BHP Group Limited (BHP) — Net Asset Quality Index
BHP Group Limited (BHP) has a Net Asset Quality Index of 47.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX116.09 Billion minus total liabilities of GBX60.59 Billion yields net assets of GBX55.50 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See BHP defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
BHP Group Limited Net Asset Quality Index Over Time (1987–2025)
This chart shows how BHP Group Limited's Net Asset Quality Index has evolved across 39 annual periods from 1987 to 2025. As of December 2025, the index stands at 47.8%, representing net assets of GBX55.50 Billion against total assets of GBX116.09 Billion GBX. Explore cash efficiency ratio of BHP Group Limited to assess how effectively this company generates cash.
Annual Net Asset Quality Index for BHP Group Limited (1987–2025)
The table below presents the year-by-year Net Asset Quality Index for BHP Group Limited from 1987 to 2025, covering 39 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 BHP market cap.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 48.0% | GBX52.22 Billion | GBX108.79 Billion | GBX56.57 Billion | ▲ +0.0 pp |
| 2024 | 48.0% | GBX49.12 Billion | GBX102.36 Billion | GBX53.24 Billion | ▲ +0.1 pp |
| 2023 | 47.9% | GBX48.53 Billion | GBX101.30 Billion | GBX52.77 Billion | ▼ -3.3 pp |
| 2022 | 51.2% | GBX48.77 Billion | GBX95.17 Billion | GBX46.40 Billion | ▲ +0.2 pp |
| 2021 | 51.0% | GBX55.60 Billion | GBX108.93 Billion | GBX53.32 Billion | ▲ +1.7 pp |
| 2020 | 49.3% | GBX52.17 Billion | GBX105.73 Billion | GBX53.56 Billion | ▼ -2.0 pp |
| 2019 | 51.4% | GBX51.82 Billion | GBX100.86 Billion | GBX49.04 Billion | ▼ -2.8 pp |
| 2018 | 54.2% | GBX60.67 Billion | GBX111.99 Billion | GBX51.32 Billion | ▲ +0.6 pp |
| 2017 | 53.6% | GBX62.73 Billion | GBX117.01 Billion | GBX54.28 Billion | ▲ +3.1 pp |
| 2016 | 50.5% | GBX60.07 Billion | GBX118.95 Billion | GBX58.88 Billion | ▼ -6.1 pp |
| 2015 | 56.6% | GBX70.55 Billion | GBX124.58 Billion | GBX54.03 Billion | ▲ +0.2 pp |
| 2014 | 56.4% | GBX85.38 Billion | GBX151.41 Billion | GBX66.03 Billion | ▲ +2.6 pp |
| 2013 | 53.7% | GBX74.22 Billion | GBX138.11 Billion | GBX63.89 Billion | ▲ +1.8 pp |
| 2012 | 51.9% | GBX67.08 Billion | GBX129.27 Billion | GBX62.19 Billion | ▼ -4.2 pp |
| 2011 | 56.1% | GBX57.76 Billion | GBX102.89 Billion | GBX45.14 Billion | ▲ +0.6 pp |
| 2010 | 55.5% | GBX49.33 Billion | GBX88.85 Billion | GBX39.52 Billion | ▲ +3.8 pp |
| 2009 | 51.7% | GBX40.71 Billion | GBX78.77 Billion | GBX38.06 Billion | ▲ +0.2 pp |
| 2008 | 51.4% | GBX39.04 Billion | GBX75.89 Billion | GBX36.85 Billion | ▲ +0.0 pp |
| 2007 | 51.4% | GBX29.92 Billion | GBX58.17 Billion | GBX28.25 Billion | ▲ +1.0 pp |
| 2006 | 50.4% | GBX24.45 Billion | GBX48.52 Billion | GBX24.06 Billion | ▲ +4.2 pp |
| 2005 | 46.2% | GBX22.00 Billion | GBX47.65 Billion | GBX25.64 Billion | ▼ -6.0 pp |
| 2004 | 52.2% | GBX19.16 Billion | GBX36.67 Billion | GBX17.52 Billion | ▲ +3.2 pp |
| 2003 | 49.0% | GBX17.16 Billion | GBX35.00 Billion | GBX17.84 Billion | ▲ +6.1 pp |
| 2002 | 42.9% | GBX12.68 Billion | GBX29.55 Billion | GBX16.87 Billion | ▲ +1.1 pp |
| 2001 | 41.8% | GBX11.72 Billion | GBX28.03 Billion | GBX16.31 Billion | ▼ -17.6 pp |
| 2000 | 59.4% | GBX5.37 Billion | GBX9.04 Billion | GBX3.67 Billion | ▲ +29.6 pp |
| 1999 | 29.9% | GBX6.11 Billion | GBX20.45 Billion | GBX14.34 Billion | ▼ -3.8 pp |
| 1998 | 33.6% | GBX7.77 Billion | GBX23.09 Billion | GBX15.32 Billion | ▼ -10.8 pp |
| 1997 | 44.5% | GBX12.37 Billion | GBX27.81 Billion | GBX15.44 Billion | ▼ -0.4 pp |
| 1996 | 44.9% | GBX12.57 Billion | GBX28.00 Billion | GBX15.43 Billion | ▼ -4.0 pp |
| 1995 | 48.9% | GBX10.63 Billion | GBX21.74 Billion | GBX11.11 Billion | ▲ +2.3 pp |
| 1994 | 46.6% | GBX9.53 Billion | GBX20.44 Billion | GBX10.91 Billion | ▲ +3.7 pp |
| 1993 | 42.9% | GBX7.72 Billion | GBX18.01 Billion | GBX10.29 Billion | ▲ +7.2 pp |
| 1992 | 35.6% | GBX6.36 Billion | GBX17.85 Billion | GBX11.49 Billion | ▲ +5.1 pp |
| 1991 | 30.5% | GBX5.28 Billion | GBX17.28 Billion | GBX12.00 Billion | ▼ -4.7 pp |
| 1990 | 35.2% | GBX5.85 Billion | GBX16.60 Billion | GBX10.75 Billion | ▼ -0.6 pp |
| 1989 | 35.8% | GBX5.38 Billion | GBX15.04 Billion | GBX9.65 Billion | ▲ +5.2 pp |
| 1988 | 30.7% | GBX4.72 Billion | GBX15.39 Billion | GBX10.67 Billion | ▼ -13.8 pp |
| 1987 | 44.4% | GBX5.54 Billion | GBX12.48 Billion | GBX6.94 Billion | — |