2001 to 2025. This chart shows how Northern Star Resources Ltd's Net Asset Quality Index has evolved across 25 annual periods from 2001 to 2025. As of December 2025, the index stands at 73.6%, representing net assets of AU$15.24 Billion against total assets of AU$20.70 Billion AUD. See NST book value for net asset value and shareholders' equity analysis.
Northern Star Resources Ltd Net Asset Quality Index by Year (2001–2025)
Northern Star Resources Ltd net asset quality index by year from 2001 to 2025. The table below presents the year-by-year Net Asset Quality Index for Northern Star Resources Ltd from 2001 to 2025, covering 25 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 live market cap and overall valuation, see Northern Star Resources Ltd stock valuation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 73.0% | AU$14.92 Billion | AU$20.43 Billion | AU$5.52 Billion | ▲ +5.8 pp |
| 2024 | 67.2% | AU$8.79 Billion | AU$13.08 Billion | AU$4.29 Billion | ▲ +0.4 pp |
| 2023 | 66.8% | AU$8.48 Billion | AU$12.71 Billion | AU$4.22 Billion | ▼ -5.1 pp |
| 2022 | 71.8% | AU$8.25 Billion | AU$11.48 Billion | AU$3.24 Billion | ▲ +2.7 pp |
| 2021 | 69.1% | AU$7.98 Billion | AU$11.55 Billion | AU$3.57 Billion | ▲ +15.1 pp |
| 2020 | 54.0% | AU$2.14 Billion | AU$3.97 Billion | AU$1.83 Billion | ▼ -13.8 pp |
| 2019 | 67.8% | AU$1.11 Billion | AU$1.64 Billion | AU$528.90 Million | ▲ +0.3 pp |
| 2018 | 67.5% | AU$821.44 Million | AU$1.22 Billion | AU$395.43 Million | ▲ +1.0 pp |
| 2017 | 66.5% | AU$615.10 Million | AU$924.96 Million | AU$309.86 Million | ▲ +7.3 pp |
| 2016 | 59.2% | AU$451.91 Million | AU$763.53 Million | AU$311.62 Million | ▲ +4.7 pp |
| 2015 | 54.5% | AU$323.25 Million | AU$593.40 Million | AU$270.14 Million | ▼ -7.1 pp |
| 2014 | 61.6% | AU$242.48 Million | AU$393.57 Million | AU$151.09 Million | ▼ -8.5 pp |
| 2013 | 70.1% | AU$110.33 Million | AU$157.35 Million | AU$47.01 Million | ▼ -0.4 pp |
| 2012 | 70.5% | AU$94.51 Million | AU$134.01 Million | AU$39.50 Million | ▲ +16.9 pp |
| 2011 | 53.6% | AU$26.13 Million | AU$48.76 Million | AU$22.63 Million | ▼ -34.4 pp |
| 2010 | 88.0% | AU$5.08 Million | AU$5.78 Million | AU$696.54K | ▼ -0.9 pp |
| 2009 | 88.8% | AU$3.52 Million | AU$3.96 Million | AU$442.68K | ▼ -7.2 pp |
| 2008 | 96.0% | AU$7.71 Million | AU$8.03 Million | AU$320.30K | ▲ +0.1 pp |
| 2007 | 95.9% | AU$6.21 Million | AU$6.47 Million | AU$263.64K | ▲ +3.3 pp |
| 2006 | 92.6% | AU$4.73 Million | AU$5.10 Million | AU$377.64K | ▼ -4.5 pp |
| 2005 | 97.1% | AU$5.30 Million | AU$5.46 Million | AU$160.26K | ▼ -0.9 pp |
| 2004 | 98.0% | AU$5.56 Million | AU$5.68 Million | AU$114.75K | ▲ +2.9 pp |
| 2003 | 95.1% | AU$5.40 Million | AU$5.68 Million | AU$278.00K | ▲ +17.9 pp |
| 2002 | 77.2% | AU$224.00K | AU$290.00K | AU$66.00K | ▼ -11.5 pp |
| 2001 | 88.8% | AU$150.00K | AU$169.00K | AU$19.00K | — |