First Quantum Minerals Ltd Working Capital to Net Assets Ratio
First Quantum Minerals Ltd working capital to net assets ratio. First Quantum Minerals Ltd (FM) has a Working Capital to Net Assets ratio of 14.6% as of June 2026. Working capital of CA$1.69 Billion (current assets of CA$3.56 Billion minus current liabilities of CA$1.87 Billion) is measured against net assets of CA$11.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of First Quantum Minerals Ltd (1997–2025)
Working capital to net assets ratio of First Quantum Minerals Ltd from 1997 to 2025. This chart shows how First Quantum Minerals Ltd's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 14.6%, reflecting working capital of CA$1.69 Billion against net assets of CA$11.59 Billion CAD. Explore First Quantum Minerals Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.
First Quantum Minerals Ltd Working Capital to Net Assets Ratio by Year (1997–2025)
First Quantum Minerals Ltd working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for First Quantum Minerals Ltd from 1997 to 2025, covering 29 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 First Quantum Minerals Ltd assets under control.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 10.0% | CA$1.15 Billion | CA$11.54 Billion | CA$3.91 Billion | CA$2.75 Billion | ▼ -4.0 pp |
| 2024 | 14.0% | CA$1.67 Billion | CA$11.90 Billion | CA$3.22 Billion | CA$1.54 Billion | ▲ +0.6 pp |
| 2023 | 13.5% | CA$1.45 Billion | CA$10.78 Billion | CA$3.46 Billion | CA$2.01 Billion | ▼ -6.4 pp |
| 2022 | 19.9% | CA$2.43 Billion | CA$12.24 Billion | CA$4.17 Billion | CA$1.74 Billion | ▲ +0.2 pp |
| 2021 | 19.6% | CA$2.25 Billion | CA$11.49 Billion | CA$3.93 Billion | CA$1.68 Billion | ▲ +12.9 pp |
| 2020 | 6.7% | CA$673.00 Million | CA$10.04 Billion | CA$3.11 Billion | CA$2.44 Billion | ▲ +0.8 pp |
| 2019 | 5.9% | CA$629.00 Million | CA$10.66 Billion | CA$3.15 Billion | CA$2.52 Billion | ▼ -9.2 pp |
| 2018 | 15.1% | CA$1.62 Billion | CA$10.72 Billion | CA$3.26 Billion | CA$1.64 Billion | ▲ +4.0 pp |
| 2017 | 11.1% | CA$1.12 Billion | CA$10.13 Billion | CA$3.19 Billion | CA$2.07 Billion | ▲ +2.8 pp |
| 2016 | 8.3% | CA$849.00 Million | CA$10.29 Billion | CA$3.07 Billion | CA$2.22 Billion | ▼ -1.7 pp |
| 2015 | 10.0% | CA$1.06 Billion | CA$10.63 Billion | CA$2.16 Billion | CA$1.09 Billion | ▼ -7.5 pp |
| 2014 | 17.5% | CA$1.76 Billion | CA$10.09 Billion | CA$2.46 Billion | CA$697.10 Million | ▲ +9.4 pp |
| 2013 | 8.1% | CA$738.10 Million | CA$9.09 Billion | CA$2.54 Billion | CA$1.80 Billion | ▼ -15.5 pp |
| 2012 | 23.6% | CA$1.39 Billion | CA$5.88 Billion | CA$1.83 Billion | CA$443.60 Million | ▲ +5.6 pp |
| 2011 | 18.0% | CA$752.20 Million | CA$4.17 Billion | CA$1.37 Billion | CA$621.90 Million | ▼ -20.8 pp |
| 2010 | 38.8% | CA$1.21 Billion | CA$3.13 Billion | CA$2.18 Billion | CA$965.40 Million | ▲ +0.2 pp |
| 2009 | 38.6% | CA$1.11 Billion | CA$2.88 Billion | CA$1.84 Billion | CA$732.20 Million | ▲ +33.7 pp |
| 2008 | 5.0% | CA$85.40 Million | CA$1.71 Billion | CA$731.40 Million | CA$646.00 Million | ▼ -17.6 pp |
| 2007 | 22.6% | CA$406.30 Million | CA$1.80 Billion | CA$735.60 Million | CA$329.30 Million | ▼ -8.6 pp |
| 2006 | 31.1% | CA$362.88 Million | CA$1.17 Billion | CA$678.30 Million | CA$315.43 Million | ▲ +8.3 pp |
| 2005 | 22.8% | CA$88.82 Million | CA$389.23 Million | CA$273.21 Million | CA$184.39 Million | ▲ +1.6 pp |
| 2004 | 21.2% | CA$33.88 Million | CA$160.03 Million | CA$105.89 Million | CA$72.01 Million | ▲ +4.9 pp |
| 2003 | 16.2% | CA$13.80 Million | CA$85.09 Million | CA$47.87 Million | CA$34.06 Million | ▲ +6.5 pp |
| 2002 | 9.7% | CA$5.41 Million | CA$55.72 Million | CA$23.26 Million | CA$17.85 Million | ▲ +6.8 pp |
| 2001 | 2.9% | CA$1.42 Million | CA$48.67 Million | CA$49.51 Million | CA$48.09 Million | ▲ +18.8 pp |
| 2000 | -15.9% | CA$-5.33 Million | CA$33.56 Million | CA$37.07 Million | CA$42.40 Million | ▲ +29.3 pp |
| 1999 | -45.2% | CA$-11.13 Million | CA$24.64 Million | CA$6.52 Million | CA$17.65 Million | ▲ +47.2 pp |
| 1998 | -92.3% | CA$-21.19 Million | CA$22.96 Million | CA$8.61 Million | CA$29.80 Million | ▼ -60.3 pp |
| 1997 | -32.0% | CA$-9.56 Million | CA$29.86 Million | CA$11.80 Million | CA$21.36 Million | — |