First Trust High Yield Opportunities 2027 Term Fund Working Capital to Net Assets Ratio
First Trust High Yield Opportunities 2027 Term Fund 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. Check FTHY goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of First Trust High Yield Opportunities 2027 Term Fund (2021–2025)
Working capital to net assets ratio of First Trust High Yield Opportunities 2027 Term Fund from 2021 to 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 FTHY defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
First Trust High Yield Opportunities 2027 Term Fund Working Capital to Net Assets Ratio by Year (2021–2025)
First Trust High Yield Opportunities 2027 Term Fund working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see FTHY total assets.
| 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 | — |