STEP Energy Services Ltd (STEP) — Net Asset Quality Index
STEP Energy Services Ltd (STEP) has a Net Asset Quality Index of 67.0% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$599.98 Million minus total liabilities of CA$197.86 Million yields net assets of CA$402.12 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check STEP asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
STEP Energy Services Ltd Net Asset Quality Index Over Time (2014–2024)
This chart shows how STEP 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 67.0%, representing net assets of CA$402.12 Million against total assets of CA$599.98 Million CAD. See working capital position of STEP Energy Services Ltd to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for STEP Energy Services Ltd (2014–2024)
The table below presents the year-by-year Net Asset Quality Index for STEP 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 STEP stock market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 63.8% | CA$370.53 Million | CA$580.63 Million | CA$210.11 Million | ▲ +5.2 pp |
| 2023 | 58.6% | CA$355.55 Million | CA$606.52 Million | CA$250.97 Million | ▲ +13.8 pp |
| 2022 | 44.8% | CA$306.03 Million | CA$682.53 Million | CA$376.50 Million | ▲ +8.2 pp |
| 2021 | 36.7% | CA$177.44 Million | CA$483.85 Million | CA$306.41 Million | ▼ -6.0 pp |
| 2020 | 42.6% | CA$204.58 Million | CA$479.86 Million | CA$275.28 Million | ▼ -4.4 pp |
| 2019 | 47.1% | CA$322.82 Million | CA$686.04 Million | CA$363.22 Million | ▼ -6.8 pp |
| 2018 | 53.9% | CA$478.60 Million | CA$887.91 Million | CA$409.30 Million | ▼ -26.8 pp |
| 2017 | 80.7% | CA$431.04 Million | CA$533.85 Million | CA$102.81 Million | ▲ +3.2 pp |
| 2016 | 77.6% | CA$259.94 Million | CA$335.14 Million | CA$75.20 Million | ▼ -6.4 pp |
| 2015 | 84.0% | CA$193.99 Million | CA$230.95 Million | CA$36.96 Million | ▲ +15.5 pp |
| 2014 | 68.5% | CA$98.37 Million | CA$143.56 Million | CA$45.20 Million | — |