Tennant Company (TNC) — Net Asset Quality Index
Tennant Company (TNC) has a Net Asset Quality Index of 41.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.28 Billion minus total liabilities of $743.60 Million yields net assets of $533.00 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check TNC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tennant Company Net Asset Quality Index Over Time (1985–2025)
This chart shows how Tennant Company's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of March 2026, the index stands at 41.8%, representing net assets of $533.00 Million against total assets of $1.28 Billion USD. See Tennant Company working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tennant Company (1985–2025)
The table below presents the year-by-year Net Asset Quality Index for Tennant Company 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 Tennant Company stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 47.6% | $603.40 Million | $1.27 Billion | $665.50 Million | ▼ -4.7 pp |
| 2024 | 52.3% | $622.10 Million | $1.19 Billion | $568.00 Million | ▲ +0.3 pp |
| 2023 | 51.9% | $578.30 Million | $1.11 Billion | $535.10 Million | ▲ +8.4 pp |
| 2022 | 43.5% | $472.10 Million | $1.09 Billion | $613.00 Million | ▲ +2.5 pp |
| 2021 | 41.0% | $435.10 Million | $1.06 Billion | $626.60 Million | ▲ +3.5 pp |
| 2020 | 37.5% | $406.10 Million | $1.08 Billion | $676.50 Million | ▲ +3.5 pp |
| 2019 | 34.0% | $361.30 Million | $1.06 Billion | $701.60 Million | ▲ +2.1 pp |
| 2018 | 31.9% | $316.35 Million | $992.54 Million | $676.19 Million | ▲ +1.8 pp |
| 2017 | 30.0% | $298.47 Million | $993.98 Million | $695.50 Million | ▼ -29.2 pp |
| 2016 | 59.3% | $278.54 Million | $470.04 Million | $191.49 Million | ▲ +0.9 pp |
| 2015 | 58.3% | $252.21 Million | $432.30 Million | $180.09 Million | ▲ +0.7 pp |
| 2014 | 57.6% | $280.65 Million | $486.93 Million | $206.28 Million | ▼ -0.2 pp |
| 2013 | 57.8% | $263.85 Million | $456.31 Million | $192.46 Million | ▲ +2.0 pp |
| 2012 | 55.9% | $235.05 Million | $420.76 Million | $185.71 Million | ▲ +3.8 pp |
| 2011 | 52.1% | $220.85 Million | $424.26 Million | $203.41 Million | ▼ -1.5 pp |
| 2010 | 53.5% | $216.13 Million | $403.67 Million | $187.53 Million | ▲ +4.8 pp |
| 2009 | 48.8% | $184.28 Million | $377.73 Million | $193.45 Million | ▲ +2.8 pp |
| 2008 | 46.0% | $209.90 Million | $456.60 Million | $246.70 Million | ▼ -20.1 pp |
| 2007 | 66.1% | $252.43 Million | $382.07 Million | $129.64 Million | ▲ +1.2 pp |
| 2006 | 64.8% | $229.66 Million | $354.25 Million | $124.59 Million | ▲ +2.8 pp |
| 2005 | 62.0% | $193.10 Million | $311.47 Million | $118.37 Million | ▲ +1.1 pp |
| 2004 | 60.9% | $174.03 Million | $285.79 Million | $111.76 Million | ▼ -3.1 pp |
| 2003 | 64.0% | $165.62 Million | $258.87 Million | $93.26 Million | ▲ +3.8 pp |
| 2002 | 60.2% | $154.15 Million | $256.24 Million | $102.09 Million | ▼ -2.4 pp |
| 2001 | 62.6% | $154.33 Million | $246.62 Million | $92.29 Million | ▲ +3.7 pp |
| 2000 | 58.9% | $154.95 Million | $263.29 Million | $108.34 Million | ▲ +6.1 pp |
| 1999 | 52.8% | $135.90 Million | $257.50 Million | $121.60 Million | ▼ -2.1 pp |
| 1998 | 54.9% | $131.30 Million | $239.10 Million | $107.80 Million | ▼ -2.4 pp |
| 1997 | 57.3% | $134.10 Million | $233.90 Million | $99.80 Million | ▼ -1.5 pp |
| 1996 | 58.8% | $128.90 Million | $219.20 Million | $90.30 Million | ▲ +5.9 pp |
| 1995 | 52.9% | $114.10 Million | $215.80 Million | $101.70 Million | ▲ +0.2 pp |
| 1994 | 52.7% | $96.30 Million | $182.80 Million | $86.50 Million | ▼ -12.7 pp |
| 1993 | 65.4% | $84.10 Million | $128.60 Million | $44.50 Million | ▼ -0.4 pp |
| 1992 | 65.8% | $84.90 Million | $129.00 Million | $44.10 Million | ▼ -2.8 pp |
| 1991 | 68.6% | $76.60 Million | $111.60 Million | $35.00 Million | ▲ +5.6 pp |
| 1990 | 63.0% | $73.20 Million | $116.20 Million | $43.00 Million | ▼ 0.0 pp |
| 1989 | 63.0% | $74.10 Million | $117.60 Million | $43.50 Million | ▼ -3.2 pp |
| 1988 | 66.2% | $78.00 Million | $117.80 Million | $39.80 Million | ▲ +0.7 pp |
| 1987 | 65.5% | $69.50 Million | $106.10 Million | $36.60 Million | ▼ -3.3 pp |
| 1986 | 68.8% | $65.40 Million | $95.00 Million | $29.60 Million | ▲ +2.1 pp |
| 1985 | 66.7% | $59.90 Million | $89.80 Million | $29.90 Million | — |