SPAR Group Ltd (SPP) — Net Asset Quality Index
SPAR Group Ltd (SPP) has a Net Asset Quality Index of 11.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC46.22 Billion minus total liabilities of ZAC40.91 Billion yields net assets of ZAC5.31 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can SPAR Group Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
SPAR Group Ltd Net Asset Quality Index Over Time (2005–2025)
This chart shows how SPAR Group Ltd's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the index stands at 11.5%, representing net assets of ZAC5.31 Billion against total assets of ZAC46.22 Billion ZAC. Explore how efficiently does SPAR Group Ltd generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for SPAR Group Ltd (2005–2025)
The table below presents the year-by-year Net Asset Quality Index for SPAR Group Ltd from 2005 to 2025, covering 21 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 SPP market cap overview.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 11.5% | ZAC5.31 Billion | ZAC46.22 Billion | ZAC40.91 Billion | ▼ -6.0 pp |
| 2024 | 17.5% | ZAC10.37 Billion | ZAC59.26 Billion | ZAC48.88 Billion | ▲ +0.9 pp |
| 2023 | 16.6% | ZAC10.22 Billion | ZAC61.60 Billion | ZAC51.37 Billion | ▼ -0.9 pp |
| 2022 | 17.5% | ZAC10.01 Billion | ZAC57.12 Billion | ZAC47.11 Billion | ▲ +1.4 pp |
| 2021 | 16.1% | ZAC8.38 Billion | ZAC52.07 Billion | ZAC43.69 Billion | ▲ +1.1 pp |
| 2020 | 15.0% | ZAC7.89 Billion | ZAC52.74 Billion | ZAC44.85 Billion | ▼ -7.0 pp |
| 2019 | 21.9% | ZAC7.47 Billion | ZAC34.05 Billion | ZAC26.59 Billion | ▼ -0.8 pp |
| 2018 | 22.7% | ZAC7.11 Billion | ZAC31.26 Billion | ZAC24.15 Billion | ▼ -0.6 pp |
| 2017 | 23.3% | ZAC6.58 Billion | ZAC28.21 Billion | ZAC21.64 Billion | ▲ +2.7 pp |
| 2016 | 20.6% | ZAC5.64 Billion | ZAC27.36 Billion | ZAC21.71 Billion | ▲ +3.4 pp |
| 2015 | 17.2% | ZAC3.33 Billion | ZAC19.33 Billion | ZAC16.00 Billion | ▼ -0.6 pp |
| 2014 | 17.9% | ZAC3.03 Billion | ZAC16.95 Billion | ZAC13.92 Billion | ▼ -14.6 pp |
| 2013 | 32.5% | ZAC3.18 Billion | ZAC9.79 Billion | ZAC6.61 Billion | ▲ +3.8 pp |
| 2012 | 28.7% | ZAC2.84 Billion | ZAC9.90 Billion | ZAC7.06 Billion | ▼ -1.3 pp |
| 2011 | 30.0% | ZAC2.49 Billion | ZAC8.30 Billion | ZAC5.81 Billion | ▲ +0.9 pp |
| 2010 | 29.1% | ZAC2.19 Billion | ZAC7.53 Billion | ZAC5.34 Billion | ▼ -0.6 pp |
| 2009 | 29.7% | ZAC1.94 Billion | ZAC6.54 Billion | ZAC4.60 Billion | ▲ +4.2 pp |
| 2008 | 25.5% | ZAC1.49 Billion | ZAC5.83 Billion | ZAC4.35 Billion | ▲ +3.6 pp |
| 2007 | 21.9% | ZAC1.11 Billion | ZAC5.06 Billion | ZAC3.95 Billion | ▼ -3.3 pp |
| 2006 | 25.2% | ZAC892.40 Million | ZAC3.54 Billion | ZAC2.64 Billion | ▼ -2.5 pp |
| 2005 | 27.8% | ZAC750.80 Million | ZAC2.70 Billion | ZAC1.95 Billion | — |