Qantas Airways Ltd (QAN) — Net Asset Quality Index

Latest as of December 2025: 5.6%

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 how resilient are Qantas Airways Ltd's assets to evaluate the company's liquid asset resilience ratio.

Quality Index

5.6%
Equity / Total Assets

Net Assets

AU$1.35 Billion
AUD

Total Assets

AU$23.89 Billion
AUD

Total Liabilities

AU$22.55 Billion
AUD

Qantas Airways Ltd Net Asset Quality Index Over Time (1994–2025)

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 Qantas Airways Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Qantas Airways Ltd (1994–2025)

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 market capitalisation and the full company profile, see QAN company net worth.

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
pp = percentage points