Toromont Industries Ltd. (TIH) — Net Asset Quality Index
Toromont Industries Ltd. (TIH) has a Net Asset Quality Index of 57.6% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$5.22 Billion minus total liabilities of CA$2.21 Billion yields net assets of CA$3.01 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Toromont Industries Ltd. balance sheet liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Toromont Industries Ltd. Net Asset Quality Index Over Time (1993–2024)
This chart shows how Toromont Industries Ltd.'s Net Asset Quality Index has evolved across 32 annual periods from 1993 to 2024. As of June 2025, the index stands at 57.6%, representing net assets of CA$3.01 Billion against total assets of CA$5.22 Billion CAD. For live market cap and overall valuation, see market cap of Toromont Industries Ltd..
Annual Net Asset Quality Index for Toromont Industries Ltd. (1993–2024)
The table below presents the year-by-year Net Asset Quality Index for Toromont Industries Ltd. from 1993 to 2024, covering 32 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. Check Toromont Industries Ltd. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 60.7% | CA$2.96 Billion | CA$4.87 Billion | CA$1.91 Billion | ▲ +2.0 pp |
| 2023 | 58.7% | CA$2.68 Billion | CA$4.57 Billion | CA$1.89 Billion | ▲ +3.1 pp |
| 2022 | 55.6% | CA$2.33 Billion | CA$4.18 Billion | CA$1.86 Billion | ▲ +1.1 pp |
| 2021 | 54.5% | CA$1.95 Billion | CA$3.58 Billion | CA$1.63 Billion | ▲ +3.7 pp |
| 2020 | 50.8% | CA$1.70 Billion | CA$3.35 Billion | CA$1.65 Billion | ▲ +5.3 pp |
| 2019 | 45.5% | CA$1.53 Billion | CA$3.37 Billion | CA$1.84 Billion | ▲ +4.5 pp |
| 2018 | 41.0% | CA$1.33 Billion | CA$3.23 Billion | CA$1.91 Billion | ▲ +1.7 pp |
| 2017 | 39.4% | CA$1.12 Billion | CA$2.86 Billion | CA$1.73 Billion | ▼ -23.4 pp |
| 2016 | 62.8% | CA$885.43 Million | CA$1.41 Billion | CA$525.14 Million | ▲ +2.0 pp |
| 2015 | 60.8% | CA$775.28 Million | CA$1.28 Billion | CA$500.80 Million | ▲ +0.4 pp |
| 2014 | 60.3% | CA$668.08 Million | CA$1.11 Billion | CA$439.73 Million | ▲ +4.4 pp |
| 2013 | 55.9% | CA$576.56 Million | CA$1.03 Billion | CA$454.00 Million | ▲ +5.0 pp |
| 2012 | 50.9% | CA$476.57 Million | CA$936.17 Million | CA$459.60 Million | ▲ +6.7 pp |
| 2011 | 44.2% | CA$403.86 Million | CA$913.33 Million | CA$509.47 Million | ▼ -9.0 pp |
| 2010 | 53.2% | CA$1.21 Billion | CA$2.27 Billion | CA$1.06 Billion | ▼ -9.4 pp |
| 2009 | 62.6% | CA$854.06 Million | CA$1.36 Billion | CA$510.60 Million | ▲ +11.8 pp |
| 2008 | 50.8% | CA$779.10 Million | CA$1.53 Billion | CA$754.35 Million | ▲ +2.6 pp |
| 2007 | 48.3% | CA$654.73 Million | CA$1.36 Billion | CA$702.13 Million | ▲ +4.7 pp |
| 2006 | 43.5% | CA$565.56 Million | CA$1.30 Billion | CA$734.44 Million | ▲ +1.4 pp |
| 2005 | 42.1% | CA$481.81 Million | CA$1.14 Billion | CA$662.16 Million | ▼ -1.9 pp |
| 2004 | 44.0% | CA$415.86 Million | CA$944.81 Million | CA$528.96 Million | ▲ +0.0 pp |
| 2003 | 44.0% | CA$376.84 Million | CA$856.18 Million | CA$479.34 Million | ▲ +0.6 pp |
| 2002 | 43.4% | CA$335.32 Million | CA$771.90 Million | CA$436.59 Million | ▼ -0.2 pp |
| 2001 | 43.6% | CA$314.25 Million | CA$720.70 Million | CA$406.45 Million | ▲ +8.1 pp |
| 2000 | 35.6% | CA$218.21 Million | CA$613.79 Million | CA$395.57 Million | ▼ -2.9 pp |
| 1999 | 38.5% | CA$203.10 Million | CA$528.10 Million | CA$325.00 Million | ▼ -3.0 pp |
| 1998 | 41.4% | CA$183.60 Million | CA$443.00 Million | CA$259.40 Million | ▲ +5.6 pp |
| 1997 | 35.9% | CA$155.80 Million | CA$434.30 Million | CA$278.50 Million | ▲ +4.4 pp |
| 1996 | 31.5% | CA$100.30 Million | CA$318.30 Million | CA$218.00 Million | ▲ +0.7 pp |
| 1995 | 30.8% | CA$79.70 Million | CA$258.70 Million | CA$179.00 Million | ▲ +0.3 pp |
| 1994 | 30.5% | CA$64.50 Million | CA$211.50 Million | CA$147.00 Million | ▼ -2.9 pp |
| 1993 | 33.4% | CA$48.90 Million | CA$146.60 Million | CA$97.70 Million | — |