TPI Composites Inc (TPIC) — Net Asset Quality Index
TPI Composites Inc (TPIC) has a Net Asset Quality Index of -82.0% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $591.71 Million minus total liabilities of $1.08 Billion yields net assets of $-485.44 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read TPI Composites Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
TPI Composites Inc Net Asset Quality Index Over Time (2012–2024)
This chart shows how TPI Composites Inc's Net Asset Quality Index has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the index stands at -82.0%, representing net assets of $-485.44 Million against total assets of $591.71 Million USD. For live market cap and overall valuation, see TPI Composites Inc market cap and net worth.
Annual Net Asset Quality Index for TPI Composites Inc (2012–2024)
The table below presents the year-by-year Net Asset Quality Index for TPI Composites Inc from 2012 to 2024, covering 13 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 TPIC strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -53.9% | $-373.24 Million | $692.46 Million | $1.07 Billion | ▼ -38.7 pp |
| 2023 | -15.2% | $-122.30 Million | $804.08 Million | $926.38 Million | ▼ -20.5 pp |
| 2022 | 5.2% | $50.49 Million | $962.18 Million | $911.69 Million | ▼ -19.7 pp |
| 2021 | 24.9% | $250.97 Million | $1.01 Billion | $756.73 Million | ▲ +3.9 pp |
| 2020 | 21.0% | $201.03 Million | $956.26 Million | $755.22 Million | ▼ -3.8 pp |
| 2019 | 24.8% | $205.05 Million | $826.68 Million | $621.63 Million | ▼ -11.7 pp |
| 2018 | 36.5% | $220.96 Million | $604.86 Million | $383.90 Million | ▲ +8.5 pp |
| 2017 | 28.0% | $160.62 Million | $573.53 Million | $412.92 Million | ▲ +3.6 pp |
| 2016 | 24.4% | $106.51 Million | $437.21 Million | $330.70 Million | ▲ +81.6 pp |
| 2015 | -57.2% | $-191.20 Million | $334.14 Million | $525.34 Million | ▲ +10.1 pp |
| 2014 | -67.3% | $-187.09 Million | $277.96 Million | $465.05 Million | ▼ -63.3 pp |
| 2013 | -4.0% | $-5.10 Million | $127.50 Million | $132.60 Million | ▼ -10.9 pp |
| 2012 | 6.9% | $5.70 Million | $82.40 Million | $76.70 Million | — |