Thungela Resources Limited (TGA) — Net Asset Quality Index
Thungela Resources Limited (TGA) has a Net Asset Quality Index of 42.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC37.78 Billion minus total liabilities of ZAC21.61 Billion yields net assets of ZAC16.18 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check TGA cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Thungela Resources Limited Net Asset Quality Index Over Time (2017–2025)
This chart shows how Thungela Resources Limited's Net Asset Quality Index has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the index stands at 42.8%, representing net assets of ZAC16.18 Billion against total assets of ZAC37.78 Billion ZAC. See TGA current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Thungela Resources Limited (2017–2025)
The table below presents the year-by-year Net Asset Quality Index for Thungela Resources Limited from 2017 to 2025, covering 9 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 how much is Thungela Resources Limited worth.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 42.8% | ZAC16.18 Billion | ZAC37.78 Billion | ZAC21.61 Billion | ▼ -11.5 pp |
| 2024 | 54.3% | ZAC26.10 Billion | ZAC48.08 Billion | ZAC21.97 Billion | ▲ +1.4 pp |
| 2023 | 52.9% | ZAC24.60 Billion | ZAC46.49 Billion | ZAC21.89 Billion | ▼ -11.6 pp |
| 2022 | 64.5% | ZAC26.16 Billion | ZAC40.58 Billion | ZAC14.42 Billion | ▲ +5.4 pp |
| 2021 | 59.1% | ZAC18.47 Billion | ZAC31.29 Billion | ZAC12.81 Billion | ▲ +21.0 pp |
| 2020 | 38.0% | ZAC8.32 Billion | ZAC21.90 Billion | ZAC13.57 Billion | ▲ +1.8 pp |
| 2019 | 36.2% | ZAC6.67 Billion | ZAC18.41 Billion | ZAC11.74 Billion | ▼ -12.1 pp |
| 2018 | 48.3% | ZAC10.72 Billion | ZAC22.18 Billion | ZAC11.46 Billion | ▲ +6.9 pp |
| 2017 | 41.4% | ZAC10.78 Billion | ZAC26.01 Billion | ZAC15.24 Billion | — |