Empire Petroleum Corp (EP) — Working Capital to Net Assets Ratio
Empire Petroleum Corp (EP) has a Working Capital to Net Assets ratio of -16.1% as of September 2025. Working capital of $-8.63 Million (current assets of $14.69 Million minus current liabilities of $23.31 Million) is measured against net assets of $53.66 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Empire Petroleum Corp (EP) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Empire Petroleum Corp Working Capital to Net Assets (1999–2024)
This chart shows how Empire Petroleum Corp's Working Capital to Net Assets ratio has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at -16.1%, reflecting working capital of $-8.63 Million against net assets of $53.66 Million USD. Check tangible net worth ratio of Empire Petroleum Corp to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Empire Petroleum Corp (1999–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Empire Petroleum Corp from 1999 to 2024, covering 26 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 Empire Petroleum Corp stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -14.2% | $-8.92 Million | $62.77 Million | $12.35 Million | $21.27 Million | ▲ +3.8 pp |
| 2023 | -18.0% | $-6.30 Million | $34.96 Million | $18.74 Million | $25.05 Million | ▼ -40.0 pp |
| 2022 | 22.0% | $5.11 Million | $23.24 Million | $22.73 Million | $17.62 Million | ▲ +11.2 pp |
| 2021 | 10.8% | $1.06 Million | $9.83 Million | $13.12 Million | $12.05 Million | ▼ -10.1 pp |
| 2020 | 20.9% | $-3.85 Million | $-18.44 Million | $2.22 Million | $6.07 Million | ▲ +10.1 pp |
| 2019 | 10.8% | $-531.23K | $-4.94 Million | $1.71 Million | $2.24 Million | ▼ -237.9 pp |
| 2018 | 248.7% | $-373.48K | $-150.18K | $367.50K | $740.99K | ▲ +345.8 pp |
| 2017 | -97.1% | $-124.44K | $128.19K | $77.78K | $202.22K | ▼ -117.1 pp |
| 2016 | 20.0% | $60.23K | $301.38K | $82.74K | $22.52K | ▲ +14.8 pp |
| 2015 | 5.2% | $9.93K | $191.41K | $18.11K | $8.18K | ▼ -94.8 pp |
| 2014 | 100.0% | $-146.00 | $-146.00 | $82.00 | $228.00 | ▲ +163.8 pp |
| 2013 | -63.8% | $-87.03K | $136.44K | $5.13K | $92.15K | ▼ -68.0 pp |
| 2012 | 4.2% | $13.10K | $314.26K | $23.24K | $10.13K | ▲ +49.8 pp |
| 2011 | -45.6% | $-98.21K | $215.44K | $13.27K | $111.49K | ▼ -33.7 pp |
| 2010 | -11.9% | $-27.12K | $228.09K | $121.94K | $149.06K | ▼ -69.6 pp |
| 2009 | 57.7% | $1.21 Million | $2.09 Million | $1.22 Million | $10.58K | ▲ +45.6 pp |
| 2008 | 12.1% | $125.96K | $1.04 Million | $145.35K | $19.39K | ▼ -4.8 pp |
| 2007 | 16.9% | $187.49K | $1.11 Million | $487.46K | $299.97K | ▲ +40.6 pp |
| 2006 | -23.7% | $-341.39K | $1.44 Million | $150.93K | $492.32K | ▲ +25.4 pp |
| 2005 | -49.2% | $-111.58K | $227.02K | $408.14K | $519.73K | ▼ -784.0 pp |
| 2004 | 734.9% | $-610.14K | $-83.03K | $12.62K | $622.75K | ▲ +1185.6 pp |
| 2003 | -450.7% | $-431.39K | $95.72K | $45.34K | $476.73K | ▼ -1005.1 pp |
| 2002 | 554.4% | $-524.66K | $-94.63K | $11.91K | $536.56K | ▲ +563.7 pp |
| 2001 | -9.2% | $-499.87K | $5.41 Million | $171.28K | $671.15K | ▲ +48.4 pp |
| 2000 | -57.6% | $-325.61K | $565.15K | $52.17K | $377.78K | ▼ -16.6 pp |
| 1999 | -41.1% | $-216.06 Million | $526.19 Million | $26.40 Million | $242.46 Million | — |