First United Corporation (FUNC) — Working Capital to Net Assets Ratio
First United Corporation (FUNC) has a Working Capital to Net Assets ratio of 107.7% as of December 2025. Working capital of $219.31 Million (current assets of $236.97 Million minus current liabilities of $17.66 Million) is measured against net assets of $203.63 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can First United Corporation fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
First United Corporation Working Capital to Net Assets (1991–2025)
This chart shows how First United Corporation's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1991 to 2025. As of December 2025, the ratio stands at 107.7%, reflecting working capital of $219.31 Million against net assets of $203.63 Million USD. For the complete balance sheet picture, see First United Corporation (FUNC) total assets.
Annual Working Capital to Net Assets for First United Corporation (1991–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for First United Corporation from 1991 to 2025, covering 35 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 FUNC financial 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 | -166.8% | $-339.69 Million | $203.63 Million | $132.69 Million | $472.39 Million | ▲ +661.0 pp |
| 2024 | -827.8% | $-1.48 Billion | $179.29 Million | $157.41 Million | $1.64 Billion | ▲ +63.8 pp |
| 2023 | -891.6% | $-1.44 Billion | $161.87 Million | $154.41 Million | $1.60 Billion | ▲ +50.6 pp |
| 2022 | -942.2% | $-1.43 Billion | $151.79 Million | $206.25 Million | $1.64 Billion | ▼ -1224.2 pp |
| 2021 | 282.0% | $400.18 Million | $141.90 Million | $415.96 Million | $15.79 Million | ▲ +1120.1 pp |
| 2020 | -838.1% | $-1.10 Billion | $131.05 Million | $390.00 Million | $1.49 Billion | ▼ -978.7 pp |
| 2019 | 140.6% | $177.11 Million | $125.94 Million | $197.35 Million | $20.23 Million | ▲ +964.3 pp |
| 2018 | -823.7% | $-964.24 Million | $117.07 Million | $181.63 Million | $1.15 Billion | ▼ -826.0 pp |
| 2017 | 2.3% | $2.52 Million | $108.39 Million | $25.80 Million | $23.29 Million | ▲ +3.6 pp |
| 2016 | -1.2% | $-1.41 Million | $113.70 Million | $21.11 Million | $22.53 Million | ▼ -0.4 pp |
| 2015 | -0.9% | $-1.03 Million | $120.77 Million | $19.50 Million | $20.53 Million | ▼ -3.0 pp |
| 2014 | 2.1% | $2.29 Million | $109.00 Million | $21.85 Million | $19.57 Million | ▲ +1.7 pp |
| 2013 | 0.4% | $418.00K | $101.34 Million | $28.83 Million | $28.41 Million | ▼ -1.6 pp |
| 2012 | 2.0% | $2.01 Million | $98.91 Million | $25.01 Million | $23.00 Million | ▲ +814.4 pp |
| 2011 | -812.4% | $-785.19 Million | $96.66 Million | $338.85 Million | $1.12 Billion | ▲ +229.7 pp |
| 2010 | -1042.0% | $-996.61 Million | $95.64 Million | $344.17 Million | $1.34 Billion | ▲ +82.4 pp |
| 2009 | -1124.4% | $-1.13 Billion | $100.57 Million | $241.23 Million | $1.37 Billion | ▲ +607.3 pp |
| 2008 | -1731.8% | $-1.26 Billion | $72.69 Million | $43.62 Million | $1.30 Billion | ▼ -641.2 pp |
| 2007 | -1090.5% | $-1.14 Billion | $104.67 Million | $53.17 Million | $1.19 Billion | ▼ -18.8 pp |
| 2006 | -1071.7% | $-1.04 Billion | $96.86 Million | $46.98 Million | $1.08 Billion | ▲ +55.0 pp |
| 2005 | -1126.7% | $-1.04 Billion | $92.04 Million | $52.42 Million | $1.09 Billion | ▼ -56.7 pp |
| 2004 | -1070.0% | $-924.02 Million | $86.36 Million | $44.96 Million | $968.98 Million | ▼ -151.4 pp |
| 2003 | -918.6% | $-773.37 Million | $84.19 Million | $57.85 Million | $831.22 Million | ▲ +132.4 pp |
| 2002 | -1051.0% | $-833.25 Million | $79.28 Million | $56.28 Million | $889.53 Million | ▼ -95.4 pp |
| 2001 | -955.6% | $-679.22 Million | $71.08 Million | $58.69 Million | $737.90 Million | ▲ +137.3 pp |
| 2000 | -1092.9% | $-715.98 Million | $65.51 Million | $57.00 Million | $772.97 Million | ▲ +50.3 pp |
| 1999 | -1143.2% | $-664.20 Million | $58.10 Million | $62.40 Million | $726.60 Million | ▼ -200.5 pp |
| 1998 | -942.7% | $-551.50 Million | $58.50 Million | $25.60 Million | $577.10 Million | ▼ -94.9 pp |
| 1997 | -847.8% | $-480.70 Million | $56.70 Million | $26.50 Million | $507.20 Million | ▼ -77.2 pp |
| 1996 | -770.6% | $-437.70 Million | $56.80 Million | $23.70 Million | $461.40 Million | ▼ -41.9 pp |
| 1995 | -728.6% | $-404.40 Million | $55.50 Million | $22.90 Million | $427.30 Million | ▲ +19.7 pp |
| 1994 | -748.3% | $-382.40 Million | $51.10 Million | $20.70 Million | $403.10 Million | ▼ -26.6 pp |
| 1993 | -721.7% | $-349.30 Million | $48.40 Million | $19.30 Million | $368.60 Million | ▲ +20.5 pp |
| 1992 | -742.2% | $-295.40 Million | $39.80 Million | $20.40 Million | $315.80 Million | ▲ +25.5 pp |
| 1991 | -767.7% | $-277.90 Million | $36.20 Million | $30.20 Million | $308.10 Million | — |