Reconnaissance Energy Africa Ltd (RECO) — Net Asset Quality Index
Reconnaissance Energy Africa Ltd (RECO) has a Net Asset Quality Index of 97.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$212.61 Million minus total liabilities of CA$4.67 Million yields net assets of CA$207.94 Million. A higher index indicates a stronger, lower-leverage balance sheet. See RECO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Reconnaissance Energy Africa Ltd Net Asset Quality Index Over Time (2017–2026)
This chart shows how Reconnaissance Energy Africa Ltd's Net Asset Quality Index has evolved across 8 annual periods from 2017 to 2026. As of December 2025, the index stands at 97.8%, representing net assets of CA$207.94 Million against total assets of CA$212.61 Million CAD. Explore Reconnaissance Energy Africa Ltd cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Reconnaissance Energy Africa Ltd (2017–2026)
The table below presents the year-by-year Net Asset Quality Index for Reconnaissance Energy Africa Ltd from 2017 to 2026, covering 8 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 RECO market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 97.8% | CA$207.94 Million | CA$212.61 Million | CA$4.67 Million | ▲ +1.6 pp |
| 2024 | 96.2% | CA$136.85 Million | CA$142.30 Million | CA$5.45 Million | ▲ +32.5 pp |
| 2022 | 63.6% | CA$85.22 Million | CA$133.93 Million | CA$48.70 Million | ▼ -30.0 pp |
| 2021 | 93.7% | CA$28.59 Million | CA$30.52 Million | CA$1.93 Million | ▼ -0.1 pp |
| 2020 | 93.8% | CA$7.83 Million | CA$8.35 Million | CA$521.67K | ▲ +52.3 pp |
| 2019 | 41.5% | CA$232.51K | CA$560.85K | CA$328.34K | ▼ -2.5 pp |
| 2018 | 44.0% | CA$91.41K | CA$207.85K | CA$116.45K | ▼ -15.1 pp |
| 2017 | 59.0% | CA$95.75K | CA$162.16K | CA$66.42K | — |