JSE Limited (JSE) — Net Asset Quality Index
JSE Limited (JSE) has a Net Asset Quality Index of 7.5% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC67.54 Billion minus total liabilities of ZAC62.48 Billion yields net assets of ZAC5.06 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can JSE Limited fund operations to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
JSE Limited Net Asset Quality Index Over Time (2002–2025)
This chart shows how JSE Limited's Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the index stands at 7.5%, representing net assets of ZAC5.06 Billion against total assets of ZAC67.54 Billion ZAC. Explore JSE Limited (JSE) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for JSE Limited (2002–2025)
The table below presents the year-by-year Net Asset Quality Index for JSE Limited from 2002 to 2025, covering 24 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 market capitalisation and the full company profile, see JSE Limited stock valuation.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 7.5% | ZAC5.06 Billion | ZAC67.54 Billion | ZAC62.48 Billion | ▼ -0.9 pp |
| 2024 | 8.4% | ZAC4.68 Billion | ZAC55.68 Billion | ZAC50.99 Billion | ▲ +1.1 pp |
| 2023 | 7.3% | ZAC4.39 Billion | ZAC59.79 Billion | ZAC55.40 Billion | ▲ +0.5 pp |
| 2022 | 6.8% | ZAC4.17 Billion | ZAC61.34 Billion | ZAC57.16 Billion | ▼ -0.1 pp |
| 2021 | 6.9% | ZAC4.22 Billion | ZAC61.04 Billion | ZAC56.82 Billion | ▼ -1.1 pp |
| 2020 | 8.0% | ZAC4.15 Billion | ZAC51.62 Billion | ZAC47.47 Billion | ▼ -1.8 pp |
| 2019 | 9.9% | ZAC3.97 Billion | ZAC40.23 Billion | ZAC36.26 Billion | ▲ +0.4 pp |
| 2018 | 9.5% | ZAC3.97 Billion | ZAC41.92 Billion | ZAC37.96 Billion | ▲ +0.1 pp |
| 2017 | 9.4% | ZAC3.63 Billion | ZAC38.69 Billion | ZAC35.06 Billion | ▲ +2.3 pp |
| 2016 | 7.1% | ZAC3.27 Billion | ZAC45.96 Billion | ZAC42.69 Billion | ▼ -0.5 pp |
| 2015 | 7.7% | ZAC2.96 Billion | ZAC38.58 Billion | ZAC35.62 Billion | ▼ -0.8 pp |
| 2014 | 8.5% | ZAC2.47 Billion | ZAC29.21 Billion | ZAC26.74 Billion | ▼ -1.8 pp |
| 2013 | 10.2% | ZAC2.19 Billion | ZAC21.38 Billion | ZAC19.19 Billion | ▼ -0.7 pp |
| 2012 | 11.0% | ZAC1.87 Billion | ZAC17.08 Billion | ZAC15.21 Billion | ▲ +0.7 pp |
| 2011 | 10.2% | ZAC1.77 Billion | ZAC17.33 Billion | ZAC15.56 Billion | ▼ -0.2 pp |
| 2010 | 10.4% | ZAC1.79 Billion | ZAC17.17 Billion | ZAC15.38 Billion | ▲ +0.8 pp |
| 2009 | 9.7% | ZAC1.60 Billion | ZAC16.58 Billion | ZAC14.97 Billion | ▲ +1.4 pp |
| 2008 | 8.2% | ZAC1.37 Billion | ZAC16.65 Billion | ZAC15.28 Billion | ▲ +2.5 pp |
| 2007 | 5.8% | ZAC1.11 Billion | ZAC19.27 Billion | ZAC18.17 Billion | ▼ -2.1 pp |
| 2006 | 7.8% | ZAC833.54 Million | ZAC10.67 Billion | ZAC9.84 Billion | ▼ -2.0 pp |
| 2005 | 9.9% | ZAC682.60 Million | ZAC6.93 Billion | ZAC6.24 Billion | ▼ -1.9 pp |
| 2004 | 11.8% | ZAC617.71 Million | ZAC5.24 Billion | ZAC4.62 Billion | ▼ -1.6 pp |
| 2003 | 13.4% | ZAC528.81 Million | ZAC3.96 Billion | ZAC3.43 Billion | ▼ -1.8 pp |
| 2002 | 15.1% | ZAC509.24 Million | ZAC3.37 Billion | ZAC2.86 Billion | — |