Advantage Oil & Gas Ltd. Net Asset Quality Index
Advantage Oil & Gas Ltd. 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 AAV cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Advantage Oil & Gas Ltd. (1985–2024)
Net asset quality index of Advantage Oil & Gas Ltd. from 1985 to 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 shareholders equity of Advantage Oil & Gas Ltd. for net asset value and shareholders' equity analysis.
Advantage Oil & Gas Ltd. Net Asset Quality Index by Year (1985–2024)
Advantage Oil & Gas Ltd. net asset quality index by year from 1985 to 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 live market cap and overall valuation, 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 | — |