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 30.5% as of June 2026. Working capital of CA$9.42 Billion (current assets of CA$18.56 Billion minus current liabilities of CA$9.14 Billion) is measured against net assets of CA$30.94 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See FFH days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fairfax Financial Holdings Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Fairfax Financial Holdings Ltd's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1993 to 2025. As of June 2026, the ratio stands at 30.5%, reflecting working capital of CA$9.42 Billion against net assets of CA$30.94 Billion CAD. For the complete balance sheet picture, see balance sheet size of Fairfax Financial Holdings Ltd.
Annual Working Capital to Net Assets for Fairfax Financial Holdings Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fairfax Financial Holdings Ltd from 1993 to 2025, covering 30 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 FFH cash and liquid asset ratio 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 | 43.6% | CA$13.44 Billion | CA$30.82 Billion | CA$23.92 Billion | CA$10.48 Billion | ▼ -9.2 pp |
| 2024 | 52.8% | CA$14.98 Billion | CA$28.35 Billion | CA$24.89 Billion | CA$9.91 Billion | ▲ +45.1 pp |
| 2023 | 7.7% | CA$2.14 Billion | CA$27.70 Billion | CA$10.52 Billion | CA$8.38 Billion | ▼ -115.6 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 | — |