Northern Oil & Gas Inc (NOG) — Net Asset Quality Index
Northern Oil & Gas Inc (NOG) has a Net Asset Quality Index of 32.4% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $5.51 Billion minus total liabilities of $3.73 Billion yields net assets of $1.78 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check NOG asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Northern Oil & Gas Inc Net Asset Quality Index Over Time (2007–2025)
This chart shows how Northern Oil & Gas Inc's Net Asset Quality Index has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the index stands at 32.4%, representing net assets of $1.78 Billion against total assets of $5.51 Billion USD. See Northern Oil & Gas Inc (NOG) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Northern Oil & Gas Inc (2007–2025)
The table below presents the year-by-year Net Asset Quality Index for Northern Oil & Gas Inc from 2007 to 2025, covering 19 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 Northern Oil & Gas Inc market cap and net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 39.3% | $2.13 Billion | $5.41 Billion | $3.28 Billion | ▼ -2.1 pp |
| 2024 | 41.4% | $2.32 Billion | $5.60 Billion | $3.28 Billion | ▼ -4.3 pp |
| 2023 | 45.7% | $2.05 Billion | $4.48 Billion | $2.44 Billion | ▲ +19.7 pp |
| 2022 | 25.9% | $745.26 Million | $2.88 Billion | $2.13 Billion | ▲ +11.8 pp |
| 2021 | 14.1% | $215.13 Million | $1.52 Billion | $1.31 Billion | ▲ +39.7 pp |
| 2020 | -25.6% | $-223.30 Million | $872.09 Million | $1.10 Billion | ▼ -54.9 pp |
| 2019 | 29.3% | $558.64 Million | $1.91 Billion | $1.35 Billion | ▲ +0.7 pp |
| 2018 | 28.6% | $429.86 Million | $1.50 Billion | $1.07 Billion | ▲ +106.2 pp |
| 2017 | -77.6% | $-490.84 Million | $632.25 Million | $1.12 Billion | ▲ +35.3 pp |
| 2016 | -113.0% | $-487.42 Million | $431.53 Million | $918.95 Million | ▼ -86.0 pp |
| 2015 | -26.9% | $-197.60 Million | $733.95 Million | $931.55 Million | ▼ -65.0 pp |
| 2014 | 38.0% | $770.86 Million | $2.03 Billion | $1.26 Billion | ▼ -2.8 pp |
| 2013 | 40.8% | $619.83 Million | $1.52 Billion | $899.77 Million | ▼ -8.4 pp |
| 2012 | 49.2% | $586.19 Million | $1.19 Billion | $604.75 Million | ▼ -19.2 pp |
| 2011 | 68.4% | $496.57 Million | $725.59 Million | $229.02 Million | ▼ -17.0 pp |
| 2010 | 85.4% | $435.36 Million | $509.69 Million | $74.33 Million | ▼ -5.7 pp |
| 2009 | 91.1% | $123.56 Million | $135.59 Million | $12.04 Million | ▲ +12.5 pp |
| 2008 | 78.7% | $49.46 Million | $62.88 Million | $13.41 Million | ▼ -20.1 pp |
| 2007 | 98.8% | $17.91 Million | $18.13 Million | $224.25K | — |