HOV Services Limited (HOVS) — Net Asset Quality Index
HOV Services Limited (HOVS) has a Net Asset Quality Index of 60.9% as of March 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs395.31 Million minus total liabilities of Rs154.74 Million yields net assets of Rs240.57 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check HOVS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
HOV Services Limited Net Asset Quality Index Over Time (2005–2025)
This chart shows how HOV Services Limited's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2025. As of March 2025, the index stands at 60.9%, representing net assets of Rs240.57 Million against total assets of Rs395.31 Million INR. See HOVS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for HOV Services Limited (2005–2025)
The table below presents the year-by-year Net Asset Quality Index for HOV Services Limited from 2005 to 2025, 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 HOV Services Limited stock valuation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 60.9% | Rs240.57 Million | Rs395.31 Million | Rs154.74 Million | ▼ -3.1 pp |
| 2024 | 64.0% | Rs228.42 Million | Rs356.88 Million | Rs128.46 Million | ▲ +4.0 pp |
| 2023 | 60.0% | Rs225.90 Million | Rs376.66 Million | Rs150.76 Million | ▼ -6.2 pp |
| 2022 | 66.2% | Rs299.51 Million | Rs452.73 Million | Rs153.22 Million | ▼ -15.9 pp |
| 2021 | 82.0% | Rs959.37 Million | Rs1.17 Billion | Rs210.48 Million | ▲ +16.7 pp |
| 2020 | 65.3% | Rs337.34 Million | Rs516.65 Million | Rs179.30 Million | ▼ -7.5 pp |
| 2019 | 72.8% | Rs4.44 Billion | Rs6.10 Billion | Rs1.66 Billion | ▲ +1.9 pp |
| 2018 | 70.8% | Rs7.16 Billion | Rs10.11 Billion | Rs2.95 Billion | ▲ +5.9 pp |
| 2017 | 64.9% | Rs340.32 Million | Rs524.51 Million | Rs184.19 Million | ▼ -29.4 pp |
| 2016 | 94.3% | Rs3.37 Billion | Rs3.58 Billion | Rs202.80 Million | ▼ -2.3 pp |
| 2015 | 96.7% | Rs5.78 Billion | Rs5.98 Billion | Rs200.10 Million | ▲ +5.2 pp |
| 2014 | 91.5% | Rs1.69 Billion | Rs1.85 Billion | Rs157.52 Million | ▼ -0.5 pp |
| 2013 | 92.0% | Rs2.15 Billion | Rs2.34 Billion | Rs188.11 Million | ▼ -3.1 pp |
| 2012 | 95.1% | Rs2.12 Billion | Rs2.23 Billion | Rs109.81 Million | ▲ +57.7 pp |
| 2011 | 37.4% | Rs3.97 Billion | Rs10.62 Billion | Rs6.65 Billion | ▲ +1.2 pp |
| 2010 | 36.2% | Rs3.70 Billion | Rs10.20 Billion | Rs6.51 Billion | ▼ -2.2 pp |
| 2009 | 38.4% | Rs5.41 Billion | Rs14.08 Billion | Rs8.67 Billion | ▼ -3.6 pp |
| 2008 | 42.0% | Rs4.97 Billion | Rs11.85 Billion | Rs6.88 Billion | ▲ +4.7 pp |
| 2007 | 37.3% | Rs3.95 Billion | Rs10.57 Billion | Rs6.63 Billion | ▼ -23.3 pp |
| 2006 | 60.6% | Rs787.65 Million | Rs1.30 Billion | Rs512.01 Million | ▼ -6.6 pp |
| 2005 | 67.2% | Rs705.93 Million | Rs1.05 Billion | Rs344.18 Million | — |