Franco-Nevada Corporation (FNV) — Working Capital to Net Assets Ratio
Franco-Nevada Corporation (FNV) has a Working Capital to Net Assets ratio of 11.8% as of December 2025. Working capital of CA$896.37 Million (current assets of CA$1.02 Billion minus current liabilities of CA$122.78 Million) is measured against net assets of CA$7.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See FNV financial flexibility score to measure the company's free cash flow as a share of total liabilities.
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 December 2025, the ratio stands at 11.8%, reflecting working capital of CA$896.37 Million against net assets of CA$7.62 Billion CAD. See Franco-Nevada Corporation (FNV) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see how much is Franco-Nevada Corporation worth.
| 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 | — |