Tullow Oil PLC (TLW) — Net Asset Quality Index
Tullow Oil PLC (TLW) has a Net Asset Quality Index of -9.1% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX3.61 Billion minus total liabilities of GBX3.93 Billion yields net assets of GBX-329.70 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check TLW asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tullow Oil PLC Net Asset Quality Index Over Time (1987–2024)
This chart shows how Tullow Oil PLC's Net Asset Quality Index has evolved across 38 annual periods from 1987 to 2024. As of June 2025, the index stands at -9.1%, representing net assets of GBX-329.70 Million against total assets of GBX3.61 Billion GBX. See how liquid is Tullow Oil PLC's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tullow Oil PLC (1987–2024)
The table below presents the year-by-year Net Asset Quality Index for Tullow Oil PLC from 1987 to 2024, covering 38 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 TLW market cap.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -6.7% | GBX-272.70 Million | GBX4.05 Billion | GBX4.32 Billion | ▲ +1.3 pp |
| 2023 | -8.1% | GBX-359.40 Million | GBX4.46 Billion | GBX4.82 Billion | ▲ +1.1 pp |
| 2022 | -9.1% | GBX-459.50 Million | GBX5.04 Billion | GBX5.50 Billion | ▼ -0.7 pp |
| 2021 | -8.4% | GBX-466.10 Million | GBX5.54 Billion | GBX6.01 Billion | ▼ -5.2 pp |
| 2020 | -3.2% | GBX-210.00 Million | GBX6.56 Billion | GBX6.77 Billion | ▼ -15.1 pp |
| 2019 | 11.9% | GBX983.60 Million | GBX8.29 Billion | GBX7.31 Billion | ▼ -15.3 pp |
| 2018 | 27.2% | GBX2.89 Billion | GBX10.64 Billion | GBX7.74 Billion | ▲ +2.6 pp |
| 2017 | 24.6% | GBX2.72 Billion | GBX11.03 Billion | GBX8.31 Billion | ▲ +3.9 pp |
| 2016 | 20.8% | GBX2.24 Billion | GBX10.80 Billion | GBX8.56 Billion | ▼ -7.2 pp |
| 2015 | 28.0% | GBX3.17 Billion | GBX11.35 Billion | GBX8.17 Billion | ▼ -7.2 pp |
| 2014 | 35.2% | GBX4.02 Billion | GBX11.42 Billion | GBX7.40 Billion | ▼ -12.1 pp |
| 2013 | 47.3% | GBX5.45 Billion | GBX11.51 Billion | GBX6.06 Billion | ▼ -9.4 pp |
| 2012 | 56.7% | GBX5.32 Billion | GBX9.38 Billion | GBX4.06 Billion | ▲ +11.9 pp |
| 2011 | 44.8% | GBX4.77 Billion | GBX10.63 Billion | GBX5.87 Billion | ▼ -1.6 pp |
| 2010 | 46.4% | GBX3.90 Billion | GBX8.41 Billion | GBX4.51 Billion | ▼ -1.0 pp |
| 2009 | 47.4% | GBX2.47 Billion | GBX5.20 Billion | GBX2.74 Billion | ▲ +2.8 pp |
| 2008 | 44.6% | GBX1.92 Billion | GBX4.29 Billion | GBX2.38 Billion | ▲ +10.6 pp |
| 2007 | 34.1% | GBX1.41 Billion | GBX4.15 Billion | GBX2.73 Billion | ▼ -4.5 pp |
| 2006 | 38.6% | GBX1.50 Billion | GBX3.90 Billion | GBX2.39 Billion | ▲ +1.9 pp |
| 2005 | 36.7% | GBX669.38 Million | GBX1.83 Billion | GBX1.16 Billion | ▼ -10.7 pp |
| 2004 | 47.4% | GBX720.17 Million | GBX1.52 Billion | GBX800.16 Million | ▲ +6.9 pp |
| 2003 | 40.5% | GBX207.00 Million | GBX511.61 Million | GBX304.61 Million | ▲ +2.6 pp |
| 2002 | 37.8% | GBX161.55 Million | GBX427.15 Million | GBX265.60 Million | ▲ +4.4 pp |
| 2001 | 33.5% | GBX133.68 Million | GBX399.52 Million | GBX265.85 Million | ▼ -47.1 pp |
| 2000 | 80.6% | GBX119.66 Million | GBX148.46 Million | GBX28.81 Million | ▲ +17.9 pp |
| 1999 | 62.7% | GBX98.37 Million | GBX156.91 Million | GBX58.54 Million | ▼ -21.9 pp |
| 1998 | 84.6% | GBX85.63 Million | GBX101.19 Million | GBX15.56 Million | ▲ +8.6 pp |
| 1997 | 76.0% | GBX73.61 Million | GBX96.87 Million | GBX23.27 Million | ▼ -6.4 pp |
| 1996 | 82.3% | GBX86.51 Million | GBX105.06 Million | GBX18.56 Million | ▲ +22.6 pp |
| 1995 | 59.8% | GBX31.99 Million | GBX53.52 Million | GBX21.53 Million | ▼ -7.3 pp |
| 1994 | 67.0% | GBX26.19 Million | GBX39.07 Million | GBX12.87 Million | ▲ +11.0 pp |
| 1993 | 56.1% | GBX14.42 Million | GBX25.72 Million | GBX11.30 Million | ▼ -15.7 pp |
| 1992 | 71.8% | GBX12.91 Million | GBX17.99 Million | GBX5.08 Million | ▼ -7.5 pp |
| 1991 | 79.3% | GBX12.01 Million | GBX15.15 Million | GBX3.14 Million | ▼ -9.2 pp |
| 1990 | 88.5% | GBX26.09 Million | GBX29.46 Million | GBX3.38 Million | ▲ +11.3 pp |
| 1989 | 77.3% | GBX18.04 Million | GBX23.35 Million | GBX5.30 Million | ▲ +16.9 pp |
| 1988 | 60.4% | GBX12.60 Million | GBX20.86 Million | GBX8.26 Million | ▼ -26.0 pp |
| 1987 | 86.4% | GBX10.45 Million | GBX12.09 Million | GBX1.65 Million | — |