Telus Corp (T) — Net Asset Quality Index
Telus Corp (T) has a Net Asset Quality Index of 27.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$58.85 Billion minus total liabilities of CA$42.49 Billion yields net assets of CA$16.37 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Telus Corp (T) defensive interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Telus Corp Net Asset Quality Index Over Time (1998–2025)
This chart shows how Telus Corp's Net Asset Quality Index has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the index stands at 27.8%, representing net assets of CA$16.37 Billion against total assets of CA$58.85 Billion CAD. Explore Telus Corp cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Telus Corp (1998–2025)
The table below presents the year-by-year Net Asset Quality Index for Telus 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 Telus Corp stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 27.8% | CA$16.58 Billion | CA$59.61 Billion | CA$43.03 Billion | ▼ -1.1 pp |
| 2024 | 29.0% | CA$16.80 Billion | CA$58.02 Billion | CA$41.23 Billion | ▼ -1.9 pp |
| 2023 | 30.8% | CA$17.30 Billion | CA$56.14 Billion | CA$38.83 Billion | ▼ -1.8 pp |
| 2022 | 32.6% | CA$17.64 Billion | CA$54.05 Billion | CA$36.41 Billion | ▼ -0.9 pp |
| 2021 | 33.5% | CA$16.07 Billion | CA$47.99 Billion | CA$31.92 Billion | ▲ +4.3 pp |
| 2020 | 29.1% | CA$12.63 Billion | CA$43.33 Billion | CA$30.70 Billion | ▲ +1.1 pp |
| 2019 | 28.1% | CA$10.65 Billion | CA$37.98 Billion | CA$27.32 Billion | ▼ -3.2 pp |
| 2018 | 31.3% | CA$10.35 Billion | CA$33.06 Billion | CA$22.72 Billion | ▲ +4.4 pp |
| 2017 | 26.9% | CA$7.95 Billion | CA$29.55 Billion | CA$21.59 Billion | ▼ -1.7 pp |
| 2016 | 28.6% | CA$7.94 Billion | CA$27.73 Billion | CA$19.79 Billion | ▼ -0.4 pp |
| 2015 | 29.1% | CA$7.67 Billion | CA$26.41 Billion | CA$18.73 Billion | ▼ -3.1 pp |
| 2014 | 32.1% | CA$7.45 Billion | CA$23.22 Billion | CA$15.76 Billion | ▼ -5.1 pp |
| 2013 | 37.2% | CA$8.02 Billion | CA$21.57 Billion | CA$13.55 Billion | ▼ -0.4 pp |
| 2012 | 37.6% | CA$7.69 Billion | CA$20.45 Billion | CA$12.76 Billion | ▼ -0.1 pp |
| 2011 | 37.7% | CA$7.51 Billion | CA$19.93 Billion | CA$12.42 Billion | ▼ -4.1 pp |
| 2010 | 41.8% | CA$8.20 Billion | CA$19.60 Billion | CA$11.40 Billion | ▼ -0.3 pp |
| 2009 | 42.1% | CA$8.48 Billion | CA$20.12 Billion | CA$11.64 Billion | ▼ -6.8 pp |
| 2008 | 48.9% | CA$11.40 Billion | CA$23.32 Billion | CA$11.91 Billion | ▲ +8.0 pp |
| 2007 | 40.9% | CA$6.95 Billion | CA$16.99 Billion | CA$10.04 Billion | ▼ -1.0 pp |
| 2006 | 41.9% | CA$6.92 Billion | CA$16.51 Billion | CA$9.59 Billion | ▼ -0.6 pp |
| 2005 | 42.5% | CA$6.90 Billion | CA$16.22 Billion | CA$9.33 Billion | ▲ +3.1 pp |
| 2004 | 39.4% | CA$7.03 Billion | CA$17.84 Billion | CA$10.81 Billion | ▲ +1.2 pp |
| 2003 | 38.2% | CA$6.67 Billion | CA$17.48 Billion | CA$10.80 Billion | ▲ +2.8 pp |
| 2002 | 35.4% | CA$6.44 Billion | CA$18.22 Billion | CA$11.78 Billion | ▼ -0.9 pp |
| 2001 | 36.3% | CA$6.99 Billion | CA$19.27 Billion | CA$12.28 Billion | ▼ -3.3 pp |
| 2000 | 39.6% | CA$6.49 Billion | CA$16.41 Billion | CA$9.92 Billion | ▼ -15.8 pp |
| 1999 | 55.3% | CA$4.32 Billion | CA$7.81 Billion | CA$3.49 Billion | ▼ 0.0 pp |
| 1998 | 55.3% | CA$4.38 Billion | CA$7.92 Billion | CA$3.54 Billion | — |