Fjordland Exploration Inc (FEX) — Working Capital to Net Assets Ratio
Fjordland Exploration Inc (FEX) has a Working Capital to Net Assets ratio of 197.7% as of September 2025. Working capital of CA$-113.11K (current assets of CA$12.22K minus current liabilities of CA$125.33K) is measured against net assets of CA$-57.22K. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Fjordland Exploration Inc's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fjordland Exploration Inc Working Capital to Net Assets (2013–2024)
This chart shows how Fjordland Exploration Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 197.7%, reflecting working capital of CA$-113.11K against net assets of CA$-57.22K CAD. Check Fjordland Exploration Inc (FEX) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Fjordland Exploration Inc (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fjordland Exploration Inc from 2013 to 2024, covering 12 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 market cap of Fjordland Exploration Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 60.1% | CA$84.14K | CA$140.03K | CA$258.61K | CA$174.47K | ▼ -21.9 pp |
| 2023 | 82.0% | CA$371.87K | CA$453.73K | CA$463.11K | CA$91.24K | ▲ +67.8 pp |
| 2022 | 14.2% | CA$668.53K | CA$4.71 Million | CA$947.99K | CA$279.45K | ▼ -22.0 pp |
| 2021 | 36.2% | CA$1.53 Million | CA$4.23 Million | CA$1.81 Million | CA$282.94K | ▲ +25.2 pp |
| 2020 | 11.0% | CA$249.01K | CA$2.27 Million | CA$315.25K | CA$66.25K | ▼ -18.1 pp |
| 2019 | 29.1% | CA$682.22K | CA$2.35 Million | CA$724.35K | CA$42.13K | ▼ -2.2 pp |
| 2018 | 31.3% | CA$792.18K | CA$2.53 Million | CA$832.50K | CA$40.32K | ▼ -2.0 pp |
| 2017 | 33.3% | CA$967.25K | CA$2.91 Million | CA$1.19 Million | CA$224.60K | ▲ +37.8 pp |
| 2016 | -4.5% | CA$-17.36K | CA$386.66K | CA$206.37K | CA$223.72K | ▲ +128.9 pp |
| 2015 | -133.3% | CA$-208.98K | CA$156.72K | CA$19.23K | CA$228.21K | ▼ -136.0 pp |
| 2014 | 2.7% | CA$10.30K | CA$384.85K | CA$216.91K | CA$206.61K | ▼ -2.5 pp |
| 2013 | 5.2% | CA$7.34K | CA$142.37K | CA$150.45K | CA$143.11K | — |