Xero Ltd (XRO) — Net Asset Quality Index
Xero Ltd (XRO) has a Net Asset Quality Index of 65.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$6.10 Billion minus total liabilities of AU$2.09 Billion yields net assets of AU$4.01 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are Xero Ltd's assets to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Xero Ltd Net Asset Quality Index Over Time (2007–2025)
This chart shows how Xero Ltd's Net Asset Quality Index has evolved across 19 annual periods from 2007 to 2025. As of September 2025, the index stands at 65.7%, representing net assets of AU$4.01 Billion against total assets of AU$6.10 Billion AUD. See XRO current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Xero Ltd (2007–2025)
The table below presents the year-by-year Net Asset Quality Index for Xero Ltd from 2007 to 2025, covering 19 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 XRO stock market capitalisation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 49.2% | AU$2.00 Billion | AU$4.06 Billion | AU$2.06 Billion | ▲ +2.0 pp |
| 2024 | 47.2% | AU$1.39 Billion | AU$2.95 Billion | AU$1.56 Billion | ▲ +4.9 pp |
| 2023 | 42.3% | AU$984.51 Million | AU$2.33 Billion | AU$1.34 Billion | ▼ -1.8 pp |
| 2022 | 44.1% | AU$957.65 Million | AU$2.17 Billion | AU$1.21 Billion | ▲ +7.3 pp |
| 2021 | 36.9% | AU$685.91 Million | AU$1.86 Billion | AU$1.18 Billion | ▲ +0.2 pp |
| 2020 | 36.6% | AU$409.12 Million | AU$1.12 Billion | AU$708.38 Million | ▲ +0.2 pp |
| 2019 | 36.4% | AU$339.21 Million | AU$931.59 Million | AU$592.38 Million | ▼ -32.3 pp |
| 2018 | 68.8% | AU$226.74 Million | AU$329.75 Million | AU$103.01 Million | ▼ -7.7 pp |
| 2017 | 76.4% | AU$205.40 Million | AU$268.72 Million | AU$63.32 Million | ▼ -8.6 pp |
| 2016 | 85.1% | AU$251.90 Million | AU$296.13 Million | AU$44.24 Million | ▼ -6.3 pp |
| 2015 | 91.3% | AU$339.04 Million | AU$371.16 Million | AU$32.12 Million | ▼ -5.1 pp |
| 2014 | 96.5% | AU$245.92 Million | AU$254.95 Million | AU$9.03 Million | ▲ +3.5 pp |
| 2013 | 93.0% | AU$82.36 Million | AU$88.59 Million | AU$6.23 Million | ▲ +2.5 pp |
| 2012 | 90.4% | AU$52.25 Million | AU$57.77 Million | AU$5.53 Million | ▲ +1.4 pp |
| 2011 | 89.1% | AU$21.69 Million | AU$24.35 Million | AU$2.66 Million | ▼ -3.1 pp |
| 2010 | 92.2% | AU$24.59 Million | AU$26.67 Million | AU$2.08 Million | ▲ +21.7 pp |
| 2009 | 70.5% | AU$5.02 Million | AU$7.12 Million | AU$2.10 Million | ▼ -24.8 pp |
| 2008 | 95.3% | AU$11.32 Million | AU$11.88 Million | AU$558.00K | ▲ +9.0 pp |
| 2007 | 86.3% | AU$1.73 Million | AU$2.01 Million | AU$274.00K | — |