First Quantum Minerals Ltd Net Asset Quality Index
First Quantum Minerals Ltd net asset quality index. First Quantum Minerals Ltd (FM) has a Net Asset Quality Index of 46.2% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$25.07 Billion minus total liabilities of CA$13.49 Billion yields net assets of CA$11.59 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check FM cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of First Quantum Minerals Ltd (1997–2025)
Net asset quality index of First Quantum Minerals Ltd from 1997 to 2025. This chart shows how First Quantum Minerals Ltd's Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the index stands at 46.2%, representing net assets of CA$11.59 Billion against total assets of CA$25.07 Billion CAD. See First Quantum Minerals Ltd (FM) net assets for net asset value and shareholders' equity analysis.
First Quantum Minerals Ltd Net Asset Quality Index by Year (1997–2025)
First Quantum Minerals Ltd net asset quality index by year from 1997 to 2025. The table below presents the year-by-year Net Asset Quality Index for First Quantum Minerals Ltd from 1997 to 2025, covering 29 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 First Quantum Minerals Ltd (FM) total market value.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 45.7% | CA$11.54 Billion | CA$25.24 Billion | CA$13.70 Billion | ▼ -3.7 pp |
| 2024 | 49.4% | CA$11.90 Billion | CA$24.11 Billion | CA$12.21 Billion | ▲ +4.0 pp |
| 2023 | 45.4% | CA$10.78 Billion | CA$23.76 Billion | CA$12.98 Billion | ▼ -3.4 pp |
| 2022 | 48.8% | CA$12.24 Billion | CA$25.08 Billion | CA$12.84 Billion | ▲ +3.3 pp |
| 2021 | 45.5% | CA$11.49 Billion | CA$25.27 Billion | CA$13.78 Billion | ▲ +4.1 pp |
| 2020 | 41.4% | CA$10.04 Billion | CA$24.24 Billion | CA$14.20 Billion | ▼ -1.7 pp |
| 2019 | 43.1% | CA$10.66 Billion | CA$24.75 Billion | CA$14.09 Billion | ▼ -2.5 pp |
| 2018 | 45.6% | CA$10.72 Billion | CA$23.54 Billion | CA$12.81 Billion | ▼ -1.3 pp |
| 2017 | 46.8% | CA$10.13 Billion | CA$21.62 Billion | CA$11.49 Billion | ▼ -6.0 pp |
| 2016 | 52.8% | CA$10.29 Billion | CA$19.48 Billion | CA$9.20 Billion | ▼ -4.3 pp |
| 2015 | 57.1% | CA$10.63 Billion | CA$18.62 Billion | CA$7.99 Billion | ▲ +0.5 pp |
| 2014 | 56.6% | CA$10.09 Billion | CA$17.82 Billion | CA$7.74 Billion | ▼ -2.1 pp |
| 2013 | 58.7% | CA$9.09 Billion | CA$15.47 Billion | CA$6.38 Billion | ▼ -19.3 pp |
| 2012 | 78.0% | CA$5.88 Billion | CA$7.54 Billion | CA$1.66 Billion | ▼ -0.6 pp |
| 2011 | 78.7% | CA$4.17 Billion | CA$5.30 Billion | CA$1.13 Billion | ▲ +19.2 pp |
| 2010 | 59.5% | CA$3.13 Billion | CA$5.26 Billion | CA$2.13 Billion | ▼ -3.5 pp |
| 2009 | 63.0% | CA$2.88 Billion | CA$4.56 Billion | CA$1.69 Billion | ▲ +6.0 pp |
| 2008 | 57.0% | CA$1.71 Billion | CA$3.00 Billion | CA$1.29 Billion | ▼ -10.1 pp |
| 2007 | 67.1% | CA$1.80 Billion | CA$2.68 Billion | CA$881.30 Million | ▲ +8.7 pp |
| 2006 | 58.4% | CA$1.17 Billion | CA$2.00 Billion | CA$829.11 Million | ▲ +13.7 pp |
| 2005 | 44.7% | CA$389.23 Million | CA$870.23 Million | CA$481.00 Million | ▲ +10.9 pp |
| 2004 | 33.8% | CA$160.03 Million | CA$473.06 Million | CA$313.03 Million | ▼ -19.0 pp |
| 2003 | 52.9% | CA$85.09 Million | CA$160.92 Million | CA$75.83 Million | ▼ -4.1 pp |
| 2002 | 57.0% | CA$55.72 Million | CA$97.83 Million | CA$42.11 Million | ▲ +25.5 pp |
| 2001 | 31.5% | CA$48.67 Million | CA$154.72 Million | CA$106.05 Million | ▲ +5.4 pp |
| 2000 | 26.1% | CA$33.56 Million | CA$128.58 Million | CA$95.02 Million | ▼ -15.7 pp |
| 1999 | 41.8% | CA$24.64 Million | CA$58.98 Million | CA$34.34 Million | ▲ +7.1 pp |
| 1998 | 34.7% | CA$22.96 Million | CA$66.19 Million | CA$43.24 Million | ▼ -10.4 pp |
| 1997 | 45.1% | CA$29.86 Million | CA$66.18 Million | CA$36.32 Million | — |