Fortune Minerals Limited Working Capital to Net Assets Ratio
Fortune Minerals Limited working capital to net assets ratio. Fortune Minerals Limited (FT) has a Working Capital to Net Assets ratio of 207.7% as of June 2026. Working capital of CA$-11.89 Million (current assets of CA$3.08 Million minus current liabilities of CA$14.96 Million) is measured against net assets of CA$-5.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check FT goodwill-adjusted equity 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 Fortune Minerals Limited (1996–2025)
Working capital to net assets ratio of Fortune Minerals Limited from 1996 to 2025. This chart shows how Fortune Minerals Limited's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of June 2026, the ratio stands at 207.7%, reflecting working capital of CA$-11.89 Million against net assets of CA$-5.72 Million CAD. See defensive interval ratio of Fortune Minerals Limited to measure how many days the company can operate on defensive assets alone.
Fortune Minerals Limited Working Capital to Net Assets Ratio by Year (1996–2025)
Fortune Minerals Limited working capital to net assets ratio by year from 1996 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Fortune Minerals Limited from 1996 to 2025, covering 30 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 FT asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 161.5% | CA$-16.19 Million | CA$-10.03 Million | CA$3.93 Million | CA$20.13 Million | ▲ +43.3 pp |
| 2024 | 118.2% | CA$-13.47 Million | CA$-11.40 Million | CA$2.48 Million | CA$15.95 Million | ▲ +12.3 pp |
| 2023 | 105.8% | CA$-8.96 Million | CA$-8.46 Million | CA$759.74K | CA$9.72 Million | ▲ +127.0 pp |
| 2022 | -21.2% | CA$-8.03 Million | CA$37.87 Million | CA$238.29K | CA$8.27 Million | ▼ -5.8 pp |
| 2021 | -15.4% | CA$-9.82 Million | CA$63.86 Million | CA$2.09 Million | CA$11.91 Million | ▼ -16.5 pp |
| 2020 | 1.1% | CA$728.51K | CA$64.18 Million | CA$1.23 Million | CA$499.81K | ▼ -2.1 pp |
| 2019 | 3.2% | CA$2.13 Million | CA$65.77 Million | CA$2.68 Million | CA$541.81K | ▼ -1.9 pp |
| 2018 | 5.2% | CA$3.47 Million | CA$67.23 Million | CA$3.79 Million | CA$321.91K | ▼ -9.2 pp |
| 2017 | 14.4% | CA$8.32 Million | CA$57.75 Million | CA$8.83 Million | CA$506.45K | ▲ +12.9 pp |
| 2016 | 1.5% | CA$889.33K | CA$57.70 Million | CA$1.07 Million | CA$179.75K | ▲ +1.6 pp |
| 2015 | -0.1% | CA$-58.55K | CA$63.02 Million | CA$312.17K | CA$370.71K | ▲ +65.3 pp |
| 2014 | -65.4% | CA$-68.23 Million | CA$104.33 Million | CA$7.43 Million | CA$75.67 Million | ▼ -77.2 pp |
| 2013 | 11.8% | CA$11.13 Million | CA$93.96 Million | CA$15.73 Million | CA$4.61 Million | ▼ -1.0 pp |
| 2012 | 12.8% | CA$16.17 Million | CA$126.17 Million | CA$20.96 Million | CA$4.79 Million | ▼ -8.2 pp |
| 2011 | 21.0% | CA$27.47 Million | CA$131.02 Million | CA$33.23 Million | CA$5.76 Million | ▲ +13.9 pp |
| 2010 | 7.1% | CA$8.23 Million | CA$116.54 Million | CA$9.72 Million | CA$1.49 Million | ▼ -9.4 pp |
| 2009 | 16.4% | CA$17.95 Million | CA$109.28 Million | CA$21.73 Million | CA$3.79 Million | ▲ +9.1 pp |
| 2008 | 7.4% | CA$6.49 Million | CA$88.13 Million | CA$9.33 Million | CA$2.84 Million | ▼ -20.2 pp |
| 2007 | 27.6% | CA$22.68 Million | CA$82.13 Million | CA$24.00 Million | CA$1.32 Million | ▲ +3.5 pp |
| 2006 | 24.1% | CA$12.52 Million | CA$51.89 Million | CA$13.64 Million | CA$1.11 Million | ▼ -31.8 pp |
| 2005 | 55.9% | CA$23.62 Million | CA$42.26 Million | CA$24.33 Million | CA$716.04K | ▼ -13.1 pp |
| 2004 | 69.0% | CA$24.62 Million | CA$35.69 Million | CA$25.38 Million | CA$759.64K | ▲ +38.0 pp |
| 2003 | 30.9% | CA$4.59 Million | CA$14.83 Million | CA$4.76 Million | CA$174.86K | ▲ +19.3 pp |
| 2002 | 11.7% | CA$1.18 Million | CA$10.15 Million | CA$1.26 Million | CA$77.85K | ▼ -29.8 pp |
| 2001 | 41.5% | CA$3.81 Million | CA$9.17 Million | CA$3.90 Million | CA$91.11K | ▼ -4.0 pp |
| 2000 | 45.5% | CA$4.25 Million | CA$9.33 Million | CA$4.34 Million | CA$94.06K | ▲ +1.9 pp |
| 1999 | 43.7% | CA$5.20 Million | CA$11.90 Million | CA$5.40 Million | CA$200.00K | ▲ +18.0 pp |
| 1998 | 25.7% | CA$2.90 Million | CA$11.30 Million | CA$3.00 Million | CA$100.00K | ▼ -37.8 pp |
| 1997 | 63.4% | CA$5.20 Million | CA$8.20 Million | CA$5.40 Million | CA$200.00K | ▼ -21.8 pp |
| 1996 | 85.2% | CA$4.60 Million | CA$5.40 Million | CA$4.70 Million | CA$100.00K | — |