First Capital Real Estate Investment Trust (FCR-UN) — Working Capital to Net Assets Ratio
First Capital Real Estate Investment Trust (FCR-UN) has a Working Capital to Net Assets ratio of -7.1% as of March 2026. Working capital of CA$-350.73 Million (current assets of CA$269.51 Million minus current liabilities of CA$620.24 Million) is measured against net assets of CA$4.94 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See First Capital Real Estate Investment Tru defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
First Capital Real Estate Investment Trust Working Capital to Net Assets (2000–2025)
This chart shows how First Capital Real Estate Investment Trust's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at -7.1%, reflecting working capital of CA$-350.73 Million against net assets of CA$4.94 Billion CAD. For the complete balance sheet picture, see First Capital Real Estate Investment Tru assets under control.
Annual Working Capital to Net Assets for First Capital Real Estate Investment Trust (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for First Capital Real Estate Investment Trust from 2000 to 2025, covering 26 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check financial resilience of First Capital Real Estate Investment Tru to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -0.4% | CA$-19.65 Million | CA$4.89 Billion | CA$550.35 Million | CA$570.00 Million | ▲ +1.2 pp |
| 2024 | -1.6% | CA$-64.90 Million | CA$4.01 Billion | CA$703.08 Million | CA$767.98 Million | ▲ +1.7 pp |
| 2023 | -3.3% | CA$-130.96 Million | CA$4.00 Billion | CA$567.40 Million | CA$698.36 Million | ▲ +4.2 pp |
| 2022 | -7.5% | CA$-324.16 Million | CA$4.34 Billion | CA$473.37 Million | CA$797.53 Million | ▼ -2.5 pp |
| 2021 | -5.0% | CA$-234.41 Million | CA$4.67 Billion | CA$556.87 Million | CA$791.27 Million | ▼ -3.4 pp |
| 2020 | -1.6% | CA$-69.56 Million | CA$4.26 Billion | CA$482.39 Million | CA$551.95 Million | ▲ +2.5 pp |
| 2019 | -4.2% | CA$-186.87 Million | CA$4.48 Billion | CA$314.06 Million | CA$500.93 Million | ▲ +0.0 pp |
| 2018 | -4.2% | CA$-210.84 Million | CA$5.01 Billion | CA$443.75 Million | CA$654.58 Million | ▲ +1.5 pp |
| 2017 | -5.7% | CA$-269.67 Million | CA$4.70 Billion | CA$302.90 Million | CA$572.58 Million | ▲ +7.4 pp |
| 2016 | -13.1% | CA$-555.37 Million | CA$4.23 Billion | CA$173.71 Million | CA$729.08 Million | ▼ -5.6 pp |
| 2015 | -7.6% | CA$-277.31 Million | CA$3.67 Billion | CA$170.35 Million | CA$447.65 Million | ▼ -3.5 pp |
| 2014 | -4.1% | CA$-142.31 Million | CA$3.50 Billion | CA$349.30 Million | CA$491.61 Million | ▲ +4.2 pp |
| 2013 | -8.3% | CA$-275.25 Million | CA$3.32 Billion | CA$340.24 Million | CA$615.49 Million | ▼ -7.5 pp |
| 2012 | -0.8% | CA$-26.02 Million | CA$3.25 Billion | CA$483.07 Million | CA$509.08 Million | ▲ +10.1 pp |
| 2011 | -10.9% | CA$-274.05 Million | CA$2.51 Billion | CA$221.19 Million | CA$495.24 Million | ▲ +8.2 pp |
| 2010 | -19.1% | CA$-350.55 Million | CA$1.84 Billion | CA$93.39 Million | CA$443.94 Million | ▼ -13.1 pp |
| 2009 | -6.0% | CA$-65.43 Million | CA$1.10 Billion | CA$57.37 Million | CA$122.80 Million | ▲ +10.5 pp |
| 2008 | -16.5% | CA$-178.60 Million | CA$1.08 Billion | CA$58.12 Million | CA$236.72 Million | ▼ -5.7 pp |
| 2007 | -10.8% | CA$-103.01 Million | CA$951.33 Million | CA$69.23 Million | CA$172.25 Million | ▼ -5.3 pp |
| 2006 | -5.6% | CA$-50.82 Million | CA$911.59 Million | CA$99.36 Million | CA$150.18 Million | ▲ +1.0 pp |
| 2005 | -6.6% | CA$-55.70 Million | CA$842.54 Million | CA$77.02 Million | CA$132.71 Million | ▼ -0.7 pp |
| 2004 | -5.9% | CA$-32.52 Million | CA$548.49 Million | CA$61.88 Million | CA$94.40 Million | ▼ -4.2 pp |
| 2003 | -1.8% | CA$-11.71 Million | CA$664.99 Million | CA$42.70 Million | CA$54.41 Million | ▲ +1.5 pp |
| 2002 | -3.3% | CA$-16.61 Million | CA$507.76 Million | CA$21.74 Million | CA$38.36 Million | ▼ -15.4 pp |
| 2001 | 12.2% | CA$49.81 Million | CA$409.57 Million | CA$81.16 Million | CA$31.35 Million | ▲ +3.2 pp |
| 2000 | 8.9% | CA$35.35 Million | CA$396.68 Million | CA$83.22 Million | CA$47.87 Million | — |