Fat Prophets Global Property Fund Working Capital to Net Assets Ratio
Fat Prophets Global Property Fund working capital to net assets ratio. Fat Prophets Global Property Fund (FPP) has a Working Capital to Net Assets ratio of 5.1% as of June 2024. Working capital of AU$962.19K (current assets of AU$1.67 Million minus current liabilities of AU$707.51K) is measured against net assets of AU$18.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check FPP tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Fat Prophets Global Property Fund (2017–2024)
Working capital to net assets ratio of Fat Prophets Global Property Fund from 2017 to 2024. This chart shows how Fat Prophets Global Property Fund's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2024, the ratio stands at 5.1%, reflecting working capital of AU$962.19K against net assets of AU$18.83 Million AUD. See FPP days of operational coverage to measure how many days the company can operate on defensive assets alone.
Fat Prophets Global Property Fund Working Capital to Net Assets Ratio by Year (2017–2024)
Fat Prophets Global Property Fund working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Fat Prophets Global Property Fund from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see FPP total asset value.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.1% | AU$962.19K | AU$18.83 Million | AU$1.67 Million | AU$707.51K | ▼ -1.8 pp |
| 2023 | 6.9% | AU$1.28 Million | AU$18.49 Million | AU$1.99 Million | AU$707.64K | ▼ -2.2 pp |
| 2022 | 9.2% | AU$1.86 Million | AU$20.32 Million | AU$3.57 Million | AU$1.71 Million | ▲ +6.3 pp |
| 2021 | 2.9% | AU$714.62K | AU$24.79 Million | AU$1.40 Million | AU$683.92K | ▼ -6.0 pp |
| 2020 | 8.8% | AU$1.75 Million | AU$19.80 Million | AU$1.77 Million | AU$18.17K | ▲ +3.1 pp |
| 2019 | 5.8% | AU$1.01 Million | AU$17.50 Million | AU$1.64 Million | AU$631.08K | ▲ +5.2 pp |
| 2018 | 0.5% | AU$88.65K | AU$16.83 Million | AU$521.81K | AU$433.17K | ▼ -99.5 pp |
| 2017 | 100.0% | AU$32.17 Million | AU$32.17 Million | AU$32.17 Million | AU$0.00 | — |