Tingo Group Inc. (TIO) — Net Asset Quality Index
Tingo Group Inc. (TIO) has a Net Asset Quality Index of 31.2% as of September 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.93 Billion minus total liabilities of $1.33 Billion yields net assets of $601.32 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check TIO asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tingo Group Inc. Net Asset Quality Index Over Time (2004–2022)
This chart shows how Tingo Group Inc.'s Net Asset Quality Index has evolved across 19 annual periods from 2004 to 2022. As of September 2023, the index stands at 31.2%, representing net assets of $601.32 Million against total assets of $1.93 Billion USD. See how liquid is Tingo Group Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tingo Group Inc. (2004–2022)
The table below presents the year-by-year Net Asset Quality Index for Tingo Group Inc. from 2004 to 2022, covering 19 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 TIO market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 78.8% | $1.33 Billion | $1.68 Billion | $356.32 Million | ▼ -4.3 pp |
| 2021 | 83.1% | $147.72 Million | $177.81 Million | $30.09 Million | ▼ -1.4 pp |
| 2020 | 84.5% | $65.70 Million | $77.73 Million | $12.04 Million | ▲ +29.7 pp |
| 2019 | 54.8% | $3.24 Million | $5.92 Million | $2.67 Million | ▲ +44.9 pp |
| 2018 | 9.9% | $1.00 Million | $10.14 Million | $9.14 Million | ▼ -10.2 pp |
| 2017 | 20.1% | $5.97 Million | $29.73 Million | $23.76 Million | ▼ -14.2 pp |
| 2016 | 34.3% | $10.96 Million | $31.92 Million | $20.96 Million | ▼ -9.2 pp |
| 2015 | 43.5% | $17.46 Million | $40.14 Million | $22.69 Million | ▼ -1.6 pp |
| 2014 | 45.1% | $20.25 Million | $44.93 Million | $24.68 Million | ▼ -14.7 pp |
| 2013 | 59.8% | $25.60 Million | $42.83 Million | $17.23 Million | ▲ +15.3 pp |
| 2012 | 44.5% | $16.87 Million | $37.93 Million | $21.06 Million | ▲ +15.8 pp |
| 2011 | 28.7% | $3.61 Million | $12.58 Million | $8.97 Million | ▼ -14.9 pp |
| 2010 | 43.6% | $4.04 Million | $9.28 Million | $5.24 Million | ▲ +26.0 pp |
| 2009 | 17.6% | $1.50 Million | $8.49 Million | $7.00 Million | ▲ +1.2 pp |
| 2008 | 16.4% | $1.69 Million | $10.27 Million | $8.58 Million | ▲ +0.2 pp |
| 2007 | 16.2% | $1.58 Million | $9.74 Million | $8.16 Million | ▲ +1.5 pp |
| 2006 | 14.7% | $1.23 Million | $8.37 Million | $7.14 Million | ▼ -3.5 pp |
| 2005 | 18.2% | $1.26 Million | $6.93 Million | $5.67 Million | ▼ -4.3 pp |
| 2004 | 22.5% | $1.39 Million | $6.17 Million | $4.79 Million | — |