Sprott Focus Trust (FUND) — Working Capital to Net Assets Ratio
Sprott Focus Trust (FUND) has a Working Capital to Net Assets ratio of -0.5% as of June 2024. Working capital of $-1.26 Million (current assets of $365.39K minus current liabilities of $1.63 Million) is measured against net assets of $254.98 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FUND defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sprott Focus Trust Working Capital to Net Assets (2013–2023)
This chart shows how Sprott Focus Trust's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at -0.5%, reflecting working capital of $-1.26 Million against net assets of $254.98 Million USD. For the complete balance sheet picture, see how large is Sprott Focus Trust's balance sheet.
Annual Working Capital to Net Assets for Sprott Focus Trust (2013–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sprott Focus Trust from 2013 to 2023, covering 11 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 FUND cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 0.4% | $948.26K | $265.92 Million | $948.60K | $335.00 | ▲ +0.2 pp |
| 2022 | 0.2% | $450.88K | $254.19 Million | $987.16K | $536.27K | ▲ +0.0 pp |
| 2021 | 0.1% | $355.13K | $269.08 Million | $355.22K | $89.00 | ▲ +0.0 pp |
| 2020 | 0.1% | $253.85K | $242.90 Million | $253.98K | $128.00 | ▲ +0.0 pp |
| 2019 | 0.1% | $136.32K | $235.32 Million | $329.03K | $192.71K | ▼ -0.1 pp |
| 2018 | 0.1% | $261.64K | $181.75 Million | $405.92K | $144.28K | ▲ +0.1 pp |
| 2017 | 0.1% | $151.72K | $227.99 Million | $328.72K | $176.99K | ▲ +0.1 pp |
| 2016 | 0.0% | $0.00 | $197.31 Million | $300.00K | $300.00K | ▲ +0.1 pp |
| 2015 | -0.1% | $-100.00K | $162.12 Million | $200.00K | $300.00K | ▼ -0.1 pp |
| 2014 | 0.1% | $100.00K | $187.80 Million | $300.00K | $200.00K | ▲ +0.1 pp |
| 2013 | 0.0% | $0.00 | $191.40 Million | $300.00K | $300.00K | — |