First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued Net Asset Quality Index
First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued net asset quality index. First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued (TRAXV) has a Net Asset Quality Index of 88.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $290.58 Million minus total liabilities of $33.11 Million yields net assets of $257.46 Million. A higher index indicates a stronger, lower-leverage balance sheet. Explore TRAXV debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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Net Asset Quality Index of First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued (2023–2024)
Net asset quality index of First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued from 2023 to 2024. This chart shows how First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued's Net Asset Quality Index has evolved across 2 annual periods from 2023 to 2024. As of March 2026, the index stands at 88.6%, representing net assets of $257.46 Million against total assets of $290.58 Million USD. See what is First Tracks Biotherapeutics, Inc. Ordin's book value for net asset value and shareholders' equity analysis.
First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued Net Asset Quality Index by Year (2023–2024)
First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued net asset quality index by year from 2023 to 2024. The table below presents the year-by-year Net Asset Quality Index for First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued from 2023 to 2024, 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 live market cap and overall valuation, see market value of First Tracks Biotherapeutics, Inc. Ordin.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 88.6% | $391.60 Million | $441.89 Million | $50.30 Million | ▼ -3.7 pp |
| 2023 | 92.3% | $409.85 Million | $444.11 Million | $34.26 Million | — |