SHELL PLC WI ADR/2 (L3H) — Net Asset Quality Index

Latest as of December 2025: 47.3%

SHELL PLC WI ADR/2 (L3H) has a Net Asset Quality Index of 47.3% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €370.35 Billion minus total liabilities of €195.03 Billion yields net assets of €175.32 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does SHELL PLC WI ADR/2 carry for a breakdown of total debt and financial obligations.

Quality Index

47.3%
Equity / Total Assets

Net Assets

€175.32 Billion
EUR

Total Assets

€370.35 Billion
EUR

Total Liabilities

€195.03 Billion
EUR

SHELL PLC WI ADR/2 Net Asset Quality Index Over Time (2021–2025)

This chart shows how SHELL PLC WI ADR/2's Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the index stands at 47.3%, representing net assets of €175.32 Billion against total assets of €370.35 Billion EUR. For live market cap and overall valuation, see SHELL PLC WI ADR/2 market cap and net worth.

Annual Net Asset Quality Index for SHELL PLC WI ADR/2 (2021–2025)

The table below presents the year-by-year Net Asset Quality Index for SHELL PLC WI ADR/2 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. See L3H book value for net asset value and shareholders' equity analysis.

Year Quality Index Net Assets (EUR) Total Assets Total Liabilities Change (pp)
2025 47.3% €175.32 Billion €370.35 Billion €195.03 Billion ▲ +0.9 pp
2024 46.5% €180.17 Billion €387.61 Billion €207.44 Billion ▲ +0.1 pp
2023 46.4% €188.36 Billion €406.27 Billion €217.91 Billion ▲ +2.9 pp
2022 43.5% €192.60 Billion €443.02 Billion €250.43 Billion ▲ +0.1 pp
2021 43.4% €175.32 Billion €404.38 Billion €229.05 Billion
pp = percentage points