First Quantum Minerals Ltd (FM) — Net Asset Momentum
First Quantum Minerals Ltd (FM) recorded a net asset momentum of -3.1% as of December 2025, with net assets of CA$11.54 Billion CAD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See defensive interval ratio of First Quantum Minerals Ltd to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
First Quantum Minerals Ltd Net Asset Momentum (1997–2025)
This chart tracks First Quantum Minerals Ltd's year-over-year net asset growth across 29 annual reporting periods from 1997 to 2025. The most recent momentum reading is -3.1%, with net assets of CA$11.54 Billion CAD as of December 2025. Read how much debt does First Quantum Minerals Ltd carry for a breakdown of total debt and financial obligations.
Annual Net Asset History for First Quantum Minerals Ltd (1997–2025)
The table below shows the complete annual net asset history for First Quantum Minerals Ltd from 1997 to 2025, covering 29 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see First Quantum Minerals Ltd stock valuation.
| Year | Net Assets (CAD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | CA$11.54 Billion | CA$25.24 Billion | CA$13.70 Billion | ▼ -3.1% |
| 2024 | CA$11.90 Billion | CA$24.11 Billion | CA$12.21 Billion | ▲ +10.4% |
| 2023 | CA$10.78 Billion | CA$23.76 Billion | CA$12.98 Billion | ▼ -11.9% |
| 2022 | CA$12.24 Billion | CA$25.08 Billion | CA$12.84 Billion | ▲ +6.5% |
| 2021 | CA$11.49 Billion | CA$25.27 Billion | CA$13.78 Billion | ▲ +14.5% |
| 2020 | CA$10.04 Billion | CA$24.24 Billion | CA$14.20 Billion | ▼ -5.9% |
| 2019 | CA$10.66 Billion | CA$24.75 Billion | CA$14.09 Billion | ▼ -0.6% |
| 2018 | CA$10.72 Billion | CA$23.54 Billion | CA$12.81 Billion | ▲ +5.9% |
| 2017 | CA$10.13 Billion | CA$21.62 Billion | CA$11.49 Billion | ▼ -1.5% |
| 2016 | CA$10.29 Billion | CA$19.48 Billion | CA$9.20 Billion | ▼ -3.3% |
| 2015 | CA$10.63 Billion | CA$18.62 Billion | CA$7.99 Billion | ▲ +5.4% |
| 2014 | CA$10.09 Billion | CA$17.82 Billion | CA$7.74 Billion | ▲ +11.0% |
| 2013 | CA$9.09 Billion | CA$15.47 Billion | CA$6.38 Billion | ▲ +54.5% |
| 2012 | CA$5.88 Billion | CA$7.54 Billion | CA$1.66 Billion | ▲ +41.1% |
| 2011 | CA$4.17 Billion | CA$5.30 Billion | CA$1.13 Billion | ▲ +33.2% |
| 2010 | CA$3.13 Billion | CA$5.26 Billion | CA$2.13 Billion | ▲ +8.8% |
| 2009 | CA$2.88 Billion | CA$4.56 Billion | CA$1.69 Billion | ▲ +67.9% |
| 2008 | CA$1.71 Billion | CA$3.00 Billion | CA$1.29 Billion | ▼ -4.9% |
| 2007 | CA$1.80 Billion | CA$2.68 Billion | CA$881.30 Million | ▲ +54.5% |
| 2006 | CA$1.17 Billion | CA$2.00 Billion | CA$829.11 Million | ▲ +199.5% |
| 2005 | CA$389.23 Million | CA$870.23 Million | CA$481.00 Million | ▲ +143.2% |
| 2004 | CA$160.03 Million | CA$473.06 Million | CA$313.03 Million | ▲ +88.1% |
| 2003 | CA$85.09 Million | CA$160.92 Million | CA$75.83 Million | ▲ +52.7% |
| 2002 | CA$55.72 Million | CA$97.83 Million | CA$42.11 Million | ▲ +14.5% |
| 2001 | CA$48.67 Million | CA$154.72 Million | CA$106.05 Million | ▲ +45.0% |
| 2000 | CA$33.56 Million | CA$128.58 Million | CA$95.02 Million | ▲ +36.2% |
| 1999 | CA$24.64 Million | CA$58.98 Million | CA$34.34 Million | ▲ +7.3% |
| 1998 | CA$22.96 Million | CA$66.19 Million | CA$43.24 Million | ▼ -23.1% |
| 1997 | CA$29.86 Million | CA$66.18 Million | CA$36.32 Million | — |