Tennant Company Net Asset Quality Index

Latest as of June 2026: 42.1%

Tennant Company net asset quality index. Tennant Company (TNC) has a Net Asset Quality Index of 42.1% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.27 Billion minus total liabilities of $735.60 Million yields net assets of $535.20 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Tennant Company shareholders equity for net asset value and shareholders' equity analysis.

Quality Index

42.1%
Equity / Total Assets

Net Assets

$535.20 Million
USD

Total Assets

$1.27 Billion
USD

Total Liabilities

$735.60 Million
USD

Net Asset Quality Index of Tennant Company (1985–2025)

Net asset quality index of Tennant Company from 1985 to 2025. This chart shows how Tennant Company's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the index stands at 42.1%, representing net assets of $535.20 Million against total assets of $1.27 Billion USD. Check TNC capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Tennant Company Net Asset Quality Index by Year (1985–2025)

Tennant Company net asset quality index by year from 1985 to 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 live market cap and overall valuation, see TNC company net worth.

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 —
pp = percentage points