Clearmind Medicine Inc. Common Shares (CMND) — Working Capital to Net Assets Ratio
Clearmind Medicine Inc. Common Shares (CMND) has a Working Capital to Net Assets ratio of 98.5% as of January 2026. Working capital of $8.11 Million (current assets of $11.01 Million minus current liabilities of $2.90 Million) is measured against net assets of $8.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Clearmind Medicine Inc. Common Shares 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
Clearmind Medicine Inc. Common Shares Working Capital to Net Assets (2014–2025)
This chart shows how Clearmind Medicine Inc. Common Shares's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of January 2026, the ratio stands at 98.5%, reflecting working capital of $8.11 Million against net assets of $8.23 Million USD. For the complete balance sheet picture, see Clearmind Medicine Inc. Common Shares total assets.
Annual Working Capital to Net Assets for Clearmind Medicine Inc. Common Shares (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Clearmind Medicine Inc. Common Shares from 2014 to 2025, covering 12 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. Check Clearmind Medicine Inc. Common Shares liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 88.7% | $1.06 Million | $1.19 Million | $5.95 Million | $4.89 Million | ▼ -6.5 pp |
| 2024 | 95.1% | $4.12 Million | $4.33 Million | $9.87 Million | $5.75 Million | ▲ +11.3 pp |
| 2023 | 83.9% | $824.76K | $983.47K | $5.79 Million | $4.97 Million | ▼ -51.6 pp |
| 2022 | 135.4% | $-2.03 Million | $-1.50 Million | $590.01K | $2.62 Million | ▲ +40.4 pp |
| 2021 | 95.0% | $3.68 Million | $3.87 Million | $3.97 Million | $288.19K | ▲ +31.0 pp |
| 2020 | 64.0% | $239.90K | $374.78K | $249.93K | $10.03K | ▲ +94.5 pp |
| 2019 | -30.5% | $-30.97K | $101.63K | $2.88K | $33.85K | ▼ -61.6 pp |
| 2018 | 31.2% | $56.78K | $182.24K | $62.61K | $5.83K | ▼ -39.8 pp |
| 2017 | 70.9% | $35.00K | $49.36K | $86.29K | $51.28K | ▼ -29.1 pp |
| 2016 | 100.0% | $-45.71K | $-45.71K | $4.30K | $50.01K | ▲ +0.0 pp |
| 2015 | 100.0% | $-21.49K | $-21.49K | $270.00 | $21.76K | ▲ +0.0 pp |
| 2014 | 100.0% | $-18.64K | $-18.64K | $12.79K | $31.43K | — |