NORTHERN OCEAN LTD. (4JO) — Net Asset Quality Index
NORTHERN OCEAN LTD. (4JO) has a Net Asset Quality Index of 64.1% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €496.86 Million minus total liabilities of €178.21 Million yields net assets of €318.65 Million. A higher index indicates a stronger, lower-leverage balance sheet. Explore debt repayment capacity of NORTHERN OCEAN LTD. to assess how comfortably operating cash covers total debt obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
NORTHERN OCEAN LTD. Net Asset Quality Index Over Time (2021–2025)
This chart shows how NORTHERN OCEAN LTD.'s Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the index stands at 64.1%, representing net assets of €318.65 Million against total assets of €496.86 Million EUR. See 4JO net assets for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for NORTHERN OCEAN LTD. (2021–2025)
The table below presents the year-by-year Net Asset Quality Index for NORTHERN OCEAN LTD. from 2021 to 2025, covering 5 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 live market cap and overall valuation, see 4JO market cap overview.
| Year | Quality Index | Net Assets (EUR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 68.1% | €345.05 Million | €507.02 Million | €161.97 Million | ▲ +24.8 pp |
| 2024 | 43.3% | €446.16 Million | €1.03 Billion | €585.40 Million | ▲ +1.9 pp |
| 2023 | 41.4% | €436.89 Million | €1.06 Billion | €618.88 Million | ▼ -6.7 pp |
| 2022 | 48.1% | €506.80 Million | €1.05 Billion | €546.98 Million | ▼ -2.6 pp |
| 2021 | 50.7% | €495.63 Million | €977.55 Million | €481.92 Million | — |