Thales S.A. Net Asset Quality Index
Thales S.A. net asset quality index. Thales S.A. (HO) has a Net Asset Quality Index of 18.4% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €38.89 Billion minus total liabilities of €31.72 Billion yields net assets of €7.17 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check HO operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Thales S.A. (2001–2024)
Net asset quality index of Thales S.A. from 2001 to 2024. This chart shows how Thales S.A.'s Net Asset Quality Index has evolved across 24 annual periods from 2001 to 2024. As of June 2025, the index stands at 18.4%, representing net assets of €7.17 Billion against total assets of €38.89 Billion EUR. See Thales S.A. shareholders equity for net asset value and shareholders' equity analysis.
Thales S.A. Net Asset Quality Index by Year (2001–2024)
Thales S.A. net asset quality index by year from 2001 to 2024. The table below presents the year-by-year Net Asset Quality Index for Thales S.A. from 2001 to 2024, covering 24 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 Thales S.A. (HO) market capitalisation.
| Year | Quality Index | Net Assets (EUR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 18.9% | €7.56 Billion | €39.99 Billion | €32.43 Billion | ▲ +0.9 pp |
| 2023 | 18.0% | €6.97 Billion | €38.79 Billion | €31.82 Billion | ▼ -3.5 pp |
| 2022 | 21.4% | €7.38 Billion | €34.42 Billion | €27.04 Billion | ▲ +1.0 pp |
| 2021 | 20.5% | €6.72 Billion | €32.84 Billion | €26.12 Billion | ▲ +3.8 pp |
| 2020 | 16.7% | €5.31 Billion | €31.81 Billion | €26.50 Billion | ▼ -1.5 pp |
| 2019 | 18.2% | €5.68 Billion | €31.22 Billion | €25.54 Billion | ▼ -5.0 pp |
| 2018 | 23.2% | €5.92 Billion | €25.51 Billion | €19.58 Billion | ▼ -0.6 pp |
| 2017 | 23.8% | €5.56 Billion | €23.33 Billion | €17.78 Billion | ▲ +2.4 pp |
| 2016 | 21.4% | €4.87 Billion | €22.69 Billion | €17.82 Billion | ▼ -1.5 pp |
| 2015 | 22.9% | €4.94 Billion | €21.56 Billion | €16.62 Billion | ▲ +2.6 pp |
| 2014 | 20.4% | €4.07 Billion | €19.99 Billion | €15.92 Billion | ▲ +2.0 pp |
| 2013 | 18.3% | €3.94 Billion | €21.49 Billion | €17.55 Billion | ▼ -3.2 pp |
| 2012 | 21.5% | €4.59 Billion | €21.33 Billion | €16.75 Billion | ▲ +1.9 pp |
| 2011 | 19.6% | €4.13 Billion | €21.08 Billion | €16.95 Billion | ▲ +0.2 pp |
| 2010 | 19.4% | €3.68 Billion | €19.02 Billion | €15.34 Billion | ▼ -1.5 pp |
| 2009 | 20.8% | €3.75 Billion | €18.01 Billion | €14.25 Billion | ▼ -1.2 pp |
| 2008 | 22.0% | €3.95 Billion | €17.94 Billion | €13.98 Billion | ▲ +0.1 pp |
| 2007 | 21.9% | €3.88 Billion | €17.70 Billion | €13.82 Billion | ▲ +6.7 pp |
| 2006 | 15.3% | €2.29 Billion | €15.02 Billion | €12.73 Billion | ▲ +0.1 pp |
| 2005 | 15.1% | €2.10 Billion | €13.89 Billion | €11.78 Billion | ▲ +3.3 pp |
| 2004 | 11.9% | €1.60 Billion | €13.50 Billion | €11.90 Billion | ▲ +0.6 pp |
| 2003 | 11.2% | €2.06 Billion | €18.35 Billion | €16.29 Billion | ▼ -0.7 pp |
| 2002 | 11.9% | €2.17 Billion | €18.21 Billion | €16.04 Billion | ▲ +0.7 pp |
| 2001 | 11.2% | €2.17 Billion | €19.35 Billion | €17.18 Billion | — |