Fjordland Exploration Inc Working Capital to Net Assets Ratio
Fjordland Exploration Inc 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. Check Fjordland Exploration Inc (FEX) tangible 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 Fjordland Exploration Inc (2013–2024)
Working capital to net assets ratio of Fjordland Exploration Inc from 2013 to 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. See how many days can Fjordland Exploration Inc fund operations to measure how many days the company can operate on defensive assets alone.
Fjordland Exploration Inc Working Capital to Net Assets Ratio by Year (2013–2024)
Fjordland Exploration Inc working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see Fjordland Exploration Inc (FEX) total assets.
| 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 | — |