Fortune Minerals Limited (FT) — 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. See Fortune Minerals Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fortune Minerals Limited Working Capital to Net Assets (1996–2025)
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. For the complete balance sheet picture, see balance sheet size of Fortune Minerals Limited.
Annual Working Capital to Net Assets for Fortune Minerals Limited (1996–2025)
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. Check Fortune Minerals Limited asset resilience ratio 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 | 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 | — |