Empire Petroleum Corp (EP) — Net Asset Quality Index
Empire Petroleum Corp (EP) has a Net Asset Quality Index of 43.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $122.99 Million minus total liabilities of $69.33 Million yields net assets of $53.66 Million. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Empire Petroleum Corp to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Empire Petroleum Corp Net Asset Quality Index Over Time (1999–2024)
This chart shows how Empire Petroleum Corp's Net Asset Quality Index has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the index stands at 43.6%, representing net assets of $53.66 Million against total assets of $122.99 Million USD. Explore Empire Petroleum Corp (EP) cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Empire Petroleum Corp (1999–2024)
The table below presents the year-by-year Net Asset Quality Index for Empire Petroleum Corp from 1999 to 2024, covering 26 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 EP market cap.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 50.7% | $62.77 Million | $123.87 Million | $61.10 Million | ▲ +12.9 pp |
| 2023 | 37.7% | $34.96 Million | $92.62 Million | $57.66 Million | ▲ +5.3 pp |
| 2022 | 32.5% | $23.24 Million | $71.55 Million | $48.31 Million | ▲ +12.8 pp |
| 2021 | 19.6% | $9.83 Million | $50.09 Million | $40.26 Million | ▲ +183.6 pp |
| 2020 | -163.9% | $-18.44 Million | $11.25 Million | $29.69 Million | ▼ -119.1 pp |
| 2019 | -44.8% | $-4.94 Million | $11.01 Million | $15.95 Million | ▼ -37.3 pp |
| 2018 | -7.5% | $-150.18K | $2.00 Million | $2.15 Million | ▼ -41.5 pp |
| 2017 | 33.9% | $128.19K | $377.78K | $249.59K | ▼ -44.8 pp |
| 2016 | 78.7% | $301.38K | $382.74K | $81.36K | ▼ -17.2 pp |
| 2015 | 95.9% | $191.41K | $199.58K | $8.18K | ▲ +274.0 pp |
| 2014 | -178.0% | $-146.00 | $82.00 | $228.00 | ▼ -237.7 pp |
| 2013 | 59.7% | $136.44K | $228.59K | $92.15K | ▼ -37.2 pp |
| 2012 | 96.9% | $314.26K | $324.40K | $10.13K | ▲ +31.0 pp |
| 2011 | 65.9% | $215.44K | $326.93K | $111.49K | ▲ +5.4 pp |
| 2010 | 60.5% | $228.09K | $377.15K | $149.06K | ▼ -37.4 pp |
| 2009 | 97.9% | $2.09 Million | $2.14 Million | $44.78K | ▲ +4.3 pp |
| 2008 | 93.6% | $1.04 Million | $1.12 Million | $71.59K | ▲ +17.7 pp |
| 2007 | 75.9% | $1.11 Million | $1.46 Million | $352.17K | ▲ +2.1 pp |
| 2006 | 73.8% | $1.44 Million | $1.95 Million | $510.32K | ▲ +43.4 pp |
| 2005 | 30.4% | $227.02K | $746.75K | $519.73K | ▲ +45.8 pp |
| 2004 | -15.4% | $-83.03K | $539.72K | $622.75K | ▼ -32.1 pp |
| 2003 | 16.7% | $95.72K | $572.44K | $476.73K | ▲ +32.2 pp |
| 2002 | -15.5% | $-94.63K | $611.93K | $706.56K | ▼ -88.9 pp |
| 2001 | 73.5% | $5.41 Million | $7.36 Million | $1.95 Million | ▲ +13.5 pp |
| 2000 | 59.9% | $565.15K | $942.94K | $377.78K | ▼ -8.5 pp |
| 1999 | 68.5% | $526.19 Million | $768.64 Million | $242.46 Million | — |