Kandal M Venture Limited Class A Ordinary Shares (FMFC) — Working Capital to Net Assets Ratio
Kandal M Venture Limited Class A Ordinary Shares (FMFC) has a Working Capital to Net Assets ratio of 93.4% as of September 2025. Working capital of $7.45 Million (current assets of $9.61 Million minus current liabilities of $2.16 Million) is measured against net assets of $7.98 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FMFC financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kandal M Venture Limited Class A Ordinary Shares Working Capital to Net Assets (2023–2025)
This chart shows how Kandal M Venture Limited Class A Ordinary Shares's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of September 2025, the ratio stands at 93.4%, reflecting working capital of $7.45 Million against net assets of $7.98 Million USD. See FMFC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kandal M Venture Limited Class A Ordinary Shares (2023–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kandal M Venture Limited Class A Ordinary Shares 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 Kandal M Venture Limited Class A Ordinar stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -56.9% | $-215.13K | $378.10K | $9.39 Million | $9.60 Million | ▼ -2305.0 pp |
| 2024 | 2248.1% | $3.79 Million | $168.43K | $9.27 Million | $5.48 Million | ▲ +2117.6 pp |
| 2023 | 130.5% | $-1.24 Million | $-950.79K | $4.75 Million | $5.99 Million | — |