Tethys Petroleum Ltd Net Asset Quality Index
Tethys Petroleum Ltd net asset quality index. Tethys Petroleum Ltd (TPL) has a Net Asset Quality Index of 49.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$68.76 Million minus total liabilities of CA$34.49 Million yields net assets of CA$34.27 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Tethys Petroleum Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Tethys Petroleum Ltd (2004–2025)
Net asset quality index of Tethys Petroleum Ltd from 2004 to 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 March 2026, the index stands at 49.8%, representing net assets of CA$34.27 Million against total assets of CA$68.76 Million CAD. See TPL net assets for net asset value and shareholders' equity analysis.
Tethys Petroleum Ltd Net Asset Quality Index by Year (2004–2025)
Tethys Petroleum Ltd net asset quality index by year from 2004 to 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 live market cap and overall valuation, see TPL market cap overview.
| 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 | — |