CoinSmart Financial Inc (SMRT) — 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. See CoinSmart Financial Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CoinSmart Financial Inc Working Capital to Net Assets (2020–2022)
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 CoinSmart Financial Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for CoinSmart Financial Inc (2020–2022)
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 live market cap and the full company profile, see market value of CoinSmart Financial Inc.
| 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 | — |