TSA (0297) — Net Asset Quality Index

Latest as of February 2026: 71.2%

TSA (0297) has a Net Asset Quality Index of 71.2% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM262.34 Million minus total liabilities of RM75.67 Million yields net assets of RM186.67 Million. A higher index indicates a stronger, lower-leverage balance sheet. See TSA defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Quality Index

71.2%
Equity / Total Assets

Net Assets

RM186.67 Million
MYR

Total Assets

RM262.34 Million
MYR

Total Liabilities

RM75.67 Million
MYR

TSA Net Asset Quality Index Over Time (2020–2025)

This chart shows how TSA's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of February 2026, the index stands at 71.2%, representing net assets of RM186.67 Million against total assets of RM262.34 Million MYR. Explore 0297 cash generation efficiency to assess how effectively this company generates cash.

Annual Net Asset Quality Index for TSA (2020–2025)

The table below presents the year-by-year Net Asset Quality Index for TSA from 2020 to 2025, covering 6 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 0297 stock market capitalisation.

Year Quality Index Net Assets (MYR) Total Assets Total Liabilities Change (pp)
2025 72.2% RM187.67 Million RM260.05 Million RM72.38 Million ▲ +6.2 pp
2024 65.9% RM184.54 Million RM279.86 Million RM95.31 Million ▲ +1.9 pp
2023 64.1% RM142.93 Million RM223.01 Million RM80.08 Million ▲ +1.9 pp
2022 62.2% RM150.04 Million RM241.37 Million RM91.33 Million ▲ +14.3 pp
2021 47.9% RM124.79 Million RM260.65 Million RM135.86 Million ▼ -9.9 pp
2020 57.8% RM121.06 Million RM209.61 Million RM88.55 Million
pp = percentage points