Fortune Bay Corp (FOR) — Working Capital to Net Assets Ratio
Fortune Bay Corp (FOR) has a Working Capital to Net Assets ratio of 16.6% as of March 2026. Working capital of CA$5.09 Million (current assets of CA$6.40 Million minus current liabilities of CA$1.31 Million) is measured against net assets of CA$30.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Fortune Bay Corp (FOR) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fortune Bay Corp Working Capital to Net Assets (2014–2025)
This chart shows how Fortune Bay Corp's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 16.6%, reflecting working capital of CA$5.09 Million against net assets of CA$30.77 Million CAD. For the complete balance sheet picture, see FOR asset base.
Annual Working Capital to Net Assets for Fortune Bay Corp (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fortune Bay Corp from 2014 to 2025, 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. Check Fortune Bay Corp 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 | 22.7% | CA$7.16 Million | CA$31.55 Million | CA$8.32 Million | CA$1.16 Million | ▲ +25.3 pp |
| 2024 | -2.6% | CA$-568.50K | CA$21.96 Million | CA$721.93K | CA$1.29 Million | ▼ -1.9 pp |
| 2023 | -0.7% | CA$-147.53K | CA$22.53 Million | CA$731.48K | CA$879.01K | ▼ -2.9 pp |
| 2022 | 2.3% | CA$515.43K | CA$22.88 Million | CA$713.92K | CA$198.49K | ▼ -23.0 pp |
| 2021 | 25.3% | CA$6.00 Million | CA$23.75 Million | CA$6.66 Million | CA$654.64K | ▲ +11.5 pp |
| 2020 | 13.8% | CA$2.48 Million | CA$18.00 Million | CA$3.13 Million | CA$651.75K | ▲ +18.7 pp |
| 2019 | -4.9% | CA$-715.57K | CA$14.47 Million | CA$63.37K | CA$778.94K | ▼ -4.5 pp |
| 2018 | -0.5% | CA$-72.59K | CA$15.04 Million | CA$139.15K | CA$211.75K | ▲ +1.3 pp |
| 2017 | -1.7% | CA$-258.41K | CA$14.80 Million | CA$84.73K | CA$343.14K | ▼ -4.7 pp |
| 2016 | 2.9% | CA$446.58K | CA$15.33 Million | CA$638.47K | CA$191.89K | ▲ +1.4 pp |
| 2015 | 1.5% | CA$222.45K | CA$14.96 Million | CA$411.05K | CA$188.60K | ▼ -2.0 pp |
| 2014 | 3.5% | CA$505.71K | CA$14.62 Million | CA$550.67K | CA$44.96K | — |