Source Energy Services Ltd (SHLE) — Net Asset Quality Index
Source Energy Services Ltd (SHLE) has a Net Asset Quality Index of 35.2% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$597.89 Million minus total liabilities of CA$387.55 Million yields net assets of CA$210.34 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore SHLE total asset value for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Source Energy Services Ltd Net Asset Quality Index Over Time (2014–2024)
This chart shows how Source Energy Services Ltd's Net Asset Quality Index has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the index stands at 35.2%, representing net assets of CA$210.34 Million against total assets of CA$597.89 Million CAD. See Source Energy Services Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Source Energy Services Ltd (2014–2024)
The table below presents the year-by-year Net Asset Quality Index for Source Energy Services Ltd from 2014 to 2024, covering 11 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 cap of Source Energy Services Ltd.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 31.7% | CA$189.87 Million | CA$598.22 Million | CA$408.35 Million | ▼ -3.3 pp |
| 2023 | 35.0% | CA$169.13 Million | CA$482.83 Million | CA$313.70 Million | ▲ +33.3 pp |
| 2022 | 1.7% | CA$5.66 Million | CA$326.90 Million | CA$321.24 Million | ▼ -0.7 pp |
| 2021 | 2.5% | CA$6.53 Million | CA$266.03 Million | CA$259.50 Million | ▼ -9.8 pp |
| 2020 | 12.3% | CA$32.69 Million | CA$266.26 Million | CA$233.57 Million | ▼ -27.9 pp |
| 2019 | 40.1% | CA$199.31 Million | CA$496.67 Million | CA$297.36 Million | ▼ -18.4 pp |
| 2018 | 58.6% | CA$304.67 Million | CA$520.34 Million | CA$215.68 Million | ▼ -1.8 pp |
| 2017 | 60.3% | CA$282.19 Million | CA$467.96 Million | CA$185.77 Million | ▲ +87.3 pp |
| 2016 | -27.0% | CA$-59.22 Million | CA$219.41 Million | CA$278.62 Million | ▼ -24.9 pp |
| 2015 | -2.1% | CA$-4.84 Million | CA$231.11 Million | CA$235.95 Million | ▼ -1.5 pp |
| 2014 | -0.6% | CA$-1.16 Million | CA$194.79 Million | CA$195.95 Million | — |