Pembina Pipeline Corp (PPL) — Net Asset Quality Index
Pembina Pipeline Corp (PPL) has a Net Asset Quality Index of 47.2% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$35.55 Billion minus total liabilities of CA$18.78 Billion yields net assets of CA$16.77 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check asset resilience ratio of Pembina Pipeline Corp to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Pembina Pipeline Corp Net Asset Quality Index Over Time (1998–2025)
This chart shows how Pembina Pipeline Corp's Net Asset Quality Index has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the index stands at 47.2%, representing net assets of CA$16.77 Billion against total assets of CA$35.55 Billion CAD. See PPL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Pembina Pipeline Corp (1998–2025)
The table below presents the year-by-year Net Asset Quality Index for Pembina Pipeline Corp from 1998 to 2025, covering 28 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 PPL market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 47.2% | CA$16.77 Billion | CA$35.55 Billion | CA$18.78 Billion | ▼ -1.5 pp |
| 2024 | 48.7% | CA$17.51 Billion | CA$35.97 Billion | CA$18.46 Billion | ▲ +0.2 pp |
| 2023 | 48.5% | CA$15.81 Billion | CA$32.62 Billion | CA$16.80 Billion | ▼ -1.7 pp |
| 2022 | 50.2% | CA$15.79 Billion | CA$31.48 Billion | CA$15.69 Billion | ▲ +4.5 pp |
| 2021 | 45.7% | CA$14.36 Billion | CA$31.46 Billion | CA$17.09 Billion | ▼ -2.1 pp |
| 2020 | 47.8% | CA$15.02 Billion | CA$31.42 Billion | CA$16.40 Billion | ▼ -2.8 pp |
| 2019 | 50.6% | CA$16.77 Billion | CA$33.15 Billion | CA$16.38 Billion | ▼ -3.4 pp |
| 2018 | 54.0% | CA$14.40 Billion | CA$26.66 Billion | CA$12.26 Billion | ▼ -0.1 pp |
| 2017 | 54.2% | CA$13.85 Billion | CA$25.57 Billion | CA$11.72 Billion | ▼ -1.1 pp |
| 2016 | 55.2% | CA$8.30 Billion | CA$15.02 Billion | CA$6.72 Billion | ▼ -2.1 pp |
| 2015 | 57.4% | CA$7.42 Billion | CA$12.94 Billion | CA$5.51 Billion | ▲ +1.1 pp |
| 2014 | 56.3% | CA$6.34 Billion | CA$11.26 Billion | CA$4.93 Billion | ▼ -0.3 pp |
| 2013 | 56.6% | CA$5.17 Billion | CA$9.14 Billion | CA$3.97 Billion | ▲ +4.9 pp |
| 2012 | 51.7% | CA$4.28 Billion | CA$8.28 Billion | CA$4.00 Billion | ▲ +22.9 pp |
| 2011 | 28.8% | CA$961.62 Million | CA$3.34 Billion | CA$2.38 Billion | ▼ -13.3 pp |
| 2010 | 42.1% | CA$1.18 Billion | CA$2.81 Billion | CA$1.63 Billion | ▼ -1.7 pp |
| 2009 | 43.8% | CA$1.13 Billion | CA$2.58 Billion | CA$1.45 Billion | ▲ +2.1 pp |
| 2008 | 41.7% | CA$883.23 Million | CA$2.12 Billion | CA$1.23 Billion | ▼ -4.5 pp |
| 2007 | 46.2% | CA$908.74 Million | CA$1.97 Billion | CA$1.06 Billion | ▼ -4.7 pp |
| 2006 | 50.9% | CA$852.48 Million | CA$1.68 Billion | CA$823.72 Million | ▲ +3.2 pp |
| 2005 | 47.7% | CA$743.61 Million | CA$1.56 Billion | CA$815.51 Million | ▲ +5.4 pp |
| 2004 | 42.3% | CA$655.05 Million | CA$1.55 Billion | CA$893.85 Million | ▼ -16.5 pp |
| 2003 | 58.8% | CA$926.13 Million | CA$1.57 Billion | CA$648.37 Million | ▲ +0.5 pp |
| 2002 | 58.3% | CA$732.62 Million | CA$1.26 Billion | CA$522.95 Million | ▼ -0.9 pp |
| 2001 | 59.3% | CA$769.06 Million | CA$1.30 Billion | CA$528.49 Million | ▲ +8.0 pp |
| 2000 | 51.2% | CA$571.12 Million | CA$1.11 Billion | CA$543.68 Million | ▼ -45.5 pp |
| 1999 | 96.7% | CA$494.64 Million | CA$511.55 Million | CA$16.91 Million | ▼ -1.7 pp |
| 1998 | 98.4% | CA$534.27 Million | CA$542.82 Million | CA$8.54 Million | — |