Fredonia Mining Inc Working Capital to Net Assets Ratio
Fredonia Mining Inc working capital to net assets ratio. Fredonia Mining Inc (FRED) has a Working Capital to Net Assets ratio of 102.2% as of June 2025. Working capital of CA$-225.45K (current assets of CA$589.56K minus current liabilities of CA$815.01K) is measured against net assets of CA$-220.63K. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Fredonia Mining Inc (2020–2024)
Working capital to net assets ratio of Fredonia Mining Inc from 2020 to 2024. This chart shows how Fredonia Mining Inc's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 102.2%, reflecting working capital of CA$-225.45K against net assets of CA$-220.63K CAD. See Fredonia Mining Inc (FRED) liquidity interval to measure how many days the company can operate on defensive assets alone.
Fredonia Mining Inc Working Capital to Net Assets Ratio by Year (2020–2024)
Fredonia Mining Inc working capital to net assets ratio by year from 2020 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Fredonia Mining Inc from 2020 to 2024, covering 5 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 balance sheet size of Fredonia Mining Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 94.9% | CA$92.23K | CA$97.19K | CA$1.19 Million | CA$1.10 Million | ▼ -8.8 pp |
| 2023 | 103.7% | CA$-152.71K | CA$-147.31K | CA$418.94K | CA$571.64K | ▲ +75.3 pp |
| 2022 | 28.4% | CA$2.32 Million | CA$8.19 Million | CA$2.78 Million | CA$454.04K | ▼ -28.2 pp |
| 2021 | 56.6% | CA$2.28 Million | CA$4.03 Million | CA$3.56 Million | CA$1.28 Million | ▲ +167.8 pp |
| 2020 | -111.3% | CA$-565.84K | CA$508.60K | CA$12.92K | CA$578.76K | — |