Source Energy Services Ltd Net Asset Quality Index
Source Energy Services Ltd 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. Check Source Energy Services Ltd cash 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 Source Energy Services Ltd (2014–2024)
Net asset quality index of Source Energy Services Ltd from 2014 to 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 (SHLE) shareholders funds for net asset value and shareholders' equity analysis.
Source Energy Services Ltd Net Asset Quality Index by Year (2014–2024)
Source Energy Services Ltd net asset quality index by year from 2014 to 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 live market cap and overall valuation, see Source Energy Services Ltd market cap and net worth.
| 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 | — |