Globetronics Tech Bhd (7022) — Net Asset Quality Index
Globetronics Tech Bhd (7022) has a Net Asset Quality Index of 91.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM294.96 Million minus total liabilities of RM24.27 Million yields net assets of RM270.69 Million. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Globetronics Tech Bhd fund operations to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Globetronics Tech Bhd Net Asset Quality Index Over Time (2006–2024)
This chart shows how Globetronics Tech Bhd's Net Asset Quality Index has evolved across 19 annual periods from 2006 to 2024. As of March 2026, the index stands at 91.8%, representing net assets of RM270.69 Million against total assets of RM294.96 Million MYR. Explore Globetronics Tech Bhd (7022) cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Globetronics Tech Bhd (2006–2024)
The table below presents the year-by-year Net Asset Quality Index for Globetronics Tech Bhd from 2006 to 2024, covering 19 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 7022 company net worth.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.0% | RM308.26 Million | RM334.90 Million | RM26.64 Million | ▲ +0.3 pp |
| 2023 | 91.7% | RM308.13 Million | RM336.04 Million | RM27.91 Million | ▼ -0.2 pp |
| 2022 | 91.9% | RM300.45 Million | RM326.79 Million | RM26.33 Million | ▲ +2.1 pp |
| 2021 | 89.9% | RM300.98 Million | RM334.92 Million | RM33.94 Million | ▲ +0.8 pp |
| 2020 | 89.0% | RM297.10 Million | RM333.69 Million | RM36.59 Million | ▲ +1.2 pp |
| 2019 | 87.9% | RM296.79 Million | RM337.78 Million | RM40.98 Million | ▲ +7.8 pp |
| 2018 | 80.1% | RM301.14 Million | RM376.07 Million | RM74.92 Million | ▲ +9.2 pp |
| 2017 | 70.8% | RM281.35 Million | RM397.14 Million | RM115.80 Million | ▼ -14.3 pp |
| 2016 | 85.1% | RM264.15 Million | RM310.41 Million | RM46.27 Million | ▲ +1.2 pp |
| 2015 | 83.8% | RM299.68 Million | RM357.42 Million | RM57.74 Million | ▲ +4.4 pp |
| 2014 | 79.4% | RM284.57 Million | RM358.20 Million | RM73.63 Million | ▼ -1.6 pp |
| 2013 | 81.1% | RM275.20 Million | RM339.39 Million | RM64.19 Million | ▲ +0.9 pp |
| 2012 | 80.2% | RM261.14 Million | RM325.80 Million | RM64.66 Million | ▼ -2.4 pp |
| 2011 | 82.6% | RM246.43 Million | RM298.41 Million | RM51.98 Million | ▲ +3.7 pp |
| 2010 | 78.8% | RM241.28 Million | RM306.06 Million | RM64.78 Million | ▼ -2.8 pp |
| 2009 | 81.6% | RM226.49 Million | RM277.45 Million | RM50.95 Million | ▲ +6.1 pp |
| 2008 | 75.5% | RM219.99 Million | RM291.35 Million | RM71.36 Million | ▲ +2.3 pp |
| 2007 | 73.2% | RM225.60 Million | RM308.38 Million | RM82.78 Million | ▲ +0.6 pp |
| 2006 | 72.6% | RM214.47 Million | RM295.60 Million | RM81.13 Million | — |