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 balance sheet independence to measure how much of total assets are equity-financed.
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. Check Fairfax Financial Holdings Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
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 (FFH) total market value.
| 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 | — |