Firebird Metals Ltd (FRB) — Net Asset Quality Index
Firebird Metals Ltd (FRB) has a Net Asset Quality Index of 94.9% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$15.46 Million minus total liabilities of AU$784.06K yields net assets of AU$14.67 Million. A higher index indicates a stronger, lower-leverage balance sheet. Explore FRB cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Firebird Metals Ltd Net Asset Quality Index Over Time (2017–2024)
This chart shows how Firebird Metals Ltd's Net Asset Quality Index has evolved across 8 annual periods from 2017 to 2024. As of December 2025, the index stands at 94.9%, representing net assets of AU$14.67 Million against total assets of AU$15.46 Million AUD. See what is Firebird Metals Ltd's book value for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Firebird Metals Ltd (2017–2024)
The table below presents the year-by-year Net Asset Quality Index for Firebird Metals Ltd from 2017 to 2024, 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 live market cap and overall valuation, see market cap of Firebird Metals Ltd.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.2% | AU$10.57 Million | AU$11.22 Million | AU$652.28K | ▼ -3.9 pp |
| 2023 | 98.1% | AU$12.64 Million | AU$12.88 Million | AU$245.59K | ▲ +3.1 pp |
| 2022 | 95.0% | AU$6.39 Million | AU$6.72 Million | AU$333.42K | ▼ -0.3 pp |
| 2021 | 95.4% | AU$3.94 Million | AU$4.13 Million | AU$191.22K | ▲ +0.4 pp |
| 2020 | 95.0% | AU$4.94 Million | AU$5.20 Million | AU$259.42K | ▲ +71.1 pp |
| 2019 | 23.9% | AU$1.25 Million | AU$5.24 Million | AU$3.98 Million | ▲ +5063.2 pp |
| 2018 | -5039.2% | AU$-3.28 Million | AU$65.10K | AU$3.35 Million | ▲ +3376.4 pp |
| 2017 | -8415.6% | AU$-1.69 Million | AU$20.10K | AU$1.71 Million | — |