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. See Spear REIT Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. Explore Spear REIT Ltd operating cash flow efficiency to assess how effectively this company generates cash.
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. For market capitalisation and the full company profile, see SEA market cap.
| 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 | — |