Firetail Resources Ltd (FTL) — Tangible Net Worth Ratio
Firetail Resources Ltd (FTL) has a Tangible Net Worth Ratio of 100.0% as of December 2024. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$26.94 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 how fast is Firetail Resources Ltd growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Firetail Resources Ltd Tangible Net Worth Ratio (2022–2024)
This chart shows how Firetail Resources Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of December 2024, the ratio stands at 100.0%, reflecting net assets of AU$26.94 Million with intangible assets of AU$0.00 AUD. For live market cap and overall valuation, see FTL market cap overview.
Annual Tangible Net Worth Ratio for Firetail Resources Ltd (2022–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Firetail Resources Ltd from 2022 to 2024, covering 3 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. See financial flexibility index of Firetail Resources Ltd to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | AU$21.37 Million | AU$0.00 | AU$22.15 Million | ▲ +0.0 pp |
| 2023 | 100.0% | AU$13.99 Million | AU$0.00 | AU$14.56 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$14.88 Million | AU$0.00 | AU$15.26 Million | — |