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. For live market cap and overall valuation, see TIO stock market capitalisation.
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 TIO net assets for net asset value and shareholders' equity analysis.
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. Check Tingo Group Inc. PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
| 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 | — |