FIRST LITHIUM MINERALS (X28) — Tangible Net Worth Ratio
FIRST LITHIUM MINERALS (X28) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (€0.00) from net assets (€1.61 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 FIRST LITHIUM MINERALS current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
FIRST LITHIUM MINERALS Tangible Net Worth Ratio (2022–2024)
This chart shows how FIRST LITHIUM MINERALS's Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of €1.61 Million with intangible assets of €0.00 EUR. Also explore FIRST LITHIUM MINERALS equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for FIRST LITHIUM MINERALS (2022–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for FIRST LITHIUM MINERALS 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. For the full company profile including market capitalisation, see X28 market cap overview.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | €2.38 Million | €0.00 | €2.78 Million | ▲ +0.0 pp |
| 2023 | 100.0% | €3.71 Million | €0.00 | €4.06 Million | ▲ +0.0 pp |
| 2022 | 100.0% | €5.03 Million | €0.00 | €5.24 Million | — |