Forza X1 Inc Net Asset Quality Index
Forza X1 Inc net asset quality index. Forza X1 Inc (FRZA) has a Net Asset Quality Index of 98.5% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $11.96 Million minus total liabilities of $180.87K yields net assets of $11.78 Million. A higher index indicates a stronger, lower-leverage balance sheet. See FRZA net assets for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Forza X1 Inc (2021–2023)
Net asset quality index of Forza X1 Inc from 2021 to 2023. This chart shows how Forza X1 Inc's Net Asset Quality Index has evolved across 3 annual periods from 2021 to 2023. As of September 2024, the index stands at 98.5%, representing net assets of $11.78 Million against total assets of $11.96 Million USD. Check FRZA PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Forza X1 Inc Net Asset Quality Index by Year (2021–2023)
Forza X1 Inc net asset quality index by year from 2021 to 2023. The table below presents the year-by-year Net Asset Quality Index for Forza X1 Inc from 2021 to 2023, covering 3 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 FRZA stock market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 94.7% | $16.02 Million | $16.92 Million | $901.31K | ▼ -1.7 pp |
| 2022 | 96.3% | $13.70 Million | $14.22 Million | $521.72K | ▲ +27.3 pp |
| 2021 | 69.1% | $1.54 Million | $2.23 Million | $690.38K | — |