First Quantum Minerals Ltd (FM) — Tangible Net Worth Ratio
First Quantum Minerals Ltd (FM) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$11.16 Billion) 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 Quantum Minerals Ltd shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
First Quantum Minerals Ltd Tangible Net Worth Ratio (1997–2025)
This chart shows how First Quantum Minerals Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of CA$11.16 Billion with intangible assets of CA$0.00 CAD. Also explore FM year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for First Quantum Minerals Ltd (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for First Quantum Minerals Ltd from 1997 to 2025, covering 29 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 FM company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$11.54 Billion | CA$0.00 | CA$25.24 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | CA$11.90 Billion | CA$0.00 | CA$24.11 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | CA$10.78 Billion | CA$0.00 | CA$23.76 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | CA$12.24 Billion | CA$0.00 | CA$25.08 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | CA$11.49 Billion | CA$0.00 | CA$25.27 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | CA$10.04 Billion | CA$0.00 | CA$24.24 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | CA$10.66 Billion | CA$0.00 | CA$24.75 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | CA$10.72 Billion | CA$0.00 | CA$23.54 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | CA$10.13 Billion | CA$0.00 | CA$21.62 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | CA$10.29 Billion | CA$0.00 | CA$19.48 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | CA$10.63 Billion | CA$0.00 | CA$18.62 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | CA$10.09 Billion | CA$0.00 | CA$17.82 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | CA$9.09 Billion | CA$0.00 | CA$15.47 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | CA$5.88 Billion | CA$0.00 | CA$7.54 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CA$4.17 Billion | CA$0.00 | CA$5.30 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | CA$3.13 Billion | CA$0.00 | CA$5.26 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | CA$2.88 Billion | CA$0.00 | CA$4.56 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | CA$1.71 Billion | CA$0.00 | CA$3.00 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | CA$1.80 Billion | CA$0.00 | CA$2.68 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | CA$1.17 Billion | CA$0.00 | CA$2.00 Billion | ▲ +16.2 pp |
| 2005 | 83.8% | CA$389.23 Million | CA$62.94 Million | CA$870.23 Million | ▼ -16.2 pp |
| 2004 | 100.0% | CA$160.03 Million | CA$0.00 | CA$473.06 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$85.09 Million | CA$0.00 | CA$160.92 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$55.72 Million | CA$0.00 | CA$97.83 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$48.67 Million | CA$0.00 | CA$154.72 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$33.56 Million | CA$0.00 | CA$128.58 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$24.64 Million | CA$0.00 | CA$58.98 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$22.96 Million | CA$0.00 | CA$66.19 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$29.86 Million | CA$0.00 | CA$66.18 Million | — |