Kelt Exploration Ltd. (KEL) — Net Asset Quality Index
Kelt Exploration Ltd. (KEL) has a Net Asset Quality Index of 70.1% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.59 Billion minus total liabilities of CA$477.39 Million yields net assets of CA$1.12 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read KEL total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Kelt Exploration Ltd. Net Asset Quality Index Over Time (2012–2024)
This chart shows how Kelt Exploration Ltd.'s Net Asset Quality Index has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the index stands at 70.1%, representing net assets of CA$1.12 Billion against total assets of CA$1.59 Billion CAD. For live market cap and overall valuation, see Kelt Exploration Ltd. market capitalisation.
Annual Net Asset Quality Index for Kelt Exploration Ltd. (2012–2024)
The table below presents the year-by-year Net Asset Quality Index for Kelt Exploration Ltd. from 2012 to 2024, covering 13 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. Check KEL capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 73.3% | CA$1.06 Billion | CA$1.45 Billion | CA$387.68 Million | ▼ -6.4 pp |
| 2023 | 79.6% | CA$1.00 Billion | CA$1.26 Billion | CA$256.63 Million | ▼ -0.3 pp |
| 2022 | 79.9% | CA$901.42 Million | CA$1.13 Billion | CA$226.68 Million | ▲ +0.8 pp |
| 2021 | 79.1% | CA$722.72 Million | CA$913.50 Million | CA$190.77 Million | ▼ -0.3 pp |
| 2020 | 79.4% | CA$603.68 Million | CA$759.99 Million | CA$156.30 Million | ▲ +21.9 pp |
| 2019 | 57.5% | CA$923.06 Million | CA$1.61 Billion | CA$682.40 Million | ▼ -5.3 pp |
| 2018 | 62.8% | CA$893.80 Million | CA$1.42 Billion | CA$529.73 Million | ▼ -3.5 pp |
| 2017 | 66.2% | CA$845.70 Million | CA$1.28 Billion | CA$430.87 Million | ▼ -0.9 pp |
| 2016 | 67.1% | CA$843.30 Million | CA$1.26 Billion | CA$412.66 Million | ▲ +0.9 pp |
| 2015 | 66.2% | CA$847.62 Million | CA$1.28 Billion | CA$431.86 Million | ▼ -1.9 pp |
| 2014 | 68.2% | CA$619.64 Million | CA$908.71 Million | CA$289.07 Million | ▼ -12.8 pp |
| 2013 | 81.0% | CA$392.87 Million | CA$485.20 Million | CA$92.33 Million | ▲ +73.8 pp |
| 2012 | 7.2% | CA$7.78 Million | CA$108.47 Million | CA$100.69 Million | — |