Exxaro Resources Ltd (EXX) — Net Asset Quality Index
Exxaro Resources Ltd (EXX) has a Net Asset Quality Index of 69.0% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC103.21 Billion minus total liabilities of ZAC31.96 Billion yields net assets of ZAC71.25 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read total liabilities of Exxaro Resources Ltd for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Exxaro Resources Ltd Net Asset Quality Index Over Time (2004–2025)
This chart shows how Exxaro Resources Ltd's Net Asset Quality Index has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the index stands at 69.0%, representing net assets of ZAC71.25 Billion against total assets of ZAC103.21 Billion ZAC. For live market cap and overall valuation, see EXX stock market capitalisation.
Annual Net Asset Quality Index for Exxaro Resources Ltd (2004–2025)
The table below presents the year-by-year Net Asset Quality Index for Exxaro Resources Ltd from 2004 to 2025, covering 22 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 Exxaro Resources Ltd (EXX) strategic investment index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 69.0% | ZAC71.25 Billion | ZAC103.21 Billion | ZAC31.96 Billion | ▼ -3.3 pp |
| 2024 | 72.4% | ZAC68.55 Billion | ZAC94.72 Billion | ZAC26.17 Billion | ▲ +0.9 pp |
| 2023 | 71.5% | ZAC66.41 Billion | ZAC92.85 Billion | ZAC26.45 Billion | ▲ +1.8 pp |
| 2022 | 69.7% | ZAC59.38 Billion | ZAC85.14 Billion | ZAC25.77 Billion | ▲ +3.6 pp |
| 2021 | 66.2% | ZAC50.10 Billion | ZAC75.72 Billion | ZAC25.62 Billion | ▲ +4.9 pp |
| 2020 | 61.2% | ZAC48.12 Billion | ZAC78.61 Billion | ZAC30.48 Billion | ▼ -1.1 pp |
| 2019 | 62.3% | ZAC42.89 Billion | ZAC68.84 Billion | ZAC25.95 Billion | ▼ -1.0 pp |
| 2018 | 63.3% | ZAC41.15 Billion | ZAC65.05 Billion | ZAC23.91 Billion | ▲ +0.3 pp |
| 2017 | 62.9% | ZAC39.37 Billion | ZAC62.55 Billion | ZAC23.19 Billion | ▲ +4.4 pp |
| 2016 | 58.5% | ZAC35.09 Billion | ZAC59.93 Billion | ZAC24.84 Billion | ▼ -6.5 pp |
| 2015 | 65.0% | ZAC34.23 Billion | ZAC52.63 Billion | ZAC18.40 Billion | ▼ -7.5 pp |
| 2014 | 72.6% | ZAC34.42 Billion | ZAC47.43 Billion | ZAC13.00 Billion | ▼ -0.7 pp |
| 2013 | 73.3% | ZAC36.27 Billion | ZAC49.51 Billion | ZAC13.23 Billion | ▲ +5.4 pp |
| 2012 | 67.9% | ZAC28.81 Billion | ZAC42.42 Billion | ZAC13.61 Billion | ▲ +4.0 pp |
| 2011 | 63.9% | ZAC23.61 Billion | ZAC36.92 Billion | ZAC13.31 Billion | ▲ +3.1 pp |
| 2010 | 60.9% | ZAC17.41 Billion | ZAC28.61 Billion | ZAC11.20 Billion | ▲ +5.3 pp |
| 2009 | 55.6% | ZAC12.91 Billion | ZAC23.23 Billion | ZAC10.32 Billion | ▼ -1.0 pp |
| 2008 | 56.6% | ZAC13.12 Billion | ZAC23.18 Billion | ZAC10.06 Billion | ▼ -8.1 pp |
| 2007 | 64.7% | ZAC9.82 Billion | ZAC15.18 Billion | ZAC5.35 Billion | ▲ +4.1 pp |
| 2006 | 60.7% | ZAC8.17 Billion | ZAC13.46 Billion | ZAC5.30 Billion | ▲ +10.7 pp |
| 2005 | 50.0% | ZAC7.39 Billion | ZAC14.78 Billion | ZAC7.40 Billion | ▲ +0.1 pp |
| 2004 | 49.8% | ZAC6.46 Billion | ZAC12.97 Billion | ZAC6.51 Billion | — |