Fervo Energy Company Class A common stock (FRVO) — Net Asset Quality Index

Latest as of December 2025: -4.9%

Fervo Energy Company Class A common stock (FRVO) has a Net Asset Quality Index of -4.9% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.37 Billion minus total liabilities of $1.43 Billion yields net assets of $-66.57 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Fervo Energy Company Class A common stoc (FRVO) flexibility index to measure the company's free cash flow as a share of total liabilities.

Quality Index

-4.9%
Equity / Total Assets

Net Assets

$-66.57 Million
USD

Total Assets

$1.37 Billion
USD

Total Liabilities

$1.43 Billion
USD

Fervo Energy Company Class A common stock Net Asset Quality Index Over Time (2024–2025)

This chart shows how Fervo Energy Company Class A common stock's Net Asset Quality Index has evolved across 2 annual periods from 2024 to 2025. As of December 2025, the index stands at -4.9%, representing net assets of $-66.57 Million against total assets of $1.37 Billion USD. Also explore total assets of Fervo Energy Company Class A common stoc for the complete picture of this company's asset base.

Annual Net Asset Quality Index for Fervo Energy Company Class A common stock (2024–2025)

The table below presents the year-by-year Net Asset Quality Index for Fervo Energy Company Class A common stock from 2024 to 2025, covering 2 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 FRVO stock market capitalisation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 -4.9% $-66.57 Million $1.37 Billion $1.43 Billion ▲ +28.5 pp
2024 -33.4% $-177.19 Million $531.30 Million $708.49 Million
pp = percentage points