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. Read TGA total liabilities for a breakdown of total debt and financial obligations.
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. For live market cap and overall valuation, see market value of Thungela Resources Limited.
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. Check how strategically is Thungela Resources Limited's equity deployed to assess the company's strategic physical and investment asset allocation.
| 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 | — |