Element Fleet Management Corp (EFN) — Working Capital to Net Assets Ratio
Element Fleet Management Corp (EFN) has a Working Capital to Net Assets ratio of 315.5% as of March 2026. Working capital of CA$8.51 Billion (current assets of CA$8.51 Billion minus current liabilities of CA$-5.47 Million) is measured against net assets of CA$2.70 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Element Fleet Management Corp (EFN) 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
Element Fleet Management Corp Working Capital to Net Assets (2009–2025)
This chart shows how Element Fleet Management Corp's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 315.5%, reflecting working capital of CA$8.51 Billion against net assets of CA$2.70 Billion CAD. See EFN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Element Fleet Management Corp (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Element Fleet Management Corp from 2009 to 2025, covering 17 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 how much is Element Fleet Management Corp worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 244.2% | CA$6.63 Billion | CA$2.72 Billion | CA$8.80 Billion | CA$2.17 Billion | ▲ +10.4 pp |
| 2024 | 233.8% | CA$6.51 Billion | CA$2.78 Billion | CA$8.18 Billion | CA$1.67 Billion | ▲ +144.2 pp |
| 2023 | 89.6% | CA$3.49 Billion | CA$3.90 Billion | CA$5.85 Billion | CA$2.36 Billion | ▼ -98.8 pp |
| 2022 | 188.4% | CA$6.94 Billion | CA$3.68 Billion | CA$8.79 Billion | CA$1.85 Billion | ▼ -11.0 pp |
| 2021 | 199.4% | CA$6.88 Billion | CA$3.45 Billion | CA$8.09 Billion | CA$1.21 Billion | ▼ -41.7 pp |
| 2020 | 241.1% | CA$9.12 Billion | CA$3.78 Billion | CA$10.19 Billion | CA$1.06 Billion | ▼ -66.8 pp |
| 2019 | 307.9% | CA$11.74 Billion | CA$3.81 Billion | CA$12.67 Billion | CA$924.94 Million | ▲ +114.3 pp |
| 2018 | 193.6% | CA$7.70 Billion | CA$3.98 Billion | CA$8.22 Billion | CA$518.87 Million | ▼ -15.8 pp |
| 2017 | 209.4% | CA$7.83 Billion | CA$3.74 Billion | CA$8.45 Billion | CA$615.43 Million | ▼ -37.6 pp |
| 2016 | 247.1% | CA$9.84 Billion | CA$3.98 Billion | CA$12.82 Billion | CA$2.98 Billion | ▲ +51.8 pp |
| 2015 | 195.3% | CA$11.17 Billion | CA$5.72 Billion | CA$16.41 Billion | CA$5.24 Billion | ▼ -109.9 pp |
| 2014 | 305.3% | CA$8.64 Billion | CA$2.83 Billion | CA$9.02 Billion | CA$379.31 Million | ▲ +344.5 pp |
| 2013 | -39.2% | CA$-567.20 Million | CA$1.45 Billion | CA$12.40 Million | CA$579.60 Million | ▲ +26.1 pp |
| 2012 | -65.4% | CA$-276.71 Million | CA$423.43 Million | CA$68.40 Million | CA$345.12 Million | ▼ -138.8 pp |
| 2011 | 73.4% | CA$175.07 Million | CA$238.40 Million | CA$180.93 Million | CA$5.86 Million | ▼ -392.7 pp |
| 2010 | 466.1% | CA$45.43 Million | CA$9.75 Million | CA$49.89 Million | CA$4.46 Million | ▼ -1226.6 pp |
| 2009 | 1692.7% | CA$5.97 Million | CA$352.73K | CA$6.34 Million | CA$369.00K | — |