Air Products and Chemicals Inc (APD) — Net Asset Quality Index

Latest as of December 2025: 43.3%

Air Products and Chemicals Inc (APD) has a Net Asset Quality Index of 43.3% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $41.24 Billion minus total liabilities of $23.40 Billion yields net assets of $17.84 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of Air Products and Chemicals Inc to evaluate the company's liquid asset resilience ratio.

Quality Index

43.3%
Equity / Total Assets

Net Assets

$17.84 Billion
USD

Total Assets

$41.24 Billion
USD

Total Liabilities

$23.40 Billion
USD

Air Products and Chemicals Inc Net Asset Quality Index Over Time (1985–2025)

This chart shows how Air Products and Chemicals Inc's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the index stands at 43.3%, representing net assets of $17.84 Billion against total assets of $41.24 Billion USD. See how liquid is Air Products and Chemicals Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Air Products and Chemicals Inc (1985–2025)

The table below presents the year-by-year Net Asset Quality Index for Air Products and Chemicals Inc from 1985 to 2025, covering 41 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 how much is Air Products and Chemicals Inc worth.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 42.3% $17.35 Billion $41.06 Billion $23.71 Billion ▼ -4.9 pp
2024 47.2% $18.67 Billion $39.57 Billion $20.90 Billion ▼ -1.7 pp
2023 48.9% $15.66 Billion $32.00 Billion $16.34 Billion ▼ -1.5 pp
2022 50.4% $13.70 Billion $27.19 Billion $13.49 Billion ▼ -2.1 pp
2021 52.5% $14.09 Billion $26.86 Billion $12.77 Billion ▲ +3.0 pp
2020 49.4% $12.44 Billion $25.17 Billion $12.73 Billion ▼ -10.7 pp
2019 60.1% $11.39 Billion $18.94 Billion $7.55 Billion ▲ +1.8 pp
2018 58.3% $11.18 Billion $19.18 Billion $8.00 Billion ▲ +3.1 pp
2017 55.2% $10.19 Billion $18.47 Billion $8.28 Billion ▲ +15.1 pp
2016 40.0% $7.21 Billion $18.03 Billion $10.82 Billion ▼ -2.6 pp
2015 42.6% $7.38 Billion $17.33 Billion $9.95 Billion ▲ +0.3 pp
2014 42.3% $7.52 Billion $17.78 Billion $10.26 Billion ▲ +2.0 pp
2013 40.3% $7.20 Billion $17.85 Billion $10.65 Billion ▲ +1.2 pp
2012 39.1% $6.62 Billion $16.94 Billion $10.32 Billion ▼ -2.5 pp
2011 41.6% $5.94 Billion $14.29 Billion $8.35 Billion ▼ -0.7 pp
2010 42.3% $5.70 Billion $13.49 Billion $7.79 Billion ▲ +4.4 pp
2009 37.8% $4.93 Billion $13.03 Billion $8.10 Billion ▼ -3.3 pp
2008 41.1% $5.17 Billion $12.57 Billion $7.40 Billion ▼ -3.7 pp
2007 44.8% $5.67 Billion $12.66 Billion $6.99 Billion ▼ -0.8 pp
2006 45.6% $5.10 Billion $11.18 Billion $6.08 Billion ▲ +0.2 pp
2005 45.4% $4.73 Billion $10.41 Billion $5.68 Billion ▼ -0.5 pp
2004 45.9% $4.61 Billion $10.04 Billion $5.43 Billion ▲ +4.3 pp
2003 41.7% $3.93 Billion $9.43 Billion $5.50 Billion ▼ -1.2 pp
2002 42.9% $3.64 Billion $8.49 Billion $4.85 Billion ▲ +3.0 pp
2001 39.9% $3.22 Billion $8.08 Billion $4.86 Billion ▲ +4.4 pp
2000 35.5% $2.94 Billion $8.27 Billion $5.33 Billion ▼ -2.0 pp
1999 37.5% $3.09 Billion $8.24 Billion $5.15 Billion ▲ +1.9 pp
1998 35.6% $2.67 Billion $7.49 Billion $4.82 Billion ▼ -0.9 pp
1997 36.6% $2.65 Billion $7.24 Billion $4.60 Billion ▼ -2.9 pp
1996 39.5% $2.57 Billion $6.52 Billion $3.95 Billion ▼ -1.8 pp
1995 41.2% $2.40 Billion $5.82 Billion $3.42 Billion ▼ -2.6 pp
1994 43.8% $2.21 Billion $5.04 Billion $2.83 Billion ▼ -0.3 pp
1993 44.1% $2.10 Billion $4.76 Billion $2.66 Billion ▼ -2.6 pp
1992 46.7% $2.10 Billion $4.49 Billion $2.39 Billion ▲ +3.1 pp
1991 43.6% $1.84 Billion $4.23 Billion $2.39 Billion ▲ +0.3 pp
1990 43.3% $1.69 Billion $3.90 Billion $2.21 Billion ▲ +0.4 pp
1989 42.9% $1.44 Billion $3.37 Billion $1.92 Billion ▲ +0.5 pp
1988 42.4% $1.27 Billion $3.00 Billion $1.73 Billion ▼ 0.0 pp
1987 42.4% $1.15 Billion $2.70 Billion $1.56 Billion ▲ +1.8 pp
1986 40.7% $1.10 Billion $2.71 Billion $1.61 Billion ▼ -4.2 pp
1985 44.8% $1.16 Billion $2.59 Billion $1.43 Billion
pp = percentage points