HSBC Holdings PLC (HSBA) — Net Asset Quality Index
HSBC Holdings PLC (HSBA) has a Net Asset Quality Index of 5.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX3.31 Trillion minus total liabilities of GBX3.13 Trillion yields net assets of GBX175.05 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See HSBC Holdings PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
HSBC Holdings PLC Net Asset Quality Index Over Time (1987–2025)
This chart shows how HSBC Holdings PLC's Net Asset Quality Index has evolved across 39 annual periods from 1987 to 2025. As of March 2026, the index stands at 5.3%, representing net assets of GBX175.05 Billion against total assets of GBX3.31 Trillion GBX. Explore how efficiently does HSBC Holdings PLC generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for HSBC Holdings PLC (1987–2025)
The table below presents the year-by-year Net Asset Quality Index for HSBC Holdings PLC 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 HSBA market cap.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 5.7% | GBX185.02 Billion | GBX3.23 Trillion | GBX3.05 Trillion | ▼ -0.7 pp |
| 2024 | 6.4% | GBX192.27 Billion | GBX3.02 Trillion | GBX2.82 Trillion | ▲ +0.0 pp |
| 2023 | 6.3% | GBX192.61 Billion | GBX3.04 Trillion | GBX2.85 Trillion | ▲ +0.1 pp |
| 2022 | 6.3% | GBX185.20 Billion | GBX2.95 Trillion | GBX2.76 Trillion | ▼ -0.7 pp |
| 2021 | 7.0% | GBX206.78 Billion | GBX2.96 Trillion | GBX2.75 Trillion | ▲ +0.1 pp |
| 2020 | 6.9% | GBX205.00 Billion | GBX2.98 Trillion | GBX2.78 Trillion | ▼ -0.2 pp |
| 2019 | 7.1% | GBX192.67 Billion | GBX2.72 Trillion | GBX2.52 Trillion | ▼ -0.5 pp |
| 2018 | 7.6% | GBX194.25 Billion | GBX2.56 Trillion | GBX2.36 Trillion | ▼ -0.3 pp |
| 2017 | 7.8% | GBX197.87 Billion | GBX2.52 Trillion | GBX2.32 Trillion | ▲ +0.2 pp |
| 2016 | 7.7% | GBX182.58 Billion | GBX2.37 Trillion | GBX2.19 Trillion | ▼ -0.5 pp |
| 2015 | 8.2% | GBX197.52 Billion | GBX2.41 Trillion | GBX2.21 Trillion | ▲ +0.6 pp |
| 2014 | 7.6% | GBX199.98 Billion | GBX2.63 Trillion | GBX2.43 Trillion | ▲ +0.5 pp |
| 2013 | 7.1% | GBX190.46 Billion | GBX2.67 Trillion | GBX2.48 Trillion | ▲ +0.3 pp |
| 2012 | 6.8% | GBX183.13 Billion | GBX2.69 Trillion | GBX2.51 Trillion | ▲ +0.3 pp |
| 2011 | 6.5% | GBX166.09 Billion | GBX2.56 Trillion | GBX2.39 Trillion | ▲ +0.2 pp |
| 2010 | 6.3% | GBX154.91 Billion | GBX2.45 Trillion | GBX2.30 Trillion | ▲ +0.6 pp |
| 2009 | 5.7% | GBX135.66 Billion | GBX2.36 Trillion | GBX2.23 Trillion | ▲ +1.8 pp |
| 2008 | 4.0% | GBX100.23 Billion | GBX2.53 Trillion | GBX2.43 Trillion | ▼ -1.8 pp |
| 2007 | 5.8% | GBX135.42 Billion | GBX2.35 Trillion | GBX2.22 Trillion | ▼ -0.4 pp |
| 2006 | 6.2% | GBX114.93 Billion | GBX1.86 Trillion | GBX1.75 Trillion | ▼ -0.4 pp |
| 2005 | 6.5% | GBX98.23 Billion | GBX1.50 Trillion | GBX1.40 Trillion | ▼ -1.2 pp |
| 2004 | 7.7% | GBX99.20 Billion | GBX1.28 Trillion | GBX1.18 Trillion | ▲ +0.1 pp |
| 2003 | 7.6% | GBX85.35 Billion | GBX1.12 Trillion | GBX1.03 Trillion | ▲ +0.4 pp |
| 2002 | 7.2% | GBX58.96 Billion | GBX818.58 Billion | GBX759.62 Billion | ▲ +0.2 pp |
| 2001 | 7.0% | GBX52.47 Billion | GBX747.20 Billion | GBX694.73 Billion | ▼ -0.8 pp |
| 2000 | 7.8% | GBX78.98 Billion | GBX1.01 Trillion | GBX927.43 Billion | ▲ +1.3 pp |
| 1999 | 6.5% | GBX64.69 Billion | GBX993.37 Billion | GBX928.68 Billion | ▲ +0.2 pp |
| 1998 | 6.3% | GBX50.94 Billion | GBX804.56 Billion | GBX753.63 Billion | ▼ -0.2 pp |
| 1997 | 6.5% | GBX30.80 Billion | GBX473.44 Billion | GBX442.64 Billion | ▼ -0.8 pp |
| 1996 | 7.3% | GBX29.65 Billion | GBX405.10 Billion | GBX375.45 Billion | ▲ +0.5 pp |
| 1995 | 6.8% | GBX23.84 Billion | GBX350.48 Billion | GBX326.64 Billion | ▲ +0.6 pp |
| 1994 | 6.2% | GBX19.48 Billion | GBX315.05 Billion | GBX295.57 Billion | ▲ +0.9 pp |
| 1993 | 5.3% | GBX16.12 Billion | GBX306.86 Billion | GBX290.73 Billion | ▲ +0.2 pp |
| 1992 | 5.1% | GBX14.22 Billion | GBX280.80 Billion | GBX266.58 Billion | ▼ -0.1 pp |
| 1991 | 5.2% | GBX8.28 Billion | GBX160.52 Billion | GBX152.24 Billion | ▼ -0.1 pp |
| 1990 | 5.2% | GBX7.81 Billion | GBX149.25 Billion | GBX141.44 Billion | ▼ -0.5 pp |
| 1989 | 5.8% | GBX7.66 Billion | GBX132.58 Billion | GBX124.93 Billion | ▲ +1.2 pp |
| 1988 | 4.6% | GBX5.25 Billion | GBX113.90 Billion | GBX108.65 Billion | ▲ +0.1 pp |
| 1987 | 4.5% | GBX4.84 Billion | GBX107.88 Billion | GBX103.03 Billion | — |