Garuda Indonesia Persero Tbk (GIAA) — Net Asset Quality Index
Garuda Indonesia Persero Tbk (GIAA) has a Net Asset Quality Index of -22.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rp112.51 Trillion minus total liabilities of Rp138.13 Trillion yields net assets of Rp-25.62 Trillion. A higher index indicates a stronger, lower-leverage balance sheet. Read Garuda Indonesia Persero Tbk (GIAA) total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Garuda Indonesia Persero Tbk Net Asset Quality Index Over Time (2004–2024)
This chart shows how Garuda Indonesia Persero Tbk's Net Asset Quality Index has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the index stands at -22.8%, representing net assets of Rp-25.62 Trillion against total assets of Rp112.51 Trillion IDR. For live market cap and overall valuation, see GIAA market cap overview.
Annual Net Asset Quality Index for Garuda Indonesia Persero Tbk (2004–2024)
The table below presents the year-by-year Net Asset Quality Index for Garuda Indonesia Persero Tbk from 2004 to 2024, covering 21 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. Check Garuda Indonesia Persero Tbk PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (IDR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -20.4% | Rp-1.35 Billion | Rp6.62 Billion | Rp7.97 Billion | ▼ -1.4 pp |
| 2023 | -19.1% | Rp-1.28 Billion | Rp6.73 Billion | Rp8.01 Billion | ▲ +5.6 pp |
| 2022 | -24.6% | Rp-1.54 Billion | Rp6.24 Billion | Rp7.77 Billion | ▲ +60.3 pp |
| 2021 | -84.9% | Rp-6.11 Billion | Rp7.19 Billion | Rp13.30 Billion | ▼ -66.9 pp |
| 2020 | -18.0% | Rp-1.94 Billion | Rp10.79 Billion | Rp12.73 Billion | ▼ -34.2 pp |
| 2019 | 16.2% | Rp720.62 Million | Rp4.46 Billion | Rp3.74 Billion | ▼ -4.6 pp |
| 2018 | 20.8% | Rp910.19 Million | Rp4.37 Billion | Rp3.46 Billion | ▼ -4.1 pp |
| 2017 | 24.9% | Rp937.47 Million | Rp3.76 Billion | Rp2.83 Billion | ▼ -2.1 pp |
| 2016 | 27.0% | Rp1.01 Billion | Rp3.74 Billion | Rp2.73 Billion | ▼ -1.7 pp |
| 2015 | 28.7% | Rp950.72 Million | Rp3.31 Billion | Rp2.36 Billion | ▼ -0.8 pp |
| 2014 | 29.6% | Rp916.71 Million | Rp3.10 Billion | Rp2.18 Billion | ▼ -8.3 pp |
| 2013 | 37.8% | Rp1.12 Billion | Rp2.95 Billion | Rp1.84 Billion | ▼ -6.5 pp |
| 2012 | 44.3% | Rp1.11 Billion | Rp2.52 Billion | Rp1.40 Billion | ▲ +2.4 pp |
| 2011 | 41.9% | Rp833.20 Million | Rp1.99 Billion | Rp1.16 Billion | ▲ +16.5 pp |
| 2010 | 25.4% | Rp380.60 Million | Rp1.50 Billion | Rp1.12 Billion | ▲ +3.6 pp |
| 2009 | 21.8% | Rp341.75 Million | Rp1.57 Billion | Rp1.23 Billion | ▲ +19.5 pp |
| 2008 | 2.3% | Rp27.32 Million | Rp1.18 Billion | Rp1.16 Billion | ▼ -16.2 pp |
| 2007 | 18.5% | Rp194.88 Million | Rp1.05 Billion | Rp858.91 Million | ▲ +9.2 pp |
| 2006 | 9.3% | Rp83.49 Million | Rp898.81 Million | Rp815.32 Million | ▲ +3.4 pp |
| 2005 | 5.9% | Rp46.41 Million | Rp787.18 Million | Rp740.77 Million | ▼ -8.7 pp |
| 2004 | 14.6% | Rp1.21 Trillion | Rp8.26 Trillion | Rp7.05 Trillion | — |