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$4.94 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of First Capital Real Estate Investment Tru to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
First Capital Real Estate Investment Trust Working Capital to Net Assets (2000–2025)
This chart shows how First Capital Real Estate Investment Trust's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at -7.1%, reflecting working capital of CA$-350.73 Million against net assets of CA$4.94 Billion CAD. See operational self-sufficiency of First Capital Real Estate Investment Tru to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for First Capital Real Estate Investment Trust (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for First Capital Real Estate Investment Trust from 2000 to 2025, covering 26 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see First Capital Real Estate Investment Tru market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -0.4% | CA$-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 | — |