Spearmint Resources Inc (SQH) — 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. See Spearmint Resources Inc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spearmint Resources Inc Working Capital to Net Assets (2018–2025)
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. Check Spearmint Resources Inc (SQH) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Spearmint Resources Inc (2018–2025)
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 live market cap and the full company profile, see market value of Spearmint Resources Inc.
| 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 | — |