TSA Net Asset Quality Index
TSA net asset quality index. TSA (0297) has a Net Asset Quality Index of 64.4% as of May 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM292.94 Million minus total liabilities of RM104.15 Million yields net assets of RM188.79 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check TSA cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of TSA (2020–2025)
Net asset quality index of TSA from 2020 to 2025. This chart shows how TSA's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of May 2026, the index stands at 64.4%, representing net assets of RM188.79 Million against total assets of RM292.94 Million MYR. See 0297 book value for net asset value and shareholders' equity analysis.
TSA Net Asset Quality Index by Year (2020–2025)
TSA net asset quality index by year from 2020 to 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 live market cap and overall valuation, 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 | — |