Northland Power Inc. (NPI) — Net Asset Quality Index
Northland Power Inc. (NPI) has a Net Asset Quality Index of 31.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$13.42 Billion minus total liabilities of CA$9.17 Billion yields net assets of CA$4.25 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check NPI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Northland Power Inc. Net Asset Quality Index Over Time (1999–2024)
This chart shows how Northland Power Inc.'s Net Asset Quality Index has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the index stands at 31.7%, representing net assets of CA$4.25 Billion against total assets of CA$13.42 Billion CAD. See working capital position of Northland Power Inc. to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Northland Power Inc. (1999–2024)
The table below presents the year-by-year Net Asset Quality Index for Northland Power Inc. from 1999 to 2024, covering 26 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 NPI company net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 33.5% | CA$4.56 Billion | CA$13.60 Billion | CA$9.05 Billion | ▲ +0.6 pp |
| 2023 | 32.9% | CA$4.48 Billion | CA$13.63 Billion | CA$9.14 Billion | ▼ -0.3 pp |
| 2022 | 33.2% | CA$4.72 Billion | CA$14.22 Billion | CA$9.50 Billion | ▲ +10.2 pp |
| 2021 | 23.0% | CA$2.97 Billion | CA$12.88 Billion | CA$9.91 Billion | ▲ +5.5 pp |
| 2020 | 17.6% | CA$2.00 Billion | CA$11.40 Billion | CA$9.40 Billion | ▲ +3.2 pp |
| 2019 | 14.4% | CA$1.51 Billion | CA$10.48 Billion | CA$8.97 Billion | ▼ -0.5 pp |
| 2018 | 14.9% | CA$1.54 Billion | CA$10.34 Billion | CA$8.80 Billion | ▲ +0.7 pp |
| 2017 | 14.2% | CA$1.46 Billion | CA$10.28 Billion | CA$8.82 Billion | ▼ -1.7 pp |
| 2016 | 15.9% | CA$1.38 Billion | CA$8.66 Billion | CA$7.29 Billion | ▼ -3.2 pp |
| 2015 | 19.1% | CA$1.41 Billion | CA$7.37 Billion | CA$5.96 Billion | ▼ -2.4 pp |
| 2014 | 21.5% | CA$1.07 Billion | CA$4.97 Billion | CA$3.90 Billion | ▼ -9.1 pp |
| 2013 | 30.6% | CA$929.53 Million | CA$3.04 Billion | CA$2.11 Billion | ▲ +2.7 pp |
| 2012 | 27.8% | CA$701.12 Million | CA$2.52 Billion | CA$1.82 Billion | ▼ -2.3 pp |
| 2011 | 30.2% | CA$679.74 Million | CA$2.25 Billion | CA$1.57 Billion | ▼ -12.9 pp |
| 2010 | 43.0% | CA$816.73 Million | CA$1.90 Billion | CA$1.08 Billion | ▲ +0.1 pp |
| 2009 | 42.9% | CA$727.61 Million | CA$1.69 Billion | CA$966.92 Million | ▼ -19.4 pp |
| 2008 | 62.3% | CA$420.95 Million | CA$675.53 Million | CA$254.58 Million | ▲ +0.5 pp |
| 2007 | 61.9% | CA$427.26 Million | CA$690.79 Million | CA$263.53 Million | ▼ -10.8 pp |
| 2006 | 72.7% | CA$531.06 Million | CA$730.56 Million | CA$199.50 Million | ▲ +3.6 pp |
| 2005 | 69.1% | CA$379.10 Million | CA$548.85 Million | CA$169.75 Million | ▲ +5.3 pp |
| 2004 | 63.7% | CA$366.94 Million | CA$575.69 Million | CA$208.75 Million | ▼ -25.3 pp |
| 2003 | 89.1% | CA$387.72 Million | CA$435.25 Million | CA$47.53 Million | ▲ +19.3 pp |
| 2002 | 69.8% | CA$227.35 Million | CA$325.75 Million | CA$98.41 Million | ▼ -26.6 pp |
| 2001 | 96.4% | CA$238.38 Million | CA$247.38 Million | CA$9.00 Million | ▲ +0.2 pp |
| 2000 | 96.2% | CA$247.95 Million | CA$257.79 Million | CA$9.84 Million | ▲ +0.4 pp |
| 1999 | 95.8% | CA$256.63 Million | CA$267.81 Million | CA$11.18 Million | — |