Franco-Nevada Corporation (FNV) — Working Capital to Net Assets Ratio
Franco-Nevada Corporation (FNV) has a Working Capital to Net Assets ratio of 15.0% as of June 2026. Working capital of CA$1.24 Billion (current assets of CA$1.39 Billion minus current liabilities of CA$147.76 Million) is measured against net assets of CA$8.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Franco-Nevada Corporation to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Franco-Nevada Corporation Working Capital to Net Assets (2007–2025)
This chart shows how Franco-Nevada Corporation's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of June 2026, the ratio stands at 15.0%, reflecting working capital of CA$1.24 Billion against net assets of CA$8.23 Billion CAD. For the complete balance sheet picture, see Franco-Nevada Corporation total assets.
Annual Working Capital to Net Assets for Franco-Nevada Corporation (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Franco-Nevada Corporation from 2007 to 2025, 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 FNV financial resilience 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 | 11.8% | CA$896.37 Million | CA$7.62 Billion | CA$1.02 Billion | CA$122.78 Million | ▼ -15.7 pp |
| 2024 | 27.5% | CA$1.65 Billion | CA$6.00 Billion | CA$1.72 Billion | CA$67.50 Million | ▲ +0.2 pp |
| 2023 | 27.3% | CA$1.58 Billion | CA$5.77 Billion | CA$1.62 Billion | CA$39.20 Million | ▲ +6.6 pp |
| 2022 | 20.8% | CA$1.33 Billion | CA$6.42 Billion | CA$1.38 Billion | CA$50.20 Million | ▲ +9.0 pp |
| 2021 | 11.8% | CA$708.20 Million | CA$6.03 Billion | CA$751.40 Million | CA$43.20 Million | ▲ +0.5 pp |
| 2020 | 11.2% | CA$610.50 Million | CA$5.44 Billion | CA$663.70 Million | CA$53.20 Million | ▲ +6.8 pp |
| 2019 | 4.5% | CA$225.30 Million | CA$5.06 Billion | CA$278.70 Million | CA$53.40 Million | ▲ +1.1 pp |
| 2018 | 3.3% | CA$153.50 Million | CA$4.63 Billion | CA$178.50 Million | CA$25.00 Million | ▼ -9.3 pp |
| 2017 | 12.6% | CA$593.80 Million | CA$4.71 Billion | CA$616.40 Million | CA$22.60 Million | ▲ +4.8 pp |
| 2016 | 7.8% | CA$323.60 Million | CA$4.15 Billion | CA$361.20 Million | CA$37.60 Million | ▼ -0.2 pp |
| 2015 | 8.0% | CA$253.90 Million | CA$3.16 Billion | CA$274.70 Million | CA$20.80 Million | ▼ -11.9 pp |
| 2014 | 19.9% | CA$677.80 Million | CA$3.41 Billion | CA$698.90 Million | CA$21.10 Million | ▼ -9.2 pp |
| 2013 | 29.1% | CA$861.20 Million | CA$2.96 Billion | CA$912.30 Million | CA$51.10 Million | ▲ +2.9 pp |
| 2012 | 26.1% | CA$822.40 Million | CA$3.15 Billion | CA$879.20 Million | CA$56.80 Million | ▼ -3.9 pp |
| 2011 | 30.0% | CA$851.10 Million | CA$2.83 Billion | CA$894.40 Million | CA$43.30 Million | ▲ +2.8 pp |
| 2010 | 27.2% | CA$572.68 Million | CA$2.10 Billion | CA$599.05 Million | CA$26.37 Million | ▼ -0.3 pp |
| 2009 | 27.5% | CA$530.70 Million | CA$1.93 Billion | CA$540.18 Million | CA$9.48 Million | ▲ +10.8 pp |
| 2008 | 16.7% | CA$239.06 Million | CA$1.43 Billion | CA$248.37 Million | CA$9.31 Million | ▲ +15.6 pp |
| 2007 | 1.1% | CA$14.04 Million | CA$1.29 Billion | CA$17.96 Million | CA$3.92 Million | — |