ALPHA (0303) — Net Asset Quality Index
ALPHA (0303) has a Net Asset Quality Index of 77.6% as of November 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM260.64 Million minus total liabilities of RM58.34 Million yields net assets of RM202.29 Million. A higher index indicates a stronger, lower-leverage balance sheet. See ALPHA liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
ALPHA Net Asset Quality Index Over Time (2020–2025)
This chart shows how ALPHA's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of November 2025, the index stands at 77.6%, representing net assets of RM202.29 Million against total assets of RM260.64 Million MYR. Explore ALPHA cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for ALPHA (2020–2025)
The table below presents the year-by-year Net Asset Quality Index for ALPHA 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 market value of ALPHA.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.4% | RM204.15 Million | RM250.80 Million | RM46.66 Million | ▼ -1.7 pp |
| 2024 | 83.1% | RM189.78 Million | RM228.27 Million | RM38.49 Million | ▲ +26.2 pp |
| 2023 | 56.9% | RM54.55 Million | RM95.85 Million | RM41.30 Million | ▲ +1.8 pp |
| 2022 | 55.1% | RM58.97 Million | RM107.08 Million | RM48.11 Million | ▲ +2.4 pp |
| 2021 | 52.7% | RM48.57 Million | RM92.23 Million | RM43.66 Million | ▲ +14.8 pp |
| 2020 | 37.8% | RM28.36 Million | RM74.96 Million | RM46.61 Million | — |