Intact Financial Corporation (IFC) — Working Capital to Net Assets Ratio
Intact Financial Corporation (IFC) has a Working Capital to Net Assets ratio of 103.4% as of December 2025. Working capital of CA$21.55 Billion (current assets of CA$25.76 Billion minus current liabilities of CA$4.22 Billion) is measured against net assets of CA$20.84 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IFC equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Intact Financial Corporation Working Capital to Net Assets (2003–2025)
This chart shows how Intact Financial Corporation's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 103.4%, reflecting working capital of CA$21.55 Billion against net assets of CA$20.84 Billion CAD. Check IFC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Intact Financial Corporation (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Intact Financial Corporation from 2003 to 2025, covering 20 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 Intact Financial Corporation market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 103.4% | CA$21.55 Billion | CA$20.84 Billion | CA$25.76 Billion | CA$4.22 Billion | ▲ +4.2 pp |
| 2024 | 99.2% | CA$18.00 Billion | CA$18.15 Billion | CA$19.85 Billion | CA$1.86 Billion | ▼ -0.4 pp |
| 2023 | 99.6% | CA$16.41 Billion | CA$16.48 Billion | CA$18.75 Billion | CA$2.35 Billion | ▼ -95.7 pp |
| 2022 | 195.3% | CA$31.49 Billion | CA$16.13 Billion | CA$33.94 Billion | CA$2.45 Billion | ▲ +256.7 pp |
| 2021 | -61.4% | CA$-17.29 Billion | CA$28.15 Billion | CA$4.32 Billion | CA$21.61 Billion | ▲ +5.6 pp |
| 2020 | -67.0% | CA$-6.42 Billion | CA$9.58 Billion | CA$6.81 Billion | CA$13.23 Billion | ▼ -135.9 pp |
| 2019 | 68.9% | CA$6.02 Billion | CA$8.75 Billion | CA$6.43 Billion | CA$411.00 Million | ▲ +142.2 pp |
| 2018 | -73.4% | CA$-5.73 Billion | CA$7.81 Billion | CA$5.47 Billion | CA$11.20 Billion | ▲ +2.9 pp |
| 2017 | -76.2% | CA$-5.69 Billion | CA$7.46 Billion | CA$5.12 Billion | CA$10.81 Billion | ▲ +7.3 pp |
| 2016 | -83.5% | CA$-5.08 Billion | CA$6.09 Billion | CA$4.21 Billion | CA$9.30 Billion | ▲ +0.4 pp |
| 2015 | -83.9% | CA$-4.80 Billion | CA$5.73 Billion | CA$3.80 Billion | CA$8.60 Billion | ▲ +19.9 pp |
| 2014 | -103.8% | CA$-5.66 Billion | CA$5.46 Billion | CA$4.43 Billion | CA$10.09 Billion | ▲ +1.3 pp |
| 2013 | -105.1% | CA$-5.21 Billion | CA$4.95 Billion | CA$4.78 Billion | CA$9.99 Billion | ▼ -198.0 pp |
| 2012 | 92.9% | CA$4.54 Billion | CA$4.89 Billion | CA$4.55 Billion | CA$5.00 Million | ▲ +247.3 pp |
| 2011 | -154.4% | CA$-6.70 Billion | CA$4.34 Billion | CA$2.98 Billion | CA$9.68 Billion | ▼ -66.0 pp |
| 2008 | -88.4% | CA$-2.33 Billion | CA$2.63 Billion | CA$2.45 Billion | CA$4.77 Billion | ▼ -117.8 pp |
| 2006 | 29.5% | CA$1.01 Billion | CA$3.42 Billion | CA$1.82 Billion | CA$816.43 Million | ▲ +150.7 pp |
| 2005 | -121.3% | CA$-3.51 Billion | CA$2.89 Billion | CA$1.92 Billion | CA$5.42 Billion | ▲ +52.2 pp |
| 2004 | -173.5% | CA$-3.57 Billion | CA$2.06 Billion | CA$2.00 Billion | CA$5.57 Billion | ▼ -292.3 pp |
| 2003 | 118.8% | CA$1.18 Billion | CA$989.07 Million | CA$1.55 Billion | CA$376.86 Million | — |