Pan African Resources PLC (PAN) — Net Asset Quality Index
Pan African Resources PLC (PAN) has a Net Asset Quality Index of 59.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC1.16 Billion minus total liabilities of ZAC469.72 Million yields net assets of ZAC687.24 Million. A higher index indicates a stronger, lower-leverage balance sheet. See PAN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Pan African Resources PLC Net Asset Quality Index Over Time (2014–2025)
This chart shows how Pan African Resources PLC's Net Asset Quality Index has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the index stands at 59.4%, representing net assets of ZAC687.24 Million against total assets of ZAC1.16 Billion ZAC. Explore Pan African Resources PLC cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Pan African Resources PLC (2014–2025)
The table below presents the year-by-year Net Asset Quality Index for Pan African Resources PLC from 2014 to 2025, covering 12 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 Pan African Resources PLC market capitalisation.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 54.4% | ZAC546.67 Million | ZAC1.00 Billion | ZAC457.84 Million | ▲ +1.4 pp |
| 2024 | 53.1% | ZAC364.10 Million | ZAC686.07 Million | ZAC321.97 Million | ▼ -5.7 pp |
| 2023 | 58.8% | ZAC294.60 Million | ZAC500.94 Million | ZAC206.34 Million | ▼ -5.6 pp |
| 2022 | 64.5% | ZAC294.61 Million | ZAC457.09 Million | ZAC162.48 Million | ▲ +5.7 pp |
| 2021 | 58.7% | ZAC283.63 Million | ZAC483.09 Million | ZAC199.46 Million | ▲ +8.9 pp |
| 2020 | 49.8% | ZAC183.62 Million | ZAC368.62 Million | ZAC185.00 Million | ▲ +3.1 pp |
| 2019 | 46.7% | ZAC183.58 Million | ZAC393.13 Million | ZAC209.55 Million | ▲ +3.1 pp |
| 2018 | 43.6% | ZAC151.27 Million | ZAC346.91 Million | ZAC195.64 Million | ▼ -26.0 pp |
| 2017 | 69.6% | ZAC281.78 Million | ZAC404.73 Million | ZAC122.95 Million | ▲ +9.9 pp |
| 2016 | 59.7% | ZAC201.52 Million | ZAC337.29 Million | ZAC135.77 Million | ▼ -2.3 pp |
| 2015 | 62.0% | ZAC147.17 Million | ZAC237.37 Million | ZAC90.20 Million | ▼ -2.5 pp |
| 2014 | 64.5% | ZAC159.40 Million | ZAC246.94 Million | ZAC87.54 Million | — |