HLE Glascoat Limited (HLEGLAS) — Net Asset Quality Index
HLE Glascoat Limited (HLEGLAS) has a Net Asset Quality Index of 44.7% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs13.82 Billion minus total liabilities of Rs7.64 Billion yields net assets of Rs6.18 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See HLE Glascoat Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
HLE Glascoat Limited Net Asset Quality Index Over Time (2006–2026)
This chart shows how HLE Glascoat Limited's Net Asset Quality Index has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the index stands at 44.7%, representing net assets of Rs6.18 Billion against total assets of Rs13.82 Billion INR. Explore HLEGLAS cash flow metrics to assess how effectively this company generates cash.
Annual Net Asset Quality Index for HLE Glascoat Limited (2006–2026)
The table below presents the year-by-year Net Asset Quality Index for HLE Glascoat Limited from 2006 to 2026, covering 21 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 market value of HLE Glascoat Limited.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 44.7% | Rs6.18 Billion | Rs13.82 Billion | Rs7.64 Billion | ▲ +1.9 pp |
| 2025 | 42.9% | Rs5.54 Billion | Rs12.93 Billion | Rs7.39 Billion | ▲ +1.5 pp |
| 2024 | 41.3% | Rs4.97 Billion | Rs12.02 Billion | Rs7.05 Billion | ▲ +4.7 pp |
| 2023 | 36.7% | Rs3.27 Billion | Rs8.91 Billion | Rs5.64 Billion | ▲ +3.3 pp |
| 2022 | 33.4% | Rs2.54 Billion | Rs7.60 Billion | Rs5.07 Billion | ▼ -2.4 pp |
| 2021 | 35.7% | Rs1.35 Billion | Rs3.77 Billion | Rs2.42 Billion | ▲ +12.7 pp |
| 2020 | 23.1% | Rs773.74 Million | Rs3.35 Billion | Rs2.58 Billion | ▼ -18.5 pp |
| 2019 | 41.5% | Rs565.84 Million | Rs1.36 Billion | Rs796.55 Million | ▼ -11.5 pp |
| 2018 | 53.0% | Rs514.77 Million | Rs971.25 Million | Rs456.48 Million | ▲ +4.3 pp |
| 2017 | 48.7% | Rs458.69 Million | Rs941.37 Million | Rs482.68 Million | ▲ +15.4 pp |
| 2016 | 33.3% | Rs264.60 Million | Rs795.13 Million | Rs530.53 Million | ▲ +5.0 pp |
| 2015 | 28.3% | Rs236.30 Million | Rs836.43 Million | Rs600.12 Million | ▼ -2.8 pp |
| 2014 | 31.1% | Rs226.47 Million | Rs728.50 Million | Rs502.04 Million | ▲ +1.6 pp |
| 2013 | 29.5% | Rs202.97 Million | Rs687.87 Million | Rs484.90 Million | ▲ +3.5 pp |
| 2012 | 26.0% | Rs179.67 Million | Rs690.91 Million | Rs511.23 Million | ▲ +1.3 pp |
| 2011 | 24.7% | Rs164.38 Million | Rs664.29 Million | Rs499.91 Million | ▼ -6.3 pp |
| 2010 | 31.0% | Rs148.93 Million | Rs479.85 Million | Rs330.92 Million | ▲ +0.2 pp |
| 2009 | 30.9% | Rs134.86 Million | Rs436.84 Million | Rs301.97 Million | ▲ +0.5 pp |
| 2008 | 30.4% | Rs124.29 Million | Rs408.81 Million | Rs284.52 Million | ▲ +2.2 pp |
| 2007 | 28.2% | Rs106.59 Million | Rs378.14 Million | Rs271.55 Million | ▼ -0.9 pp |
| 2006 | 29.1% | Rs97.75 Million | Rs335.87 Million | Rs238.12 Million | — |