ELEMENT 29 RESOURCES INC (2IK) — Working Capital to Net Assets Ratio
ELEMENT 29 RESOURCES INC (2IK) has a Working Capital to Net Assets ratio of 27.8% as of December 2025. Working capital of €6.35 Million (current assets of €7.81 Million minus current liabilities of €1.45 Million) is measured against net assets of €22.87 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ELEMENT 29 RESOURCES INC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ELEMENT 29 RESOURCES INC Working Capital to Net Assets (2021–2025)
This chart shows how ELEMENT 29 RESOURCES INC's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 27.8%, reflecting working capital of €6.35 Million against net assets of €22.87 Million EUR. For the complete balance sheet picture, see balance sheet size of ELEMENT 29 RESOURCES INC.
Annual Working Capital to Net Assets for ELEMENT 29 RESOURCES INC (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for ELEMENT 29 RESOURCES INC from 2021 to 2025, 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. Read 2IK total debt and obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.8% | €6.35 Million | €22.87 Million | €7.81 Million | €1.45 Million | ▲ +21.0 pp |
| 2024 | 6.8% | €875.59K | €12.84 Million | €1.33 Million | €459.39K | ▼ -1.5 pp |
| 2023 | 8.3% | €1.31 Million | €15.75 Million | €1.48 Million | €163.40K | ▲ +2.2 pp |
| 2022 | 6.2% | €868.93K | €14.08 Million | €1.33 Million | €460.74K | ▼ -35.9 pp |
| 2021 | 42.1% | €7.16 Million | €17.01 Million | €7.95 Million | €791.34K | — |