Kelt Exploration Ltd. Net Asset Quality Index
Kelt Exploration Ltd. 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. Check how high is Kelt Exploration Ltd.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Kelt Exploration Ltd. (2012–2024)
Net asset quality index of Kelt Exploration Ltd. from 2012 to 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. See Kelt Exploration Ltd. net assets for net asset value and shareholders' equity analysis.
Kelt Exploration Ltd. Net Asset Quality Index by Year (2012–2024)
Kelt Exploration Ltd. net asset quality index by year from 2012 to 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. For live market cap and overall valuation, see KEL stock market capitalisation.
| 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 | — |