Western Midstream Partners LP (WES) — Net Asset Quality Index
Western Midstream Partners LP (WES) has a Net Asset Quality Index of 23.5% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $14.92 Billion minus total liabilities of $11.42 Billion yields net assets of $3.51 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are Western Midstream Partners LP's assets to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Western Midstream Partners LP Net Asset Quality Index Over Time (2006–2025)
This chart shows how Western Midstream Partners LP's Net Asset Quality Index has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the index stands at 23.5%, representing net assets of $3.51 Billion against total assets of $14.92 Billion USD. See Western Midstream Partners LP current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Western Midstream Partners LP (2006–2025)
The table below presents the year-by-year Net Asset Quality Index for Western Midstream Partners LP from 2006 to 2025, covering 20 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 WES market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 27.8% | $4.16 Billion | $15.00 Billion | $10.84 Billion | ▲ +2.1 pp |
| 2024 | 25.7% | $3.38 Billion | $13.14 Billion | $9.77 Billion | ▲ +1.4 pp |
| 2023 | 24.3% | $3.03 Billion | $12.47 Billion | $9.44 Billion | ▼ -3.3 pp |
| 2022 | 27.6% | $3.11 Billion | $11.27 Billion | $8.16 Billion | ▲ +0.1 pp |
| 2021 | 27.5% | $3.10 Billion | $11.27 Billion | $8.18 Billion | ▲ +3.0 pp |
| 2020 | 24.5% | $2.90 Billion | $11.83 Billion | $8.93 Billion | ▼ -2.6 pp |
| 2019 | 27.1% | $3.35 Billion | $12.35 Billion | $9.00 Billion | ▼ -10.8 pp |
| 2018 | 37.9% | $3.50 Billion | $9.24 Billion | $5.73 Billion | ▼ -11.3 pp |
| 2017 | 49.2% | $3.94 Billion | $8.02 Billion | $4.07 Billion | ▼ -3.9 pp |
| 2016 | 53.1% | $4.11 Billion | $7.74 Billion | $3.63 Billion | ▲ +1.1 pp |
| 2015 | 52.0% | $3.49 Billion | $6.71 Billion | $3.22 Billion | ▼ -7.4 pp |
| 2014 | 59.4% | $4.01 Billion | $6.75 Billion | $2.74 Billion | ▼ -1.1 pp |
| 2013 | 60.5% | $2.59 Billion | $4.28 Billion | $1.69 Billion | ▲ +0.7 pp |
| 2012 | 59.8% | $2.08 Billion | $3.48 Billion | $1.40 Billion | ▲ +8.1 pp |
| 2011 | 51.7% | $1.47 Billion | $2.84 Billion | $1.37 Billion | ▲ +12.9 pp |
| 2010 | 38.8% | $685.10 Million | $1.77 Billion | $1.08 Billion | ▼ -16.6 pp |
| 2009 | 55.4% | $600.78 Million | $1.08 Billion | $483.44 Million | ▼ -22.5 pp |
| 2008 | 77.9% | $804.62 Million | $1.03 Billion | $228.53 Million | ▲ +3.2 pp |
| 2007 | 74.7% | $281.32 Million | $376.64 Million | $95.33 Million | ▲ +2.9 pp |
| 2006 | 71.8% | $238.53 Million | $332.23 Million | $93.70 Million | — |