Glostrext Berhad (0284) — Net Asset Quality Index

Latest as of September 2024: 85.8%

Glostrext Berhad (0284) has a Net Asset Quality Index of 85.8% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM65.08 Million minus total liabilities of RM9.21 Million yields net assets of RM55.87 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check 0284 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

85.8%
Equity / Total Assets

Net Assets

RM55.87 Million
MYR

Total Assets

RM65.08 Million
MYR

Total Liabilities

RM9.21 Million
MYR

Glostrext Berhad Net Asset Quality Index Over Time (2020–2024)

This chart shows how Glostrext Berhad's Net Asset Quality Index has evolved across 5 annual periods from 2020 to 2024. As of September 2024, the index stands at 85.8%, representing net assets of RM55.87 Million against total assets of RM65.08 Million MYR. See how liquid is Glostrext Berhad's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Glostrext Berhad (2020–2024)

The table below presents the year-by-year Net Asset Quality Index for Glostrext Berhad from 2020 to 2024, covering 5 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 Glostrext Berhad (0284) total market value.

Year Quality Index Net Assets (MYR) Total Assets Total Liabilities Change (pp)
2024 86.9% RM54.21 Million RM62.38 Million RM8.17 Million ▲ +11.0 pp
2023 75.9% RM35.21 Million RM46.38 Million RM11.17 Million ▲ +6.5 pp
2022 69.4% RM30.12 Million RM43.39 Million RM13.28 Million ▲ +7.0 pp
2021 62.4% RM25.34 Million RM40.59 Million RM15.25 Million ▲ +2.0 pp
2020 60.5% RM23.75 Million RM39.28 Million RM15.53 Million
pp = percentage points