The Steel Public Company Limited (THE) — Net Asset Quality Index
The Steel Public Company Limited (THE) has a Net Asset Quality Index of 51.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ฿3.71 Billion minus total liabilities of ฿1.80 Billion yields net assets of ฿1.91 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check The Steel Public Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
The Steel Public Company Limited Net Asset Quality Index Over Time (2006–2024)
This chart shows how The Steel Public Company Limited's Net Asset Quality Index has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the index stands at 51.6%, representing net assets of ฿1.91 Billion against total assets of ฿3.71 Billion THB. See THE current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for The Steel Public Company Limited (2006–2024)
The table below presents the year-by-year Net Asset Quality Index for The Steel Public Company Limited from 2006 to 2024, 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 THE stock market capitalisation.
| Year | Quality Index | Net Assets (THB) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 45.1% | ฿1.93 Billion | ฿4.29 Billion | ฿2.36 Billion | ▼ -0.8 pp |
| 2023 | 45.9% | ฿2.02 Billion | ฿4.39 Billion | ฿2.37 Billion | ▲ +3.3 pp |
| 2022 | 42.6% | ฿2.22 Billion | ฿5.22 Billion | ฿3.00 Billion | ▼ -2.5 pp |
| 2021 | 45.1% | ฿2.53 Billion | ฿5.61 Billion | ฿3.08 Billion | ▲ +7.7 pp |
| 2020 | 37.4% | ฿1.62 Billion | ฿4.33 Billion | ฿2.71 Billion | ▲ +3.8 pp |
| 2019 | 33.6% | ฿1.79 Billion | ฿5.32 Billion | ฿3.53 Billion | ▲ +0.9 pp |
| 2018 | 32.7% | ฿1.67 Billion | ฿5.10 Billion | ฿3.43 Billion | ▲ +0.1 pp |
| 2017 | 32.6% | ฿1.87 Billion | ฿5.75 Billion | ฿3.88 Billion | ▲ +0.6 pp |
| 2016 | 31.9% | ฿1.73 Billion | ฿5.40 Billion | ฿3.68 Billion | ▼ -2.1 pp |
| 2015 | 34.1% | ฿1.40 Billion | ฿4.10 Billion | ฿2.70 Billion | ▲ +14.8 pp |
| 2014 | 19.3% | ฿786.55 Million | ฿4.07 Billion | ฿3.28 Billion | ▲ +2.5 pp |
| 2013 | 16.8% | ฿671.14 Million | ฿3.99 Billion | ฿3.32 Billion | ▼ -4.0 pp |
| 2012 | 20.8% | ฿1.16 Billion | ฿5.58 Billion | ฿4.42 Billion | ▼ -1.3 pp |
| 2011 | 22.1% | ฿1.13 Billion | ฿5.12 Billion | ฿3.99 Billion | ▼ -14.5 pp |
| 2010 | 36.6% | ฿1.03 Billion | ฿2.81 Billion | ฿1.78 Billion | ▼ -7.6 pp |
| 2009 | 44.2% | ฿874.42 Million | ฿1.98 Billion | ฿1.10 Billion | ▼ -9.9 pp |
| 2008 | 54.1% | ฿902.54 Million | ฿1.67 Billion | ฿766.84 Million | ▼ -3.4 pp |
| 2007 | 57.4% | ฿854.94 Million | ฿1.49 Billion | ฿633.71 Million | ▲ +38.2 pp |
| 2006 | 19.2% | ฿436.74 Million | ฿2.27 Billion | ฿1.84 Billion | — |