North American Financial 15 (FFN) — Working Capital to Net Assets Ratio
North American Financial 15 (FFN) has a Working Capital to Net Assets ratio of 20.4% as of November 2024. Working capital of CA$98.39 Million (current assets of CA$110.56 Million minus current liabilities of CA$12.16 Million) is measured against net assets of CA$481.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See North American Financial 15 (FFN) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
North American Financial 15 Working Capital to Net Assets (2006–2024)
This chart shows how North American Financial 15's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of November 2024, the ratio stands at 20.4%, reflecting working capital of CA$98.39 Million against net assets of CA$481.62 Million CAD. For the complete balance sheet picture, see FFN current and non-current assets.
Annual Working Capital to Net Assets for North American Financial 15 (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for North American Financial 15 from 2006 to 2024, covering 19 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 North American Financial 15 asset resilience 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) |
|---|---|---|---|---|---|---|
| 2024 | 20.4% | CA$98.39 Million | CA$481.62 Million | CA$110.56 Million | CA$12.16 Million | ▼ -6.8 pp |
| 2023 | 27.2% | CA$54.60 Million | CA$200.55 Million | CA$64.47 Million | CA$9.87 Million | ▼ -2.3 pp |
| 2022 | 29.5% | CA$81.43 Million | CA$276.12 Million | CA$92.24 Million | CA$10.81 Million | ▲ +7.4 pp |
| 2021 | 22.1% | CA$51.18 Million | CA$231.47 Million | CA$58.29 Million | CA$7.12 Million | ▼ -11.7 pp |
| 2020 | 33.9% | CA$21.97 Million | CA$64.90 Million | CA$22.93 Million | CA$960.16K | ▲ +22.3 pp |
| 2019 | 11.5% | CA$13.75 Million | CA$119.08 Million | CA$16.90 Million | CA$3.15 Million | ▼ -258.2 pp |
| 2018 | 269.7% | CA$298.40 Million | CA$110.63 Million | CA$301.93 Million | CA$3.53 Million | ▲ +29.1 pp |
| 2017 | 240.7% | CA$302.39 Million | CA$125.63 Million | CA$309.00 Million | CA$6.62 Million | ▲ +233.2 pp |
| 2016 | 7.5% | CA$4.99 Million | CA$66.75 Million | CA$6.99 Million | CA$1.99 Million | ▼ -244.5 pp |
| 2015 | 252.0% | CA$147.83 Million | CA$58.66 Million | CA$150.42 Million | CA$2.59 Million | ▲ +11.8 pp |
| 2014 | 240.3% | CA$129.24 Million | CA$53.79 Million | CA$131.15 Million | CA$1.90 Million | ▲ +221.6 pp |
| 2013 | 18.6% | CA$6.86 Million | CA$36.86 Million | CA$9.63 Million | CA$2.77 Million | ▼ -18.6 pp |
| 2012 | 37.2% | CA$7.21 Million | CA$19.37 Million | CA$10.09 Million | CA$2.89 Million | ▼ -16.2 pp |
| 2011 | 53.4% | CA$6.79 Million | CA$12.71 Million | CA$6.86 Million | CA$74.46K | ▲ +11.0 pp |
| 2010 | 42.5% | CA$11.11 Million | CA$26.16 Million | CA$11.19 Million | CA$84.94K | ▲ +38.6 pp |
| 2009 | 3.9% | CA$1.16 Million | CA$30.14 Million | CA$1.27 Million | CA$105.57K | ▼ -1.3 pp |
| 2008 | 5.1% | CA$1.02 Million | CA$19.83 Million | CA$1.09 Million | CA$73.40K | ▼ -1.9 pp |
| 2007 | 7.0% | CA$6.22 Million | CA$88.45 Million | CA$6.42 Million | CA$196.82K | ▼ -4.7 pp |
| 2006 | 11.7% | CA$13.01 Million | CA$110.86 Million | CA$13.25 Million | CA$244.63K | — |