BurgerFi International, Inc. Working Capital to Net Assets Ratio
BurgerFi International, Inc. working capital to net assets ratio. 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of BurgerFi International, Inc. (2020–2023)
Working capital to net assets ratio of BurgerFi International, Inc. from 2020 to 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 BFICQ defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
BurgerFi International, Inc. Working Capital to Net Assets Ratio by Year (2020–2023)
BurgerFi International, Inc. working capital to net assets ratio by year from 2020 to 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 the complete balance sheet picture, see BFICQ asset base.
| 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 | — |