FENIXORO GOLD CORP. Working Capital to Net Assets Ratio
FENIXORO GOLD CORP. 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. Check 8FD intangible-adjusted equity 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 FENIXORO GOLD CORP. (2021–2022)
Working capital to net assets ratio of FENIXORO GOLD CORP. from 2021 to 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. Read FENIXORO GOLD CORP. balance sheet liabilities for a breakdown of total debt and financial obligations.
FENIXORO GOLD CORP. Working Capital to Net Assets Ratio by Year (2021–2022)
FENIXORO GOLD CORP. working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see how large is FENIXORO GOLD CORP.'s balance sheet.
| 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 | — |