Galileo Tech Ltd (GLTC) — Net Asset Quality Index
Galileo Tech Ltd (GLTC) has a Net Asset Quality Index of -1619.9% as of December 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ILA216.00K minus total liabilities of ILA3.71 Million yields net assets of ILA-3.50 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore balance sheet size of Galileo Tech Ltd for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Galileo Tech Ltd Net Asset Quality Index Over Time (2015–2023)
This chart shows how Galileo Tech Ltd's Net Asset Quality Index has evolved across 9 annual periods from 2015 to 2023. As of December 2023, the index stands at -1619.9%, representing net assets of ILA-3.50 Million against total assets of ILA216.00K ILA. See GLTC working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Galileo Tech Ltd (2015–2023)
The table below presents the year-by-year Net Asset Quality Index for Galileo Tech Ltd from 2015 to 2023, covering 9 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 market value of Galileo Tech Ltd.
| Year | Quality Index | Net Assets (ILA) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -1619.9% | ILA-3.50 Million | ILA216.00K | ILA3.71 Million | ▼ -1685.4 pp |
| 2022 | 65.5% | ILA4.98 Million | ILA7.60 Million | ILA2.62 Million | ▼ -17.1 pp |
| 2021 | 82.6% | ILA16.59 Million | ILA20.09 Million | ILA3.50 Million | ▲ +236.2 pp |
| 2020 | -153.6% | ILA-1.69 Million | ILA1.10 Million | ILA2.79 Million | ▲ +69.2 pp |
| 2019 | -222.8% | ILA-2.95 Million | ILA1.32 Million | ILA4.27 Million | ▲ +560.8 pp |
| 2018 | -783.6% | ILA-431.00K | ILA55.00K | ILA486.00K | ▲ +1326.3 pp |
| 2017 | -2109.9% | ILA-21.31 Million | ILA1.01 Million | ILA22.32 Million | ▼ -51.4 pp |
| 2016 | -2058.5% | ILA-20.81 Million | ILA1.01 Million | ILA21.82 Million | ▼ -1810.0 pp |
| 2015 | -248.5% | ILA-14.81 Million | ILA5.96 Million | ILA20.77 Million | — |