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. Check KEL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. See KEL net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For market capitalisation and the full company profile, see market value of Kelt Exploration Ltd..
| 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 | — |