North American Financial 15 Working Capital to Net Assets Ratio
North American Financial 15 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. Check North American Financial 15 tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of North American Financial 15 (2006–2024)
Working capital to net assets ratio of North American Financial 15 from 2006 to 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. See North American Financial 15 liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
North American Financial 15 Working Capital to Net Assets Ratio by Year (2006–2024)
North American Financial 15 working capital to net assets ratio by year from 2006 to 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. For the complete balance sheet picture, see North American Financial 15 asset portfolio.
| 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 | — |