The Gap, Inc. (GAP) — Net Asset Quality Index
The Gap, Inc. (GAP) has a Net Asset Quality Index of 30.1% as of April 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $12.14 Billion minus total liabilities of $8.48 Billion yields net assets of $3.65 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read GAP total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
The Gap, Inc. Net Asset Quality Index Over Time (1986–2026)
This chart shows how The Gap, Inc.'s Net Asset Quality Index has evolved across 40 annual periods from 1986 to 2026. As of April 2026, the index stands at 30.1%, representing net assets of $3.65 Billion against total assets of $12.14 Billion USD. For live market cap and overall valuation, see The Gap, Inc. stock valuation.
Annual Net Asset Quality Index for The Gap, Inc. (1986–2026)
The table below presents the year-by-year Net Asset Quality Index for The Gap, Inc. from 1986 to 2026, covering 40 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 GAP PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 30.1% | $3.80 Billion | $12.63 Billion | $8.83 Billion | ▲ +2.6 pp |
| 2025 | 27.5% | $3.26 Billion | $11.88 Billion | $8.62 Billion | ▲ +4.0 pp |
| 2024 | 23.5% | $2.60 Billion | $11.04 Billion | $8.45 Billion | ▲ +3.9 pp |
| 2023 | 19.6% | $2.23 Billion | $11.39 Billion | $9.15 Billion | ▼ -1.7 pp |
| 2022 | 21.3% | $2.72 Billion | $12.76 Billion | $10.04 Billion | ▲ +2.3 pp |
| 2021 | 19.0% | $2.61 Billion | $13.77 Billion | $11.15 Billion | ▼ -5.3 pp |
| 2020 | 24.2% | $3.32 Billion | $13.68 Billion | $10.36 Billion | ▼ -19.9 pp |
| 2019 | 44.1% | $3.55 Billion | $8.05 Billion | $4.50 Billion | ▲ +4.8 pp |
| 2018 | 39.4% | $3.14 Billion | $7.99 Billion | $4.84 Billion | ▲ +1.2 pp |
| 2017 | 38.2% | $2.90 Billion | $7.61 Billion | $4.71 Billion | ▲ +4.1 pp |
| 2016 | 34.1% | $2.54 Billion | $7.47 Billion | $4.93 Billion | ▼ -4.7 pp |
| 2015 | 38.8% | $2.98 Billion | $7.69 Billion | $4.71 Billion | ▼ -0.2 pp |
| 2014 | 39.0% | $3.06 Billion | $7.85 Billion | $4.79 Billion | ▲ +0.3 pp |
| 2013 | 38.7% | $2.89 Billion | $7.47 Billion | $4.58 Billion | ▲ +1.6 pp |
| 2012 | 37.1% | $2.75 Billion | $7.42 Billion | $4.67 Billion | ▼ -20.6 pp |
| 2011 | 57.7% | $4.08 Billion | $7.07 Billion | $2.98 Billion | ▼ -3.5 pp |
| 2010 | 61.3% | $4.89 Billion | $7.99 Billion | $3.09 Billion | ▲ +3.3 pp |
| 2009 | 58.0% | $4.39 Billion | $7.56 Billion | $3.18 Billion | ▲ +3.5 pp |
| 2008 | 54.5% | $4.27 Billion | $7.84 Billion | $3.56 Billion | ▼ -6.0 pp |
| 2007 | 60.6% | $5.17 Billion | $8.54 Billion | $3.37 Billion | ▼ -0.9 pp |
| 2006 | 61.5% | $5.42 Billion | $8.82 Billion | $3.40 Billion | ▲ +12.4 pp |
| 2005 | 49.1% | $4.94 Billion | $10.05 Billion | $5.11 Billion | ▲ +2.9 pp |
| 2004 | 46.2% | $4.78 Billion | $10.34 Billion | $5.56 Billion | ▲ +9.3 pp |
| 2003 | 36.9% | $3.66 Billion | $9.90 Billion | $6.24 Billion | ▼ -4.8 pp |
| 2001 | 41.8% | $2.93 Billion | $7.01 Billion | $4.08 Billion | ▼ -1.3 pp |
| 2000 | 43.0% | $2.23 Billion | $5.19 Billion | $2.96 Billion | ▲ +3.3 pp |
| 1999 | 39.7% | $1.57 Billion | $3.96 Billion | $2.39 Billion | ▼ -7.8 pp |
| 1998 | 47.5% | $1.58 Billion | $3.34 Billion | $1.75 Billion | ▼ -15.5 pp |
| 1997 | 63.0% | $1.65 Billion | $2.63 Billion | $972.40 Million | ▼ -7.0 pp |
| 1996 | 70.0% | $1.64 Billion | $2.34 Billion | $702.60 Million | ▲ +1.4 pp |
| 1995 | 68.6% | $1.38 Billion | $2.00 Billion | $629.00 Million | ▲ +4.7 pp |
| 1994 | 63.9% | $1.13 Billion | $1.76 Billion | $636.60 Million | ▼ -0.5 pp |
| 1993 | 64.4% | $887.80 Million | $1.38 Billion | $491.40 Million | ▲ +5.3 pp |
| 1992 | 59.1% | $677.80 Million | $1.15 Billion | $469.60 Million | ▼ -0.9 pp |
| 1991 | 59.9% | $465.70 Million | $776.90 Million | $311.20 Million | ▲ +1.6 pp |
| 1990 | 58.3% | $338.00 Million | $579.50 Million | $241.50 Million | ▲ +0.9 pp |
| 1989 | 57.5% | $276.40 Million | $481.10 Million | $204.70 Million | ▼ -5.4 pp |
| 1988 | 62.9% | $272.90 Million | $434.20 Million | $161.30 Million | ▲ +4.6 pp |
| 1987 | 58.3% | $212.00 Million | $363.90 Million | $151.90 Million | ▲ +2.5 pp |
| 1986 | 55.8% | $151.60 Million | $271.70 Million | $120.10 Million | — |