Firebird Metals Ltd (FRB) — Tangible Net Worth Ratio
Firebird Metals Ltd (FRB) has a Tangible Net Worth Ratio of 86.5% as of December 2025. This metric is calculated by deducting intangible assets (AU$1.98 Million) from net assets (AU$14.67 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Firebird Metals Ltd (FRB) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Firebird Metals Ltd Tangible Net Worth Ratio (2019–2024)
This chart shows how Firebird Metals Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of December 2025, the ratio stands at 86.5%, reflecting net assets of AU$14.67 Million with intangible assets of AU$1.98 Million AUD. Check Firebird Metals Ltd (FRB) strategic asset index to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Firebird Metals Ltd (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Firebird Metals Ltd from 2019 to 2024, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Firebird Metals Ltd.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 83.1% | AU$10.57 Million | AU$1.79 Million | AU$11.22 Million | ▼ -6.6 pp |
| 2023 | 89.7% | AU$12.64 Million | AU$1.31 Million | AU$12.88 Million | ▼ -10.3 pp |
| 2022 | 100.0% | AU$6.39 Million | AU$0.00 | AU$6.72 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$3.94 Million | AU$0.00 | AU$4.13 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$4.94 Million | AU$0.00 | AU$5.20 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$1.25 Million | AU$0.00 | AU$5.24 Million | — |