FENIXORO GOLD CORP. (8FD) — Working Capital to Net Assets Ratio
FENIXORO GOLD CORP. (8FD) has a Working Capital to Net Assets ratio of -6.3% as of February 2022. Working capital of €-483.21K (current assets of €463.88K minus current liabilities of €947.09K) is measured against net assets of €7.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 8FD equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
FENIXORO GOLD CORP. Working Capital to Net Assets (2021–2022)
This chart shows how FENIXORO GOLD CORP.'s Working Capital to Net Assets ratio has evolved across 2 annual periods from 2021 to 2022. As of February 2022, the ratio stands at -6.3%, reflecting working capital of €-483.21K against net assets of €7.73 Million EUR. Check tangible net worth ratio of FENIXORO GOLD CORP. to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for FENIXORO GOLD CORP. (2021–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for FENIXORO GOLD CORP. from 2021 to 2022, covering 2 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 how much is FENIXORO GOLD CORP. worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -6.3% | €-483.21K | €7.73 Million | €463.88K | €947.09K | ▼ -4.6 pp |
| 2021 | -1.7% | €-137.56K | €8.20 Million | €1.00 Million | €1.14 Million | — |