Firetail Resources Ltd (FTL) — Net Asset Quality Index
Firetail Resources Ltd (FTL) has a Net Asset Quality Index of 96.6% as of December 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$27.89 Million minus total liabilities of AU$958.84K yields net assets of AU$26.94 Million. A higher index indicates a stronger, lower-leverage balance sheet. See FTL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Firetail Resources Ltd Net Asset Quality Index Over Time (2020–2024)
This chart shows how Firetail Resources Ltd's Net Asset Quality Index has evolved across 5 annual periods from 2020 to 2024. As of December 2024, the index stands at 96.6%, representing net assets of AU$26.94 Million against total assets of AU$27.89 Million AUD. Explore Firetail Resources Ltd cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Firetail Resources Ltd (2020–2024)
The table below presents the year-by-year Net Asset Quality Index for Firetail Resources Ltd from 2020 to 2024, covering 5 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 market cap of Firetail Resources Ltd.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.5% | AU$21.37 Million | AU$22.15 Million | AU$783.59K | ▲ +0.4 pp |
| 2023 | 96.0% | AU$13.99 Million | AU$14.56 Million | AU$576.07K | ▼ -1.4 pp |
| 2022 | 97.5% | AU$14.88 Million | AU$15.26 Million | AU$384.27K | ▲ +106.1 pp |
| 2021 | -8.6% | AU$-4.42K | AU$51.26K | AU$55.68K | ▼ -5.0 pp |
| 2020 | -3.6% | AU$-1.71K | AU$47.53K | AU$49.24K | — |