First Trust High Yield Opportunities 2027 Term Fund (FTHY) — Tangible Net Worth Ratio
First Trust High Yield Opportunities 2027 Term Fund (FTHY) has a Tangible Net Worth Ratio of 100.0% as of November 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($549.59 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 FTHY net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
First Trust High Yield Opportunities 2027 Term Fund Tangible Net Worth Ratio (2021–2025)
This chart shows how First Trust High Yield Opportunities 2027 Term Fund's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of November 2025, the ratio stands at 100.0%, reflecting net assets of $549.59 Million with intangible assets of $0.00 USD. See First Trust High Yield Opportunities 202 (FTHY) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for First Trust High Yield Opportunities 2027 Term Fund (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for First Trust High Yield Opportunities 2027 Term Fund from 2021 to 2025, covering 5 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 market cap of First Trust High Yield Opportunities 202.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $552.49 Million | $0.00 | $739.28 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $563.09 Million | $0.00 | $703.21 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $566.40 Million | $0.00 | $700.33 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $642.78 Million | $0.00 | $924.79 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $776.14 Million | $0.00 | $1.11 Billion | — |