First Class Metals PLC Net Asset Quality Index
First Class Metals PLC net asset quality index. First Class Metals PLC (FCM) has a Net Asset Quality Index of 79.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX4.18 Million minus total liabilities of GBX845.06K yields net assets of GBX3.34 Million. A higher index indicates a stronger, lower-leverage balance sheet. See FCM net asset value for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of First Class Metals PLC (2021–2025)
Net asset quality index of First Class Metals PLC from 2021 to 2025. This chart shows how First Class Metals PLC's Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the index stands at 79.8%, representing net assets of GBX3.34 Million against total assets of GBX4.18 Million GBX. Check First Class Metals PLC tangible book value ratio to evaluate the tangible quality of the company's equity base.
First Class Metals PLC Net Asset Quality Index by Year (2021–2025)
First Class Metals PLC net asset quality index by year from 2021 to 2025. The table below presents the year-by-year Net Asset Quality Index for First Class Metals PLC 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. For live market cap and overall valuation, see FCM stock market capitalisation.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 79.8% | GBX3.34 Million | GBX4.18 Million | GBX845.06K | ▲ +17.1 pp |
| 2024 | 62.7% | GBX2.49 Million | GBX3.97 Million | GBX1.48 Million | ▼ -19.2 pp |
| 2023 | 81.9% | GBX3.10 Million | GBX3.78 Million | GBX686.53K | ▲ +0.4 pp |
| 2022 | 81.5% | GBX2.61 Million | GBX3.20 Million | GBX591.27K | ▼ -11.3 pp |
| 2021 | 92.8% | GBX1.37 Million | GBX1.48 Million | GBX106.58K | — |