Tennant Minerals Ltd (TMS) — Net Asset Quality Index
Tennant Minerals Ltd (TMS) has a Net Asset Quality Index of 97.9% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$14.30 Million minus total liabilities of AU$299.10K yields net assets of AU$14.00 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Tennant Minerals Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tennant Minerals Ltd Net Asset Quality Index Over Time (2003–2024)
This chart shows how Tennant Minerals Ltd's Net Asset Quality Index has evolved across 22 annual periods from 2003 to 2024. As of June 2025, the index stands at 97.9%, representing net assets of AU$14.00 Million against total assets of AU$14.30 Million AUD. See TMS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tennant Minerals Ltd (2003–2024)
The table below presents the year-by-year Net Asset Quality Index for Tennant Minerals Ltd from 2003 to 2024, covering 22 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 TMS company net worth.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.9% | AU$14.00 Million | AU$14.30 Million | AU$299.10K | ▲ +8.7 pp |
| 2023 | 89.2% | AU$4.18 Million | AU$4.68 Million | AU$505.76K | ▲ +14.7 pp |
| 2022 | 74.5% | AU$3.49 Million | AU$4.68 Million | AU$1.20 Million | ▼ -5.5 pp |
| 2021 | 80.0% | AU$3.89 Million | AU$4.86 Million | AU$970.50K | ▼ -10.9 pp |
| 2020 | 90.9% | AU$1.36 Million | AU$1.50 Million | AU$136.67K | ▲ +21.1 pp |
| 2019 | 69.7% | AU$474.88K | AU$680.90K | AU$206.03K | ▼ -11.7 pp |
| 2018 | 81.4% | AU$454.95K | AU$558.70K | AU$103.75K | ▼ -14.7 pp |
| 2017 | 96.2% | AU$1.35 Million | AU$1.40 Million | AU$53.73K | ▲ +22.5 pp |
| 2016 | 73.6% | AU$561.57K | AU$762.75K | AU$201.18K | ▲ +6.3 pp |
| 2015 | 67.4% | AU$523.30K | AU$776.73K | AU$253.43K | ▲ +29.6 pp |
| 2014 | 37.8% | AU$229.77K | AU$608.18K | AU$378.41K | ▼ -7.4 pp |
| 2013 | 45.2% | AU$805.41K | AU$1.78 Million | AU$975.45K | ▲ +30.1 pp |
| 2012 | 15.1% | AU$349.24K | AU$2.31 Million | AU$1.96 Million | ▲ +0.4 pp |
| 2011 | 14.6% | AU$325.25K | AU$2.22 Million | AU$1.90 Million | ▼ -28.7 pp |
| 2010 | 43.3% | AU$1.54 Million | AU$3.54 Million | AU$2.01 Million | ▲ +6.2 pp |
| 2009 | 37.1% | AU$1.15 Million | AU$3.11 Million | AU$1.96 Million | ▲ +13.4 pp |
| 2008 | 23.7% | AU$737.44K | AU$3.12 Million | AU$2.38 Million | ▼ -68.8 pp |
| 2007 | 92.5% | AU$21.91 Million | AU$23.68 Million | AU$1.78 Million | ▼ -0.4 pp |
| 2006 | 92.9% | AU$23.17 Million | AU$24.93 Million | AU$1.76 Million | ▼ -0.7 pp |
| 2005 | 93.6% | AU$24.96 Million | AU$26.66 Million | AU$1.71 Million | ▼ -2.0 pp |
| 2004 | 95.6% | AU$12.30 Million | AU$12.86 Million | AU$560.00K | ▲ +40.1 pp |
| 2003 | 55.5% | AU$925.58K | AU$1.67 Million | AU$741.80K | — |