Bell Equipment Limited (BEL) — Net Asset Quality Index
Bell Equipment Limited (BEL) has a Net Asset Quality Index of 64.1% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC9.20 Billion minus total liabilities of ZAC3.30 Billion yields net assets of ZAC5.90 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of Bell Equipment Limited for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Bell Equipment Limited Net Asset Quality Index Over Time (2002–2024)
This chart shows how Bell Equipment Limited's Net Asset Quality Index has evolved across 23 annual periods from 2002 to 2024. As of June 2025, the index stands at 64.1%, representing net assets of ZAC5.90 Billion against total assets of ZAC9.20 Billion ZAC. For live market cap and overall valuation, see BEL market cap overview.
Annual Net Asset Quality Index for Bell Equipment Limited (2002–2024)
The table below presents the year-by-year Net Asset Quality Index for Bell Equipment Limited from 2002 to 2024, 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. Check asset allocation strategy of Bell Equipment Limited to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 62.4% | ZAC5.68 Billion | ZAC9.09 Billion | ZAC3.42 Billion | ▲ +12.3 pp |
| 2023 | 50.2% | ZAC5.29 Billion | ZAC10.53 Billion | ZAC5.25 Billion | ▼ -0.3 pp |
| 2022 | 50.5% | ZAC4.37 Billion | ZAC8.65 Billion | ZAC4.29 Billion | ▼ -5.3 pp |
| 2021 | 55.8% | ZAC3.86 Billion | ZAC6.92 Billion | ZAC3.06 Billion | ▲ +3.0 pp |
| 2020 | 52.8% | ZAC3.50 Billion | ZAC6.64 Billion | ZAC3.14 Billion | ▲ +3.9 pp |
| 2019 | 48.9% | ZAC3.44 Billion | ZAC7.03 Billion | ZAC3.59 Billion | ▼ -2.8 pp |
| 2018 | 51.6% | ZAC3.37 Billion | ZAC6.53 Billion | ZAC3.16 Billion | ▼ -4.1 pp |
| 2017 | 55.8% | ZAC2.99 Billion | ZAC5.36 Billion | ZAC2.37 Billion | ▼ -5.4 pp |
| 2016 | 61.2% | ZAC2.76 Billion | ZAC4.51 Billion | ZAC1.75 Billion | ▼ -0.7 pp |
| 2015 | 61.9% | ZAC3.00 Billion | ZAC4.85 Billion | ZAC1.85 Billion | ▲ +5.5 pp |
| 2014 | 56.4% | ZAC2.54 Billion | ZAC4.49 Billion | ZAC1.96 Billion | ▲ +4.1 pp |
| 2013 | 52.3% | ZAC2.49 Billion | ZAC4.76 Billion | ZAC2.27 Billion | ▼ -7.1 pp |
| 2012 | 59.4% | ZAC2.07 Billion | ZAC3.49 Billion | ZAC1.42 Billion | ▲ +13.5 pp |
| 2011 | 45.9% | ZAC1.78 Billion | ZAC3.87 Billion | ZAC2.09 Billion | ▼ -7.7 pp |
| 2010 | 53.6% | ZAC1.42 Billion | ZAC2.65 Billion | ZAC1.23 Billion | ▲ +5.1 pp |
| 2009 | 48.5% | ZAC1.42 Billion | ZAC2.93 Billion | ZAC1.51 Billion | ▲ +3.4 pp |
| 2008 | 45.1% | ZAC1.77 Billion | ZAC3.92 Billion | ZAC2.15 Billion | ▼ -2.8 pp |
| 2007 | 47.9% | ZAC1.38 Billion | ZAC2.88 Billion | ZAC1.50 Billion | ▲ +1.2 pp |
| 2006 | 46.8% | ZAC954.91 Million | ZAC2.04 Billion | ZAC1.09 Billion | ▲ +4.2 pp |
| 2005 | 42.6% | ZAC699.26 Million | ZAC1.64 Billion | ZAC942.35 Million | ▼ -1.4 pp |
| 2004 | 44.0% | ZAC700.12 Million | ZAC1.59 Billion | ZAC891.61 Million | ▼ -6.9 pp |
| 2003 | 50.9% | ZAC711.26 Million | ZAC1.40 Billion | ZAC687.47 Million | ▼ -3.4 pp |
| 2002 | 54.2% | ZAC717.69 Million | ZAC1.32 Billion | ZAC605.39 Million | — |