Spear REIT Ltd (SEA) — Net Asset Quality Index
Spear REIT Ltd (SEA) has a Net Asset Quality Index of 71.1% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC7.58 Billion minus total liabilities of ZAC2.19 Billion yields net assets of ZAC5.39 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does Spear REIT Ltd carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Spear REIT Ltd Net Asset Quality Index Over Time (2017–2026)
This chart shows how Spear REIT Ltd's Net Asset Quality Index has evolved across 10 annual periods from 2017 to 2026. As of February 2026, the index stands at 71.1%, representing net assets of ZAC5.39 Billion against total assets of ZAC7.58 Billion ZAC. For live market cap and overall valuation, see Spear REIT Ltd (SEA) total market value.
Annual Net Asset Quality Index for Spear REIT Ltd (2017–2026)
The table below presents the year-by-year Net Asset Quality Index for Spear REIT Ltd from 2017 to 2026, covering 10 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 Spear REIT Ltd (SEA) strategic asset index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 71.1% | ZAC5.39 Billion | ZAC7.58 Billion | ZAC2.19 Billion | ▲ +1.5 pp |
| 2025 | 69.5% | ZAC3.92 Billion | ZAC5.64 Billion | ZAC1.72 Billion | ▲ +3.7 pp |
| 2024 | 65.9% | ZAC3.08 Billion | ZAC4.68 Billion | ZAC1.60 Billion | ▲ +4.6 pp |
| 2023 | 61.3% | ZAC2.61 Billion | ZAC4.26 Billion | ZAC1.65 Billion | ▲ +2.2 pp |
| 2022 | 59.0% | ZAC2.67 Billion | ZAC4.53 Billion | ZAC1.86 Billion | ▲ +6.8 pp |
| 2021 | 52.2% | ZAC2.39 Billion | ZAC4.58 Billion | ZAC2.19 Billion | ▼ -6.4 pp |
| 2020 | 58.6% | ZAC2.52 Billion | ZAC4.30 Billion | ZAC1.78 Billion | ▼ -1.4 pp |
| 2019 | 60.0% | ZAC2.35 Billion | ZAC3.92 Billion | ZAC1.57 Billion | ▼ -1.1 pp |
| 2018 | 61.1% | ZAC1.97 Billion | ZAC3.23 Billion | ZAC1.26 Billion | ▼ -5.0 pp |
| 2017 | 66.1% | ZAC986.81 Million | ZAC1.49 Billion | ZAC506.70 Million | — |