LEONARDO ADR 1/2/EO 440 (FMN) — Net Asset Quality Index

Latest as of December 2025: 31.1%

LEONARDO ADR 1/2/EO 440 (FMN) has a Net Asset Quality Index of 31.1% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €34.51 Billion minus total liabilities of €23.77 Billion yields net assets of €10.74 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read FMN current and long-term liabilities for a breakdown of total debt and financial obligations.

Quality Index

31.1%
Equity / Total Assets

Net Assets

€10.74 Billion
EUR

Total Assets

€34.51 Billion
EUR

Total Liabilities

€23.77 Billion
EUR

LEONARDO ADR 1/2/EO 440 Net Asset Quality Index Over Time (2021–2025)

This chart shows how LEONARDO ADR 1/2/EO 440's Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the index stands at 31.1%, representing net assets of €10.74 Billion against total assets of €34.51 Billion EUR. For live market cap and overall valuation, see FMN market cap.

Annual Net Asset Quality Index for LEONARDO ADR 1/2/EO 440 (2021–2025)

The table below presents the year-by-year Net Asset Quality Index for LEONARDO ADR 1/2/EO 440 from 2021 to 2025, 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. See LEONARDO ADR 1/2/EO 440 (FMN) net assets for net asset value and shareholders' equity analysis.

Year Quality Index Net Assets (EUR) Total Assets Total Liabilities Change (pp)
2025 31.1% €10.74 Billion €34.51 Billion €23.77 Billion ▲ +0.8 pp
2024 30.3% €10.20 Billion €33.67 Billion €23.47 Billion ▲ +2.4 pp
2023 27.9% €8.56 Billion €30.69 Billion €22.13 Billion ▲ +1.0 pp
2022 26.9% €7.70 Billion €28.58 Billion €20.88 Billion ▲ +4.2 pp
2021 22.7% €6.46 Billion €28.38 Billion €21.92 Billion
pp = percentage points