Tethys Petroleum Ltd (TPL) — Net Asset Quality Index
Tethys Petroleum Ltd (TPL) has a Net Asset Quality Index of 47.1% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$64.23 Million minus total liabilities of CA$33.97 Million yields net assets of CA$30.26 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore Tethys Petroleum Ltd balance sheet assets for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tethys Petroleum Ltd Net Asset Quality Index Over Time (2004–2025)
This chart shows how Tethys Petroleum Ltd's Net Asset Quality Index has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the index stands at 47.1%, representing net assets of CA$30.26 Million against total assets of CA$64.23 Million CAD. See Tethys Petroleum Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tethys Petroleum Ltd (2004–2025)
The table below presents the year-by-year Net Asset Quality Index for Tethys Petroleum Ltd from 2004 to 2025, covering 22 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 TPL stock market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 47.1% | CA$30.26 Million | CA$64.23 Million | CA$33.97 Million | ▲ +5.9 pp |
| 2024 | 41.2% | CA$23.15 Million | CA$56.23 Million | CA$33.08 Million | ▼ -8.3 pp |
| 2023 | 49.4% | CA$42.19 Million | CA$85.33 Million | CA$43.14 Million | ▲ +9.2 pp |
| 2022 | 40.2% | CA$35.12 Million | CA$87.27 Million | CA$52.15 Million | ▲ +10.0 pp |
| 2021 | 30.2% | CA$22.36 Million | CA$73.94 Million | CA$51.59 Million | ▼ -16.1 pp |
| 2020 | 46.3% | CA$24.92 Million | CA$53.82 Million | CA$28.90 Million | ▲ +2.7 pp |
| 2019 | 43.6% | CA$47.45 Million | CA$108.83 Million | CA$61.38 Million | ▼ -8.1 pp |
| 2018 | 51.7% | CA$56.26 Million | CA$108.73 Million | CA$52.48 Million | ▲ +11.1 pp |
| 2017 | 40.7% | CA$47.94 Million | CA$117.93 Million | CA$69.99 Million | ▼ -17.6 pp |
| 2016 | 58.3% | CA$93.23 Million | CA$159.90 Million | CA$66.68 Million | ▼ -10.7 pp |
| 2015 | 69.0% | CA$131.57 Million | CA$190.59 Million | CA$59.02 Million | ▼ -17.2 pp |
| 2014 | 86.2% | CA$205.75 Million | CA$238.69 Million | CA$32.95 Million | ▼ -0.2 pp |
| 2013 | 86.4% | CA$202.59 Million | CA$234.62 Million | CA$32.02 Million | ▼ -1.0 pp |
| 2012 | 87.4% | CA$220.15 Million | CA$251.95 Million | CA$31.80 Million | ▼ -2.9 pp |
| 2011 | 90.3% | CA$237.88 Million | CA$263.39 Million | CA$25.51 Million | ▲ +0.9 pp |
| 2010 | 89.5% | CA$239.52 Million | CA$267.75 Million | CA$28.23 Million | ▲ +11.7 pp |
| 2009 | 77.8% | CA$106.60 Million | CA$137.08 Million | CA$30.48 Million | ▼ -13.1 pp |
| 2008 | 90.9% | CA$96.17 Million | CA$105.81 Million | CA$9.64 Million | ▼ -3.9 pp |
| 2007 | 94.8% | CA$67.94 Million | CA$71.66 Million | CA$3.72 Million | ▲ +19.8 pp |
| 2006 | 75.0% | CA$14.69 Million | CA$19.59 Million | CA$4.90 Million | ▲ +125.7 pp |
| 2005 | -50.7% | CA$-2.88 Million | CA$5.69 Million | CA$8.57 Million | ▲ +130.0 pp |
| 2004 | -180.7% | CA$-820.90K | CA$454.20K | CA$1.28 Million | — |