Thai Oil Public Company Limited (TOP) — Net Asset Quality Index
Thai Oil Public Company Limited (TOP) has a Net Asset Quality Index of 45.2% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ฿427.28 Billion minus total liabilities of ฿234.25 Billion yields net assets of ฿193.03 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Thai Oil Public Company Limited (TOP) asset resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Thai Oil Public Company Limited Net Asset Quality Index Over Time (2003–2025)
This chart shows how Thai Oil Public Company Limited's Net Asset Quality Index has evolved across 23 annual periods from 2003 to 2025. As of December 2025, the index stands at 45.2%, representing net assets of ฿193.03 Billion against total assets of ฿427.28 Billion THB. Explore Thai Oil Public Company Limited (TOP) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Net Asset Quality Index for Thai Oil Public Company Limited (2003–2025)
The table below presents the year-by-year Net Asset Quality Index for Thai Oil Public Company Limited from 2003 to 2025, covering 23 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 Thai Oil Public Company Limited market capitalisation.
| Year | Quality Index | Net Assets (THB) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 45.2% | ฿193.03 Billion | ฿427.28 Billion | ฿234.25 Billion | ▲ +4.5 pp |
| 2024 | 40.6% | ฿166.18 Billion | ฿409.01 Billion | ฿242.83 Billion | ▲ +0.6 pp |
| 2023 | 40.1% | ฿168.31 Billion | ฿419.99 Billion | ฿251.68 Billion | ▲ +4.4 pp |
| 2022 | 35.7% | ฿158.66 Billion | ฿444.58 Billion | ฿285.92 Billion | ▲ +1.7 pp |
| 2021 | 34.0% | ฿123.09 Billion | ฿362.14 Billion | ฿239.05 Billion | ▼ -5.2 pp |
| 2020 | 39.2% | ฿120.12 Billion | ฿306.19 Billion | ฿186.07 Billion | ▼ -4.5 pp |
| 2019 | 43.7% | ฿123.92 Billion | ฿283.44 Billion | ฿159.52 Billion | ▼ -3.4 pp |
| 2018 | 47.1% | ฿126.47 Billion | ฿268.61 Billion | ฿142.14 Billion | ▼ -8.7 pp |
| 2017 | 55.7% | ฿127.15 Billion | ฿228.11 Billion | ฿100.96 Billion | ▲ +4.5 pp |
| 2016 | 51.3% | ฿111.60 Billion | ฿217.73 Billion | ฿106.13 Billion | ▲ +0.8 pp |
| 2015 | 50.5% | ฿97.01 Billion | ฿192.17 Billion | ฿95.16 Billion | ▲ +5.3 pp |
| 2014 | 45.1% | ฿87.04 Billion | ฿192.80 Billion | ฿105.76 Billion | ▼ -0.3 pp |
| 2013 | 45.5% | ฿94.84 Billion | ฿208.52 Billion | ฿113.68 Billion | ▼ -7.7 pp |
| 2012 | 53.2% | ฿90.72 Billion | ฿170.68 Billion | ฿79.95 Billion | ▼ -1.7 pp |
| 2011 | 54.8% | ฿85.03 Billion | ฿155.09 Billion | ฿70.05 Billion | ▲ +2.4 pp |
| 2010 | 52.4% | ฿76.84 Billion | ฿146.61 Billion | ฿69.77 Billion | ▲ +0.4 pp |
| 2009 | 52.0% | ฿71.69 Billion | ฿137.74 Billion | ฿66.06 Billion | ▲ +4.2 pp |
| 2008 | 47.9% | ฿63.58 Billion | ฿132.84 Billion | ฿69.26 Billion | ▼ -4.6 pp |
| 2007 | 52.4% | ฿71.89 Billion | ฿137.06 Billion | ฿65.18 Billion | ▼ -6.0 pp |
| 2006 | 58.4% | ฿72.81 Billion | ฿124.68 Billion | ฿51.87 Billion | ▲ +4.6 pp |
| 2005 | 53.8% | ฿66.85 Billion | ฿124.17 Billion | ฿57.32 Billion | ▲ +7.4 pp |
| 2004 | 46.4% | ฿53.58 Billion | ฿115.43 Billion | ฿61.85 Billion | ▲ +10.8 pp |
| 2003 | 35.6% | ฿36.28 Billion | ฿101.94 Billion | ฿65.66 Billion | — |