FIREBIRD METALS LTD (7Y2) — Working Capital to Net Assets Ratio

Latest as of June 2024: 41.0%

FIREBIRD METALS LTD (7Y2) has a Working Capital to Net Assets ratio of 41.0% as of June 2024. Working capital of €5.18 Million (current assets of €5.42 Million minus current liabilities of €245.59K) is measured against net assets of €12.64 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 7Y2 net asset quality score to measure how much of total assets are equity-financed.

WC/NA Ratio

41.0%
Working Capital / Net Assets

Working Capital

€5.18 Million
EUR

Current Assets

€5.42 Million
EUR

Current Liabilities

€245.59K
EUR

FIREBIRD METALS LTD Working Capital to Net Assets (2021–2024)

This chart shows how FIREBIRD METALS LTD's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 41.0%, reflecting working capital of €5.18 Million against net assets of €12.64 Million EUR. Check tangible net worth ratio of FIREBIRD METALS LTD to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for FIREBIRD METALS LTD (2021–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for FIREBIRD METALS LTD from 2021 to 2024, covering 4 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 live market cap and the full company profile, see FIREBIRD METALS LTD stock valuation.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2024 41.0% €5.18 Million €12.64 Million €5.42 Million €245.59K ▲ +23.8 pp
2023 17.1% €1.09 Million €6.39 Million €1.43 Million €333.42K ▲ +5.1 pp
2022 12.0% €473.94K €3.94 Million €665.15K €191.22K ▼ -63.1 pp
2021 75.1% €3.71 Million €4.94 Million €3.91 Million €203.04K
pp = percentage points