Trustco Group Holdings (TTO) — Net Asset Quality Index
Trustco Group Holdings (TTO) has a Net Asset Quality Index of 32.4% as of December 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC3.89 Billion minus total liabilities of ZAC2.63 Billion yields net assets of ZAC1.26 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Trustco Group Holdings liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Trustco Group Holdings Net Asset Quality Index Over Time (2009–2023)
This chart shows how Trustco Group Holdings's Net Asset Quality Index has evolved across 15 annual periods from 2009 to 2023. As of December 2023, the index stands at 32.4%, representing net assets of ZAC1.26 Billion against total assets of ZAC3.89 Billion ZAC. See TTO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Trustco Group Holdings (2009–2023)
The table below presents the year-by-year Net Asset Quality Index for Trustco Group Holdings from 2009 to 2023, covering 15 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 TTO stock market capitalisation.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 30.1% | ZAC1.15 Billion | ZAC3.83 Billion | ZAC2.67 Billion | ▼ -12.1 pp |
| 2022 | 42.3% | ZAC1.83 Billion | ZAC4.34 Billion | ZAC2.51 Billion | ▲ +33.5 pp |
| 2021 | 8.7% | ZAC397.00 Million | ZAC4.55 Billion | ZAC4.15 Billion | ▼ -57.4 pp |
| 2020 | 66.1% | ZAC4.10 Billion | ZAC6.21 Billion | ZAC2.10 Billion | ▲ +10.1 pp |
| 2019 | 56.1% | ZAC3.77 Billion | ZAC6.73 Billion | ZAC2.96 Billion | ▼ -9.3 pp |
| 2018 | 65.4% | ZAC4.17 Billion | ZAC6.37 Billion | ZAC2.21 Billion | ▲ +17.0 pp |
| 2017 | 48.3% | ZAC2.49 Billion | ZAC5.16 Billion | ZAC2.66 Billion | ▼ -6.2 pp |
| 2016 | 54.5% | ZAC2.19 Billion | ZAC4.01 Billion | ZAC1.82 Billion | ▲ +5.5 pp |
| 2015 | 49.1% | ZAC1.55 Billion | ZAC3.16 Billion | ZAC1.61 Billion | ▲ +0.8 pp |
| 2014 | 48.3% | ZAC1.22 Billion | ZAC2.54 Billion | ZAC1.31 Billion | ▼ -14.9 pp |
| 2013 | 63.2% | ZAC968.13 Million | ZAC1.53 Billion | ZAC564.80 Million | ▲ +3.1 pp |
| 2012 | 60.1% | ZAC913.30 Million | ZAC1.52 Billion | ZAC606.78 Million | ▲ +5.1 pp |
| 2011 | 55.0% | ZAC672.54 Million | ZAC1.22 Billion | ZAC549.81 Million | ▼ -1.1 pp |
| 2010 | 56.1% | ZAC517.14 Million | ZAC921.10 Million | ZAC403.96 Million | ▲ +15.1 pp |
| 2009 | 41.0% | ZAC260.84 Million | ZAC635.94 Million | ZAC375.10 Million | — |