First Trust High Yield Opportunities 2027 Term Fund (FTHY) — Working Capital to Net Assets Ratio
First Trust High Yield Opportunities 2027 Term Fund (FTHY) has a Working Capital to Net Assets ratio of -1.6% as of November 2025. Working capital of $-9.06 Million (current assets of $24.04K minus current liabilities of $9.09 Million) is measured against net assets of $549.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See First Trust High Yield Opportunities 202 (FTHY) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
First Trust High Yield Opportunities 2027 Term Fund Working Capital to Net Assets (2021–2025)
This chart shows how First Trust High Yield Opportunities 2027 Term Fund's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of November 2025, the ratio stands at -1.6%, reflecting working capital of $-9.06 Million against net assets of $549.59 Million USD. See First Trust High Yield Opportunities 202 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for First Trust High Yield Opportunities 2027 Term Fund (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for First Trust High Yield Opportunities 2027 Term Fund from 2021 to 2025, covering 5 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 First Trust High Yield Opportunities 202 (FTHY) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.8% | $-10.14 Million | $552.49 Million | $18.70 Million | $28.83 Million | ▼ -3.4 pp |
| 2024 | 1.6% | $8.88 Million | $563.09 Million | $17.02 Million | $8.14 Million | ▲ +1.2 pp |
| 2023 | 0.4% | $2.34 Million | $566.40 Million | $12.31 Million | $9.97 Million | ▼ -1.7 pp |
| 2022 | 2.1% | $13.60 Million | $642.78 Million | $16.38 Million | $2.78 Million | ▲ +2.5 pp |
| 2021 | -0.4% | $-3.00 Million | $776.14 Million | $17.36 Million | $20.36 Million | — |