MFA Financial Inc (MFA) — Working Capital to Net Assets Ratio
MFA Financial Inc (MFA) has a Working Capital to Net Assets ratio of 23.9% as of June 2026. Working capital of $424.84 Million (current assets of $426.12 Million minus current liabilities of $1.28 Million) is measured against net assets of $1.78 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See MFA Financial Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MFA Financial Inc Working Capital to Net Assets (1998–2025)
This chart shows how MFA Financial Inc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 23.9%, reflecting working capital of $424.84 Million against net assets of $1.78 Billion USD. For the complete balance sheet picture, see MFA asset base.
Annual Working Capital to Net Assets for MFA Financial Inc (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MFA Financial Inc from 1998 to 2025, covering 28 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 MFA asset liquidity 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) |
|---|---|---|---|---|---|---|
| 2025 | 15.0% | $273.97 Million | $1.83 Billion | $506.66 Million | $232.69 Million | ▼ -486.3 pp |
| 2024 | 501.3% | $9.23 Billion | $1.84 Billion | $9.55 Billion | $313.50 Million | ▲ +484.5 pp |
| 2023 | 16.8% | $318.76 Million | $1.90 Billion | $611.22 Million | $292.45 Million | ▲ +1.1 pp |
| 2022 | 15.6% | $311.14 Million | $1.99 Billion | $334.18 Million | $23.04 Million | ▲ +11.0 pp |
| 2021 | 4.7% | $118.80 Million | $2.54 Billion | $354.89 Million | $236.09 Million | ▼ -19.8 pp |
| 2020 | 24.4% | $616.91 Million | $2.52 Billion | $853.20 Million | $236.29 Million | ▲ +22.9 pp |
| 2019 | 1.5% | $52.39 Million | $3.38 Billion | $70.63 Million | $18.24 Million | ▲ +234.6 pp |
| 2018 | -233.0% | $-7.96 Billion | $3.42 Billion | $51.97 Million | $8.01 Billion | ▼ -13.9 pp |
| 2017 | -219.1% | $-7.15 Billion | $3.26 Billion | $449.76 Million | $7.60 Billion | ▲ +80.6 pp |
| 2016 | -299.7% | $-9.09 Billion | $3.03 Billion | $260.11 Million | $9.35 Billion | ▲ +34.3 pp |
| 2015 | -334.0% | $-9.91 Billion | $2.97 Billion | $165.01 Million | $10.08 Billion | ▼ -60.6 pp |
| 2014 | -273.4% | $-8.76 Billion | $3.20 Billion | $182.44 Million | $8.94 Billion | ▲ +8.7 pp |
| 2013 | -282.1% | $-8.86 Billion | $3.14 Billion | $124.00K | $8.86 Billion | ▼ -281.9 pp |
| 2012 | -0.2% | $-7.37 Million | $3.31 Billion | $127.00K | $7.50 Million | ▲ +0.1 pp |
| 2011 | -0.4% | $-8.98 Million | $2.50 Billion | $136.00K | $9.11 Million | ▲ +285.7 pp |
| 2010 | -286.0% | $-6.44 Billion | $2.25 Billion | $385.00K | $6.44 Billion | ▲ +27.4 pp |
| 2009 | -313.5% | $-6.80 Billion | $2.17 Billion | $653.46 Million | $7.45 Billion | ▲ +403.6 pp |
| 2008 | -717.0% | $-9.01 Billion | $1.26 Billion | $361.17 Million | $9.38 Billion | ▲ +84.8 pp |
| 2007 | -801.9% | $-7.44 Billion | $927.26 Million | $234.41 Million | $7.67 Billion | ▲ +39.3 pp |
| 2006 | -841.2% | $-5.71 Billion | $678.56 Million | $47.20 Million | $5.75 Billion | ▼ -69.9 pp |
| 2005 | -771.2% | $-5.10 Billion | $661.10 Million | $64.30 Million | $5.16 Billion | ▲ +64.8 pp |
| 2004 | -836.1% | $-6.09 Billion | $728.83 Million | $68.34 Million | $6.16 Billion | ▼ -30.9 pp |
| 2003 | -805.2% | $-3.90 Billion | $484.96 Million | $159.22 Million | $4.06 Billion | ▲ +39.0 pp |
| 2002 | -844.1% | $-3.13 Billion | $371.20 Million | $83.56 Million | $3.22 Billion | ▼ -873.4 pp |
| 2001 | 29.2% | $59.49 Million | $203.62 Million | $70.87 Million | $11.39 Million | ▲ +14.5 pp |
| 2000 | 14.7% | $10.29 Million | $69.91 Million | $12.33 Million | $2.04 Million | ▼ -20.3 pp |
| 1999 | 35.1% | $23.70 Million | $67.60 Million | $26.50 Million | $2.80 Million | ▲ +25.6 pp |
| 1998 | 9.4% | $6.70 Million | $71.00 Million | $7.50 Million | $800.00K | — |