Advantage Oil & Gas Ltd. (AAV) — Net Asset Quality Index
Advantage Oil & Gas Ltd. (AAV) has a Net Asset Quality Index of 55.4% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$3.03 Billion minus total liabilities of CA$1.35 Billion yields net assets of CA$1.68 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Advantage Oil & Gas Ltd. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Advantage Oil & Gas Ltd. Net Asset Quality Index Over Time (1985–2024)
This chart shows how Advantage Oil & Gas Ltd.'s Net Asset Quality Index has evolved across 37 annual periods from 1985 to 2024. As of September 2025, the index stands at 55.4%, representing net assets of CA$1.68 Billion against total assets of CA$3.03 Billion CAD. See Advantage Oil & Gas Ltd. (AAV) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Advantage Oil & Gas Ltd. (1985–2024)
The table below presents the year-by-year Net Asset Quality Index for Advantage Oil & Gas Ltd. from 1985 to 2024, covering 37 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 cap of Advantage Oil & Gas Ltd..
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 55.5% | CA$1.63 Billion | CA$2.95 Billion | CA$1.31 Billion | ▼ -12.2 pp |
| 2023 | 67.7% | CA$1.56 Billion | CA$2.30 Billion | CA$742.63 Million | ▼ -2.9 pp |
| 2022 | 70.6% | CA$1.56 Billion | CA$2.22 Billion | CA$652.28 Million | ▼ -2.6 pp |
| 2021 | 73.2% | CA$1.46 Billion | CA$1.99 Billion | CA$534.87 Million | ▲ +5.4 pp |
| 2020 | 67.8% | CA$1.04 Billion | CA$1.53 Billion | CA$493.55 Million | ▼ -4.6 pp |
| 2019 | 72.4% | CA$1.32 Billion | CA$1.82 Billion | CA$502.36 Million | ▼ -2.8 pp |
| 2018 | 75.2% | CA$1.33 Billion | CA$1.77 Billion | CA$439.00 Million | ▼ -2.3 pp |
| 2017 | 77.6% | CA$1.31 Billion | CA$1.69 Billion | CA$379.51 Million | ▼ -3.2 pp |
| 2016 | 80.7% | CA$1.21 Billion | CA$1.50 Billion | CA$288.19 Million | ▲ +6.8 pp |
| 2015 | 73.9% | CA$1.12 Billion | CA$1.52 Billion | CA$395.50 Million | ▼ -1.3 pp |
| 2014 | 75.2% | CA$1.09 Billion | CA$1.45 Billion | CA$360.44 Million | ▲ +7.0 pp |
| 2013 | 68.2% | CA$1.20 Billion | CA$1.77 Billion | CA$560.83 Million | ▲ +5.1 pp |
| 2012 | 63.2% | CA$1.21 Billion | CA$1.91 Billion | CA$705.09 Million | ▲ +0.4 pp |
| 2011 | 62.8% | CA$1.24 Billion | CA$1.97 Billion | CA$733.86 Million | ▼ -2.8 pp |
| 2010 | 65.6% | CA$1.21 Billion | CA$1.84 Billion | CA$634.38 Million | ▲ +1.4 pp |
| 2009 | 64.1% | CA$1.24 Billion | CA$1.93 Billion | CA$691.44 Million | ▲ +11.7 pp |
| 2008 | 52.4% | CA$1.21 Billion | CA$2.31 Billion | CA$1.10 Billion | ▼ -4.5 pp |
| 2007 | 56.9% | CA$1.38 Billion | CA$2.42 Billion | CA$1.04 Billion | ▼ -1.8 pp |
| 2006 | 58.8% | CA$1.16 Billion | CA$1.98 Billion | CA$817.03 Million | ▲ +17.2 pp |
| 2005 | 41.6% | CA$421.46 Million | CA$1.01 Billion | CA$591.38 Million | ▼ -10.6 pp |
| 2004 | 52.2% | CA$539.81 Million | CA$1.03 Billion | CA$493.44 Million | ▼ -3.8 pp |
| 2003 | 56.0% | CA$322.14 Million | CA$574.75 Million | CA$252.61 Million | ▲ +11.4 pp |
| 2002 | 44.7% | CA$184.05 Million | CA$411.85 Million | CA$227.80 Million | ▼ -12.7 pp |
| 2001 | 57.4% | CA$134.56 Million | CA$234.32 Million | CA$99.76 Million | ▼ -4.4 pp |
| 1997 | 61.8% | CA$104.81 Million | CA$169.66 Million | CA$64.85 Million | ▲ +9.5 pp |
| 1996 | 52.3% | CA$114.38 Million | CA$218.82 Million | CA$104.44 Million | ▲ +26.9 pp |
| 1995 | 25.4% | CA$544.85 Million | CA$2.15 Billion | CA$1.60 Billion | ▼ -2.7 pp |
| 1994 | 28.1% | CA$700.53 Million | CA$2.49 Billion | CA$1.79 Billion | ▼ -4.6 pp |
| 1993 | 32.7% | CA$689.77 Million | CA$2.11 Billion | CA$1.42 Billion | ▼ -0.3 pp |
| 1992 | 33.0% | CA$648.72 Million | CA$1.96 Billion | CA$1.31 Billion | ▼ -21.1 pp |
| 1991 | 54.2% | CA$728.31 Million | CA$1.34 Billion | CA$616.41 Million | ▲ +7.9 pp |
| 1990 | 46.3% | CA$566.18 Million | CA$1.22 Billion | CA$657.77 Million | ▼ -2.6 pp |
| 1989 | 48.9% | CA$898.29 Million | CA$1.84 Billion | CA$938.76 Million | ▲ +11.4 pp |
| 1988 | 37.5% | CA$817.74 Million | CA$2.18 Billion | CA$1.36 Billion | ▲ +0.7 pp |
| 1987 | 36.8% | CA$872.19 Million | CA$2.37 Billion | CA$1.50 Billion | ▲ +1.3 pp |
| 1986 | 35.5% | CA$974.06 Million | CA$2.74 Billion | CA$1.77 Billion | ▼ -9.6 pp |
| 1985 | 45.2% | CA$1.27 Billion | CA$2.82 Billion | CA$1.55 Billion | — |