First Class Metals PLC (FCM) — 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 First Class Metals PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Class Metals PLC Net Asset Quality Index Over Time (2021–2025)
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. Explore FCM operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for First Class Metals PLC (2021–2025)
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 market capitalisation and the full company profile, see market value of First Class Metals PLC.
| 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 | — |