Mesabi Trust (MSB) — Working Capital to Net Assets Ratio
Mesabi Trust (MSB) has a Working Capital to Net Assets ratio of 95.8% as of April 2026. Working capital of $17.57 Million (current assets of $21.15 Million minus current liabilities of $3.58 Million) is measured against net assets of $18.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mesabi Trust (MSB) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mesabi Trust Working Capital to Net Assets (1996–2026)
This chart shows how Mesabi Trust's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1996 to 2026. As of April 2026, the ratio stands at 95.8%, reflecting working capital of $17.57 Million against net assets of $18.34 Million USD. For the complete balance sheet picture, see MSB current and non-current assets.
Annual Working Capital to Net Assets for Mesabi Trust (1996–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mesabi Trust from 1996 to 2026, covering 31 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 MSB asset resilience 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) |
|---|---|---|---|---|---|---|
| 2026 | 95.4% | $19.47 Million | $20.40 Million | $23.43 Million | $3.95 Million | ▼ -4.6 pp |
| 2025 | 100.0% | $23.33 Million | $23.33 Million | $101.73 Million | $78.40 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $20.98 Million | $20.98 Million | $26.69 Million | $5.72 Million | ▼ -20.1 pp |
| 2023 | 120.1% | $13.74 Million | $11.44 Million | $14.12 Million | $380.96K | ▲ +20.1 pp |
| 2022 | 100.0% | $30.79 Million | $30.79 Million | $53.91 Million | $23.12 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $16.48 Million | $16.48 Million | $22.93 Million | $6.45 Million | ▼ -21.2 pp |
| 2020 | 121.2% | $14.34 Million | $11.83 Million | $23.65 Million | $9.30 Million | ▲ +21.2 pp |
| 2019 | 100.0% | $16.81 Million | $16.81 Million | $35.45 Million | $18.65 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $10.51 Million | $10.51 Million | $26.12 Million | $15.62 Million | ▼ -20.6 pp |
| 2017 | 120.6% | $12.30 Million | $10.21 Million | $14.25 Million | $1.94 Million | ▲ +25.6 pp |
| 2016 | 94.9% | $8.53 Million | $8.99 Million | $9.36 Million | $827.79K | ▲ +10.8 pp |
| 2015 | 84.1% | $1.36 Million | $1.61 Million | $9.84 Million | $8.49 Million | ▲ +36.0 pp |
| 2014 | 48.1% | $473.52K | $984.10K | $8.04 Million | $7.57 Million | ▼ -34.5 pp |
| 2013 | 82.7% | $977.17K | $1.18 Million | $7.44 Million | $6.46 Million | ▲ +28.6 pp |
| 2012 | 54.1% | $557.69K | $1.03 Million | $10.70 Million | $10.14 Million | ▼ -45.9 pp |
| 2011 | 100.0% | $987.80K | $987.80K | $9.65 Million | $8.66 Million | ▼ 0.0 pp |
| 2010 | 100.0% | $1.13 Million | $1.13 Million | $11.20 Million | $10.07 Million | ▼ 0.0 pp |
| 2009 | 100.0% | $3.79 Million | $3.79 Million | $5.35 Million | $1.55 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $1.66 Million | $1.66 Million | $8.49 Million | $6.83 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $1.14 Million | $1.14 Million | $5.41 Million | $4.27 Million | ▼ 0.0 pp |
| 2006 | 100.0% | $4.99 Million | $4.99 Million | $11.33 Million | $6.34 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $4.32 Million | $4.32 Million | $8.25 Million | $3.93 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $1.41 Million | $1.41 Million | $5.39 Million | $3.98 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $1.07 Million | $1.07 Million | $3.59 Million | $2.53 Million | ▼ 0.0 pp |
| 2002 | 100.0% | $1.09 Million | $1.09 Million | $2.22 Million | $1.12 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $795.92K | $795.92K | $2.56 Million | $1.76 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $763.38K | $763.38K | $3.18 Million | $2.42 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $712.95K | $712.96K | $2.79 Million | $2.08 Million | ▼ 0.0 pp |
| 1998 | 100.0% | $719.80K | $719.80K | $4.29 Million | $3.57 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $650.61K | $650.61K | $2.60 Million | $1.95 Million | ▼ -21.1 pp |
| 1996 | 121.1% | $655.75K | $541.41K | $2.29 Million | $1.63 Million | — |