AUXICO RESOURCES CANADA Working Capital to Net Assets Ratio
AUXICO RESOURCES CANADA working capital to net assets ratio. AUXICO RESOURCES CANADA (A0H) has a Working Capital to Net Assets ratio of 120.0% as of September 2023. Working capital of €-9.90 Million (current assets of €471.05K minus current liabilities of €10.37 Million) is measured against net assets of €-8.25 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See AUXICO RESOURCES CANADA net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of AUXICO RESOURCES CANADA (2021–2023)
Working capital to net assets ratio of AUXICO RESOURCES CANADA from 2021 to 2023. This chart shows how AUXICO RESOURCES CANADA's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of September 2023, the ratio stands at 120.0%, reflecting working capital of €-9.90 Million against net assets of €-8.25 Million EUR. See A0H days of operational coverage to measure how many days the company can operate on defensive assets alone.
AUXICO RESOURCES CANADA Working Capital to Net Assets Ratio by Year (2021–2023)
AUXICO RESOURCES CANADA working capital to net assets ratio by year from 2021 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for AUXICO RESOURCES CANADA from 2021 to 2023, covering 3 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 AUXICO RESOURCES CANADA asset portfolio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 120.0% | €-9.90 Million | €-8.25 Million | €471.05K | €10.37 Million | ▲ +53.7 pp |
| 2022 | 66.3% | €-20.09 Million | €-30.29 Million | €3.55 Million | €23.63 Million | ▲ +70.2 pp |
| 2021 | -3.8% | €2.86 Million | €-74.44 Million | €4.27 Million | €1.41 Million | — |