Fairfax Financial Holdings Ltd (FFH) — Working Capital to Net Assets Ratio
Fairfax Financial Holdings Ltd (FFH) has a Working Capital to Net Assets ratio of 47.6% as of March 2026. Working capital of CA$14.59 Billion (current assets of CA$23.41 Billion minus current liabilities of CA$8.82 Billion) is measured against net assets of CA$30.66 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Fairfax Financial Holdings Ltd (FFH) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fairfax Financial Holdings Ltd Working Capital to Net Assets (1993–2023)
This chart shows how Fairfax Financial Holdings Ltd's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1993 to 2023. As of March 2026, the ratio stands at 47.6%, reflecting working capital of CA$14.59 Billion against net assets of CA$30.66 Billion CAD. See how many days can Fairfax Financial Holdings Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Fairfax Financial Holdings Ltd (1993–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fairfax Financial Holdings Ltd from 1993 to 2023, 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. For live market cap and the full company profile, see Fairfax Financial Holdings Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 27.3% | CA$7.56 Billion | CA$27.70 Billion | CA$10.52 Billion | CA$2.96 Billion | ▼ -96.1 pp |
| 2022 | 123.4% | CA$25.09 Billion | CA$20.34 Billion | CA$36.06 Billion | CA$10.97 Billion | ▼ -37.0 pp |
| 2021 | 160.4% | CA$34.19 Billion | CA$21.32 Billion | CA$44.32 Billion | CA$10.13 Billion | ▲ +29.0 pp |
| 2020 | 131.4% | CA$23.03 Billion | CA$17.53 Billion | CA$32.65 Billion | CA$9.62 Billion | ▲ +6.0 pp |
| 2019 | 125.4% | CA$22.46 Billion | CA$17.91 Billion | CA$26.68 Billion | CA$4.22 Billion | ▲ +120.9 pp |
| 2018 | 4.5% | CA$780.20 Million | CA$17.37 Billion | CA$18.37 Billion | CA$17.59 Billion | ▼ -60.9 pp |
| 2017 | 65.4% | CA$12.04 Billion | CA$18.41 Billion | CA$28.96 Billion | CA$16.93 Billion | ▲ +20.2 pp |
| 2016 | 45.2% | CA$5.34 Billion | CA$11.82 Billion | CA$17.21 Billion | CA$11.87 Billion | ▼ -57.4 pp |
| 2015 | 102.5% | CA$12.32 Billion | CA$12.02 Billion | CA$15.20 Billion | CA$2.88 Billion | ▼ -1.8 pp |
| 2014 | 104.3% | CA$10.17 Billion | CA$9.74 Billion | CA$12.69 Billion | CA$2.53 Billion | ▼ -54.8 pp |
| 2013 | 159.2% | CA$13.47 Billion | CA$8.46 Billion | CA$15.73 Billion | CA$2.27 Billion | ▲ +13.1 pp |
| 2012 | 146.1% | CA$12.99 Billion | CA$8.89 Billion | CA$15.37 Billion | CA$2.38 Billion | ▲ +71.4 pp |
| 2011 | 74.7% | CA$6.28 Billion | CA$8.41 Billion | CA$7.93 Billion | CA$1.66 Billion | ▲ +8.3 pp |
| 2010 | 66.4% | CA$5.80 Billion | CA$8.74 Billion | CA$7.07 Billion | CA$1.27 Billion | ▲ +16.1 pp |
| 2009 | 50.2% | CA$3.89 Billion | CA$7.74 Billion | CA$5.10 Billion | CA$1.21 Billion | ▼ -66.5 pp |
| 2008 | 116.7% | CA$7.41 Billion | CA$6.35 Billion | CA$8.76 Billion | CA$1.35 Billion | ▼ -14.3 pp |
| 2006 | 131.0% | CA$5.44 Billion | CA$4.15 Billion | CA$5.51 Billion | CA$68.20 Million | ▼ -141.4 pp |
| 2005 | 272.5% | CA$9.97 Billion | CA$3.66 Billion | CA$10.04 Billion | CA$63.90 Million | ▼ -1.6 pp |
| 2004 | 274.1% | CA$10.39 Billion | CA$3.79 Billion | CA$10.48 Billion | CA$89.20 Million | ▼ -42.6 pp |
| 2003 | 316.7% | CA$10.64 Billion | CA$3.36 Billion | CA$10.65 Billion | CA$17.70 Million | ▼ -66.1 pp |
| 2002 | 382.8% | CA$9.87 Billion | CA$2.58 Billion | CA$9.90 Billion | CA$26.72 Million | ▼ -429.2 pp |
| 2001 | 812.0% | CA$21.94 Billion | CA$2.70 Billion | CA$21.97 Billion | CA$27.14 Million | ▲ +32.2 pp |
| 2000 | 779.8% | CA$20.90 Billion | CA$2.68 Billion | CA$20.93 Billion | CA$28.27 Million | ▲ +65.8 pp |
| 1997 | 714.0% | CA$7.07 Billion | CA$989.64 Million | CA$7.07 Billion | CA$419.28K | ▲ +103.4 pp |
| 1996 | 610.6% | CA$4.15 Billion | CA$680.04 Million | CA$4.15 Billion | CA$1.75 Million | ▲ +153.8 pp |
| 1995 | 456.8% | CA$1.65 Billion | CA$360.38 Million | CA$1.65 Billion | CA$5.57 Million | ▼ -52.3 pp |
| 1994 | 509.1% | CA$1.49 Billion | CA$291.74 Million | CA$1.49 Billion | CA$6.35 Million | ▲ +133.8 pp |
| 1993 | 375.3% | CA$841.72 Million | CA$224.25 Million | CA$849.65 Million | CA$7.93 Million | — |