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 36.9% as of March 2026. Working capital of $407.30 Million (current assets of $673.55 Million minus current liabilities of $266.25 Million) is measured against net assets of $1.10 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Firefly Aerospace Inc. Common Stock (FLY) net asset quality to measure how much of total assets are equity-financed.
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 March 2026, the ratio stands at 36.9%, reflecting working capital of $407.30 Million against net assets of $1.10 Billion USD. Check Firefly Aerospace Inc. Common Stock (FLY) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Firefly Aerospace Inc. Common Stock market capitalisation.
| 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 | — |