NORTHERN SHIELD RES INC. Working Capital to Net Assets Ratio
NORTHERN SHIELD RES INC. working capital to net assets ratio. NORTHERN SHIELD RES INC. (N9SA) has a Working Capital to Net Assets ratio of 10.9% as of June 2026. Working capital of €483.55K (current assets of €937.13K minus current liabilities of €453.58K) is measured against net assets of €4.42 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of NORTHERN SHIELD RES INC. 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 NORTHERN SHIELD RES INC. (2021–2025)
Working capital to net assets ratio of NORTHERN SHIELD RES INC. from 2021 to 2025. This chart shows how NORTHERN SHIELD RES INC.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 10.9%, reflecting working capital of €483.55K against net assets of €4.42 Million EUR. See NORTHERN SHIELD RES INC. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
NORTHERN SHIELD RES INC. Working Capital to Net Assets Ratio by Year (2021–2025)
NORTHERN SHIELD RES INC. working capital to net assets ratio by year from 2021 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for NORTHERN SHIELD RES 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. For the complete balance sheet picture, see balance sheet size of NORTHERN SHIELD RES INC..
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 13.8% | €510.65K | €3.69 Million | €1.02 Million | €511.27K | ▲ +21.2 pp |
| 2024 | -7.3% | €-168.97K | €2.30 Million | €502.61K | €671.58K | ▲ +1.5 pp |
| 2023 | -8.8% | €-459.98K | €5.20 Million | €356.65K | €816.62K | ▼ -4.6 pp |
| 2022 | -4.3% | €-222.27K | €5.21 Million | €339.25K | €561.51K | ▼ -8.0 pp |
| 2021 | 3.7% | €199.11K | €5.38 Million | €533.12K | €334.01K | — |