Spearmint Resources Inc Working Capital to Net Assets Ratio
Spearmint Resources Inc working capital to net assets ratio. Spearmint Resources Inc (SQH) has a Working Capital to Net Assets ratio of -9.0% as of April 2025. Working capital of €-166.50K (current assets of €133.81K minus current liabilities of €300.31K) is measured against net assets of €1.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check SQH 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 Spearmint Resources Inc (2018–2025)
Working capital to net assets ratio of Spearmint Resources Inc from 2018 to 2025. This chart shows how Spearmint Resources Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of April 2025, the ratio stands at -9.0%, reflecting working capital of €-166.50K against net assets of €1.84 Million EUR. See SQH defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Spearmint Resources Inc Working Capital to Net Assets Ratio by Year (2018–2025)
Spearmint Resources Inc working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Spearmint Resources Inc from 2018 to 2025, covering 8 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 Spearmint Resources Inc total assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2.6% | €-50.94K | €1.95 Million | €193.53K | €244.47K | ▼ -6.4 pp |
| 2024 | 3.8% | €149.26K | €3.89 Million | €203.23K | €53.97K | ▼ -16.7 pp |
| 2023 | 20.5% | €872.64K | €4.25 Million | €938.46K | €65.81K | ▼ -12.9 pp |
| 2022 | 33.4% | €1.59 Million | €4.76 Million | €2.37 Million | €782.18K | ▼ -12.3 pp |
| 2021 | 45.7% | €1.69 Million | €3.70 Million | €1.97 Million | €279.51K | ▲ +74.4 pp |
| 2020 | -28.7% | €-347.39K | €1.21 Million | €153.42K | €500.81K | ▼ -38.2 pp |
| 2019 | 9.6% | €135.34K | €1.41 Million | €238.35K | €103.02K | ▼ -20.3 pp |
| 2018 | 29.9% | €268.53K | €897.56K | €917.02K | €648.49K | — |