Joint Stock Company Kaspi.kz (KSPI) — Net Asset Quality Index
Joint Stock Company Kaspi.kz (KSPI) has a Net Asset Quality Index of 23.5% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $11.07 Trillion minus total liabilities of $8.47 Trillion yields net assets of $2.60 Trillion. A higher index indicates a stronger, lower-leverage balance sheet. Check KSPI financial resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Joint Stock Company Kaspi.kz Net Asset Quality Index Over Time (2019–2025)
This chart shows how Joint Stock Company Kaspi.kz's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the index stands at 23.5%, representing net assets of $2.60 Trillion against total assets of $11.07 Trillion USD. See working capital position of Joint Stock Company Kaspi.kz to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Joint Stock Company Kaspi.kz (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for Joint Stock Company Kaspi.kz from 2019 to 2025, covering 7 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 Joint Stock Company Kaspi.kz (KSPI) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 23.5% | $2.60 Trillion | $11.07 Trillion | $8.47 Trillion | ▲ +4.7 pp |
| 2024 | 18.8% | $1.57 Trillion | $8.38 Trillion | $6.80 Trillion | ▲ +2.6 pp |
| 2023 | 16.2% | $1.10 Trillion | $6.82 Trillion | $5.72 Trillion | ▲ +0.1 pp |
| 2022 | 16.1% | $825.69 Billion | $5.12 Trillion | $4.30 Trillion | ▲ +2.1 pp |
| 2021 | 14.0% | $504.69 Billion | $3.61 Trillion | $3.10 Trillion | ▼ -0.1 pp |
| 2020 | 14.1% | $394.66 Billion | $2.81 Trillion | $2.41 Trillion | ▲ +0.5 pp |
| 2019 | 13.5% | $295.62 Billion | $2.19 Trillion | $1.89 Trillion | — |