Qantas Airways Ltd Net Asset Quality Index
Qantas Airways Ltd net asset quality index. Qantas Airways Ltd (QAN) has a Net Asset Quality Index of 5.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$23.89 Billion minus total liabilities of AU$22.55 Billion yields net assets of AU$1.35 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Qantas Airways Ltd (QAN) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Qantas Airways Ltd (1994–2025)
Net asset quality index of Qantas Airways Ltd from 1994 to 2025. This chart shows how Qantas Airways Ltd's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of December 2025, the index stands at 5.6%, representing net assets of AU$1.35 Billion against total assets of AU$23.89 Billion AUD. See net assets of Qantas Airways Ltd for net asset value and shareholders' equity analysis.
Qantas Airways Ltd Net Asset Quality Index by Year (1994–2025)
Qantas Airways Ltd net asset quality index by year from 1994 to 2025. The table below presents the year-by-year Net Asset Quality Index for Qantas Airways Ltd from 1994 to 2025, covering 32 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 Qantas Airways Ltd (QAN) market capitalisation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 3.4% | AU$783.00 Million | AU$23.36 Billion | AU$22.57 Billion | ▲ +1.9 pp |
| 2024 | 1.4% | AU$294.00 Million | AU$20.56 Billion | AU$20.27 Billion | ▲ +1.4 pp |
| 2023 | 0.0% | AU$10.00 Million | AU$20.35 Billion | AU$20.34 Billion | ▲ +1.0 pp |
| 2022 | -1.0% | AU$-190.00 Million | AU$19.65 Billion | AU$19.84 Billion | ▼ -3.5 pp |
| 2021 | 2.5% | AU$443.00 Million | AU$17.81 Billion | AU$17.36 Billion | ▼ -5.1 pp |
| 2020 | 7.6% | AU$1.53 Billion | AU$20.03 Billion | AU$18.50 Billion | ▼ -7.1 pp |
| 2019 | 14.7% | AU$3.01 Billion | AU$20.54 Billion | AU$17.52 Billion | ▼ -6.5 pp |
| 2018 | 21.2% | AU$3.96 Billion | AU$18.65 Billion | AU$14.69 Billion | ▲ +0.7 pp |
| 2017 | 20.6% | AU$3.54 Billion | AU$17.22 Billion | AU$13.68 Billion | ▲ +1.0 pp |
| 2016 | 19.5% | AU$3.26 Billion | AU$16.70 Billion | AU$13.45 Billion | ▼ -0.1 pp |
| 2015 | 19.7% | AU$3.45 Billion | AU$17.53 Billion | AU$14.08 Billion | ▲ +3.1 pp |
| 2014 | 16.5% | AU$2.87 Billion | AU$17.32 Billion | AU$14.45 Billion | ▼ -12.6 pp |
| 2013 | 29.2% | AU$5.84 Billion | AU$20.03 Billion | AU$14.19 Billion | ▲ +1.3 pp |
| 2012 | 27.8% | AU$5.89 Billion | AU$21.18 Billion | AU$15.29 Billion | ▼ -1.7 pp |
| 2011 | 29.5% | AU$6.15 Billion | AU$20.86 Billion | AU$14.71 Billion | ▼ -0.6 pp |
| 2010 | 30.0% | AU$5.98 Billion | AU$19.91 Billion | AU$13.93 Billion | ▲ +1.3 pp |
| 2009 | 28.8% | AU$5.76 Billion | AU$20.05 Billion | AU$14.28 Billion | ▼ -0.4 pp |
| 2008 | 29.1% | AU$5.73 Billion | AU$19.70 Billion | AU$13.97 Billion | ▼ -2.5 pp |
| 2007 | 31.6% | AU$6.20 Billion | AU$19.61 Billion | AU$13.41 Billion | ▼ -0.1 pp |
| 2006 | 31.7% | AU$6.08 Billion | AU$19.18 Billion | AU$13.10 Billion | ▼ -3.7 pp |
| 2005 | 35.4% | AU$6.43 Billion | AU$18.13 Billion | AU$11.71 Billion | ▲ +2.2 pp |
| 2004 | 33.2% | AU$5.84 Billion | AU$17.57 Billion | AU$11.73 Billion | ▲ +2.2 pp |
| 2003 | 31.0% | AU$5.26 Billion | AU$16.97 Billion | AU$11.71 Billion | ▲ +2.3 pp |
| 2002 | 28.7% | AU$4.25 Billion | AU$14.80 Billion | AU$10.55 Billion | ▲ +2.2 pp |
| 2001 | 26.5% | AU$3.32 Billion | AU$12.51 Billion | AU$9.20 Billion | ▲ +2.6 pp |
| 2000 | 23.9% | AU$2.86 Billion | AU$12.01 Billion | AU$9.14 Billion | ▼ -3.4 pp |
| 1999 | 27.3% | AU$3.06 Billion | AU$11.23 Billion | AU$8.17 Billion | ▼ -1.3 pp |
| 1998 | 28.6% | AU$2.96 Billion | AU$10.36 Billion | AU$7.40 Billion | ▲ +1.7 pp |
| 1997 | 26.9% | AU$2.67 Billion | AU$9.91 Billion | AU$7.24 Billion | ▲ +0.5 pp |
| 1996 | 26.4% | AU$2.44 Billion | AU$9.22 Billion | AU$6.79 Billion | ▲ +0.9 pp |
| 1995 | 25.5% | AU$2.28 Billion | AU$8.93 Billion | AU$6.65 Billion | ▼ -0.9 pp |
| 1994 | 26.4% | AU$2.17 Billion | AU$8.21 Billion | AU$6.05 Billion | — |