FIREBIRD METALS LTD Tangible Net Worth Ratio

Latest as of June 2024: 89.7%

FIREBIRD METALS LTD tangible net worth ratio. FIREBIRD METALS LTD (7Y2) has a Tangible Net Worth Ratio of 89.7% as of June 2024. This metric is calculated by deducting intangible assets (€1.31 Million) from net assets (€12.64 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. See net asset quality index of FIREBIRD METALS LTD to measure how much of total assets are equity-financed.

Tangible NW Ratio

89.7%
Tangible equity / total equity

Net Assets (Equity)

€12.64 Million
EUR

Intangible Assets

€1.31 Million
Goodwill, patents, brand value

Total Assets

€12.88 Million
EUR

Tangible Net Worth Ratio of FIREBIRD METALS LTD (2021–2024)

Tangible net worth ratio of FIREBIRD METALS LTD from 2021 to 2024. This chart shows how FIREBIRD METALS LTD's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 89.7%, reflecting net assets of €12.64 Million with intangible assets of €1.31 Million EUR. See how liquid is FIREBIRD METALS LTD's working capital to evaluate short-term liquidity relative to the company's equity base.

FIREBIRD METALS LTD Tangible Net Worth Ratio by Year (2021–2024)

FIREBIRD METALS LTD tangible net worth ratio by year from 2021 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for FIREBIRD METALS LTD from 2021 to 2024, covering 4 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 FIREBIRD METALS LTD market cap and net worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 89.7% €12.64 Million €1.31 Million €12.88 Million ▼ -10.3 pp
2023 100.0% €6.39 Million €0.00 €6.72 Million ▲ +0.0 pp
2022 100.0% €3.94 Million €0.00 €4.13 Million ▲ +0.0 pp
2021 100.0% €4.94 Million €0.00 €5.20 Million —
pp = percentage points