Tethys Petroleum Ltd (TPL) — 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. Read TPL current and long-term liabilities for a breakdown of total debt and financial obligations.
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 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. For live market cap and overall valuation, see how much is Tethys Petroleum Ltd worth.
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. Check TPL strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| 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 | — |