SLM Corp (SLM) — Net Asset Quality Index

Latest as of March 2026: 8.3%

SLM Corp (SLM) has a Net Asset Quality Index of 8.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $29.41 Billion minus total liabilities of $26.97 Billion yields net assets of $2.44 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are SLM Corp's assets to evaluate the company's liquid asset resilience ratio.

Quality Index

8.3%
Equity / Total Assets

Net Assets

$2.44 Billion
USD

Total Assets

$29.41 Billion
USD

Total Liabilities

$26.97 Billion
USD

SLM Corp Net Asset Quality Index Over Time (1989–2025)

This chart shows how SLM Corp's Net Asset Quality Index has evolved across 37 annual periods from 1989 to 2025. As of March 2026, the index stands at 8.3%, representing net assets of $2.44 Billion against total assets of $29.41 Billion USD. See SLM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for SLM Corp (1989–2025)

The table below presents the year-by-year Net Asset Quality Index for SLM Corp from 1989 to 2025, covering 37 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 SLM company net worth.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 8.2% $2.45 Billion $29.75 Billion $27.29 Billion ▲ +1.1 pp
2024 7.2% $2.16 Billion $30.07 Billion $27.91 Billion ▲ +0.7 pp
2023 6.4% $1.88 Billion $29.17 Billion $27.29 Billion ▲ +0.5 pp
2022 6.0% $1.73 Billion $28.81 Billion $27.08 Billion ▼ -73.7 pp
2021 79.7% $23.29 Billion $29.22 Billion $5.93 Billion ▼ -3.4 pp
2020 83.1% $25.58 Billion $30.77 Billion $5.19 Billion ▲ +73.0 pp
2019 10.1% $3.31 Billion $32.69 Billion $29.37 Billion ▼ -1.0 pp
2018 11.2% $2.97 Billion $26.64 Billion $23.67 Billion ▼ -0.2 pp
2017 11.4% $2.47 Billion $21.78 Billion $19.31 Billion ▼ -1.3 pp
2016 12.7% $2.35 Billion $18.53 Billion $16.19 Billion ▼ -1.1 pp
2015 13.8% $2.10 Billion $15.21 Billion $13.12 Billion ▼ -0.3 pp
2014 14.1% $1.83 Billion $12.97 Billion $11.14 Billion ▲ +10.6 pp
2013 3.5% $5.64 Billion $159.54 Billion $153.90 Billion ▲ +0.7 pp
2012 2.8% $5.07 Billion $181.26 Billion $176.19 Billion ▲ +0.1 pp
2011 2.7% $5.25 Billion $193.34 Billion $188.09 Billion ▲ +0.3 pp
2010 2.4% $5.01 Billion $205.31 Billion $200.29 Billion ▼ -0.7 pp
2009 3.1% $5.28 Billion $169.99 Billion $164.71 Billion ▲ +0.1 pp
2008 3.0% $5.01 Billion $168.77 Billion $163.76 Billion ▼ -0.4 pp
2007 3.4% $5.23 Billion $155.56 Billion $150.33 Billion ▼ -0.4 pp
2006 3.8% $4.37 Billion $116.14 Billion $111.77 Billion ▼ -0.1 pp
2005 3.8% $3.80 Billion $99.34 Billion $95.54 Billion ▲ +0.1 pp
2004 3.8% $3.17 Billion $84.09 Billion $80.92 Billion ▼ -0.3 pp
2003 4.1% $2.63 Billion $64.61 Billion $61.98 Billion ▲ +0.3 pp
2002 3.8% $2.00 Billion $53.18 Billion $51.18 Billion ▲ +0.6 pp
2001 3.2% $1.67 Billion $52.87 Billion $51.20 Billion ▼ -0.2 pp
2000 3.3% $1.63 Billion $48.79 Billion $47.16 Billion ▲ +0.9 pp
1999 2.4% $1.05 Billion $44.02 Billion $42.97 Billion ▲ +0.1 pp
1998 2.3% $867.50 Million $37.21 Billion $36.34 Billion ▲ +0.1 pp
1997 2.2% $888.50 Million $39.83 Billion $38.94 Billion ▲ +0.0 pp
1996 2.2% $1.05 Billion $47.63 Billion $46.58 Billion ▲ +0.0 pp
1995 2.2% $1.08 Billion $50.00 Billion $48.92 Billion ▼ -0.6 pp
1994 2.8% $1.47 Billion $52.96 Billion $51.49 Billion ▲ +0.0 pp
1993 2.8% $1.28 Billion $46.51 Billion $45.23 Billion ▲ +0.1 pp
1992 2.6% $1.22 Billion $46.62 Billion $45.40 Billion ▲ +0.1 pp
1991 2.5% $1.15 Billion $45.32 Billion $44.17 Billion ▼ -0.1 pp
1990 2.7% $1.09 Billion $41.12 Billion $40.03 Billion ▼ -0.3 pp
1989 2.9% $1.04 Billion $35.49 Billion $34.45 Billion
pp = percentage points