Firefly Aerospace Inc. Common Stock (FLY) — Working Capital to Net Assets Ratio
Firefly Aerospace Inc. Common Stock (FLY) has a Working Capital to Net Assets ratio of 41.4% as of June 2026. Working capital of $506.17 Million (current assets of $799.29 Million minus current liabilities of $293.12 Million) is measured against net assets of $1.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Firefly Aerospace Inc. Common Stock defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Firefly Aerospace Inc. Common Stock Working Capital to Net Assets (2023–2025)
This chart shows how Firefly Aerospace Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of June 2026, the ratio stands at 41.4%, reflecting working capital of $506.17 Million against net assets of $1.22 Billion USD. For the complete balance sheet picture, see balance sheet size of Firefly Aerospace Inc. Common Stock.
Annual Working Capital to Net Assets for Firefly Aerospace Inc. Common Stock (2023–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Firefly Aerospace Inc. Common Stock from 2023 to 2025, covering 3 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. Check Firefly Aerospace Inc. Common Stock liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 63.0% | $749.59 Million | $1.19 Billion | $963.17 Million | $213.58 Million | ▲ +63.2 pp |
| 2024 | -0.2% | $1.34 Million | $-767.62 Million | $180.72 Million | $179.38 Million | ▲ +2.4 pp |
| 2023 | -2.6% | $13.17 Million | $-504.49 Million | $149.94 Million | $136.77 Million | — |