CoinSmart Financial Inc Working Capital to Net Assets Ratio
CoinSmart Financial Inc working capital to net assets ratio. CoinSmart Financial Inc (SMRT) has a Working Capital to Net Assets ratio of 96.3% as of March 2023. Working capital of CA$8.45 Million (current assets of CA$69.34 Million minus current liabilities of CA$60.89 Million) is measured against net assets of CA$8.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check SMRT intangible-adjusted equity 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 CoinSmart Financial Inc (2020–2022)
Working capital to net assets ratio of CoinSmart Financial Inc from 2020 to 2022. This chart shows how CoinSmart Financial Inc's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2020 to 2022. As of March 2023, the ratio stands at 96.3%, reflecting working capital of CA$8.45 Million against net assets of CA$8.78 Million CAD. See SMRT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
CoinSmart Financial Inc Working Capital to Net Assets Ratio by Year (2020–2022)
CoinSmart Financial Inc working capital to net assets ratio by year from 2020 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for CoinSmart Financial Inc from 2020 to 2022, 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 SMRT asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 95.9% | CA$8.02 Million | CA$8.36 Million | CA$52.96 Million | CA$44.94 Million | ▼ -3.0 pp |
| 2021 | 98.9% | CA$18.59 Million | CA$18.80 Million | CA$82.62 Million | CA$64.03 Million | ▲ +5.4 pp |
| 2020 | 93.4% | CA$1.06 Million | CA$1.14 Million | CA$13.34 Million | CA$12.28 Million | — |