Fortune Bay Corp Working Capital to Net Assets Ratio
Fortune Bay Corp working capital to net assets ratio. Fortune Bay Corp (FOR) has a Working Capital to Net Assets ratio of 15.2% as of June 2026. Working capital of CA$4.80 Million (current assets of CA$7.00 Million minus current liabilities of CA$2.21 Million) is measured against net assets of CA$31.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Fortune Bay Corp tangible net worth 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 Fortune Bay Corp (2014–2025)
Working capital to net assets ratio of Fortune Bay Corp from 2014 to 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 June 2026, the ratio stands at 15.2%, reflecting working capital of CA$4.80 Million against net assets of CA$31.59 Million CAD. See how many days can Fortune Bay Corp fund operations to measure how many days the company can operate on defensive assets alone.
Fortune Bay Corp Working Capital to Net Assets Ratio by Year (2014–2025)
Fortune Bay Corp working capital to net assets ratio by year from 2014 to 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. For the complete balance sheet picture, see FOR total asset value.
| 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 | — |