FIREBIRD METALS LTD Working Capital to Net Assets Ratio
FIREBIRD METALS LTD working capital to net assets ratio. 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. Check tangible net worth ratio of FIREBIRD METALS LTD 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 FIREBIRD METALS LTD (2021–2024)
Working capital to net assets ratio of FIREBIRD METALS LTD from 2021 to 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. Read FIREBIRD METALS LTD (7Y2) total liabilities for a breakdown of total debt and financial obligations.
FIREBIRD METALS LTD Working Capital to Net Assets Ratio by Year (2021–2024)
FIREBIRD METALS LTD working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see FIREBIRD METALS LTD asset portfolio.
| 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 | — |