X2M Connect Ltd (X2M) — Net Asset Quality Index
X2M Connect Ltd (X2M) has a Net Asset Quality Index of -94.0% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$4.78 Million minus total liabilities of AU$9.26 Million yields net assets of AU$-4.49 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check X2M Connect Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
X2M Connect Ltd Net Asset Quality Index Over Time (2019–2025)
This chart shows how X2M Connect Ltd's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the index stands at -94.0%, representing net assets of AU$-4.49 Million against total assets of AU$4.78 Million AUD. See X2M working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for X2M Connect Ltd (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for X2M Connect Ltd from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see X2M market cap.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -157.9% | AU$-7.98 Million | AU$5.06 Million | AU$13.04 Million | ▼ -162.0 pp |
| 2024 | 4.0% | AU$544.90K | AU$13.52 Million | AU$12.98 Million | ▲ +1.2 pp |
| 2023 | 2.9% | AU$405.25K | AU$14.18 Million | AU$13.77 Million | ▼ -16.2 pp |
| 2022 | 19.0% | AU$1.56 Million | AU$8.17 Million | AU$6.62 Million | ▲ +16.4 pp |
| 2021 | 2.7% | AU$185.22K | AU$6.94 Million | AU$6.75 Million | ▲ +27.5 pp |
| 2020 | -24.8% | AU$-1.36 Million | AU$5.49 Million | AU$6.86 Million | ▲ +171.2 pp |
| 2019 | -196.1% | AU$-7.80 Million | AU$3.98 Million | AU$11.78 Million | — |