Fitell Corporation Ordinary Shares (FTEL) — Net Asset Quality Index
Fitell Corporation Ordinary Shares (FTEL) has a Net Asset Quality Index of 80.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $11.40 Million minus total liabilities of $2.21 Million yields net assets of $9.19 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check FTEL financial resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Fitell Corporation Ordinary Shares Net Asset Quality Index Over Time (2020–2025)
This chart shows how Fitell Corporation Ordinary Shares's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of September 2025, the index stands at 80.6%, representing net assets of $9.19 Million against total assets of $11.40 Million USD. See FTEL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Fitell Corporation Ordinary Shares (2020–2025)
The table below presents the year-by-year Net Asset Quality Index for Fitell Corporation Ordinary Shares from 2020 to 2025, covering 6 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 FTEL market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 80.6% | $9.19 Million | $11.40 Million | $2.21 Million | ▲ +2.2 pp |
| 2024 | 78.5% | $9.01 Million | $11.48 Million | $2.47 Million | ▲ +7.5 pp |
| 2023 | 71.0% | $6.42 Million | $9.04 Million | $2.62 Million | ▲ +26.1 pp |
| 2022 | 44.9% | $2.44 Million | $5.43 Million | $2.99 Million | ▲ +5.4 pp |
| 2021 | 39.5% | $2.49 Million | $6.31 Million | $3.82 Million | ▲ +0.8 pp |
| 2020 | 38.7% | $2.40 Million | $6.20 Million | $3.80 Million | — |