BurgerFi International, Inc. (BFICQ) — Working Capital to Net Assets Ratio

Latest as of March 2024: -139.4%

BurgerFi International, Inc. (BFICQ) has a Working Capital to Net Assets ratio of -139.4% as of March 2024. Working capital of $-72.64 Million (current assets of $9.96 Million minus current liabilities of $82.60 Million) is measured against net assets of $52.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is BurgerFi International, Inc. to measure the company's free cash flow as a share of total liabilities.

WC/NA Ratio

-139.4%
Working Capital / Net Assets

Working Capital

$-72.64 Million
USD

Current Assets

$9.96 Million
USD

Current Liabilities

$82.60 Million
USD

BurgerFi International, Inc. Working Capital to Net Assets (2020–2023)

This chart shows how BurgerFi International, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at -139.4%, reflecting working capital of $-72.64 Million against net assets of $52.09 Million USD. See how many days can BurgerFi International, Inc. fund operations to measure how many days the company can operate on defensive assets alone.

Annual Working Capital to Net Assets for BurgerFi International, Inc. (2020–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for BurgerFi International, Inc. from 2020 to 2023, 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 BFICQ stock market capitalisation.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2023 -122.6% $-70.19 Million $57.25 Million $12.50 Million $82.69 Million ▼ -95.1 pp
2022 -27.5% $-21.74 Million $78.95 Million $18.46 Million $40.20 Million ▼ -25.7 pp
2021 -1.8% $-3.11 Million $173.28 Million $21.22 Million $24.33 Million ▼ -15.1 pp
2020 13.3% $34.55 Million $259.07 Million $43.71 Million $9.16 Million
pp = percentage points