Ascendant Resources Inc (ASND) — Working Capital to Net Assets Ratio
Ascendant Resources Inc (ASND) has a Working Capital to Net Assets ratio of 48.5% as of December 2024. Working capital of CA$-7.81 Million (current assets of CA$705.00K minus current liabilities of CA$8.52 Million) is measured against net assets of CA$-16.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ascendant Resources Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ascendant Resources Inc Working Capital to Net Assets (2007–2024)
This chart shows how Ascendant Resources Inc's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of December 2024, the ratio stands at 48.5%, reflecting working capital of CA$-7.81 Million against net assets of CA$-16.09 Million CAD. For the complete balance sheet picture, see Ascendant Resources Inc assets under control.
Annual Working Capital to Net Assets for Ascendant Resources Inc (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ascendant Resources Inc from 2007 to 2024, covering 18 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 financial resilience of Ascendant Resources Inc to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 48.5% | CA$-7.81 Million | CA$-16.09 Million | CA$705.00K | CA$8.52 Million | ▲ +11.9 pp |
| 2023 | 36.6% | CA$-4.67 Million | CA$-12.75 Million | CA$3.03 Million | CA$7.70 Million | ▲ +104.4 pp |
| 2022 | -67.8% | CA$2.57 Million | CA$-3.79 Million | CA$4.16 Million | CA$1.58 Million | ▼ -9.5 pp |
| 2021 | -58.3% | CA$-2.25 Million | CA$3.86 Million | CA$1.46 Million | CA$3.71 Million | ▼ -45.7 pp |
| 2020 | -12.6% | CA$-603.00K | CA$4.78 Million | CA$1.07 Million | CA$1.68 Million | ▲ +94.5 pp |
| 2019 | -107.1% | CA$-17.05 Million | CA$15.92 Million | CA$18.41 Million | CA$35.47 Million | ▼ -77.0 pp |
| 2018 | -30.1% | CA$-7.11 Million | CA$23.62 Million | CA$19.80 Million | CA$26.91 Million | ▼ -107.1 pp |
| 2017 | 77.1% | CA$12.50 Million | CA$16.23 Million | CA$28.81 Million | CA$16.31 Million | ▼ -98.2 pp |
| 2016 | 175.2% | CA$19.65 Million | CA$11.21 Million | CA$28.60 Million | CA$8.95 Million | ▲ +75.2 pp |
| 2015 | 100.0% | CA$-495.08K | CA$-495.08K | CA$51.75K | CA$546.83K | ▼ -9.6 pp |
| 2014 | 109.6% | CA$-930.18K | CA$-848.91K | CA$282.04K | CA$1.21 Million | ▲ +162.0 pp |
| 2013 | -52.5% | CA$-425.90K | CA$811.86K | CA$51.87K | CA$477.77K | ▼ -52.4 pp |
| 2012 | -0.1% | CA$-5.15K | CA$4.87 Million | CA$272.40K | CA$277.55K | ▼ -22.0 pp |
| 2011 | 21.9% | CA$1.25 Million | CA$5.70 Million | CA$1.47 Million | CA$219.15K | ▲ +24.9 pp |
| 2010 | -3.0% | CA$-40.77K | CA$1.37 Million | CA$160.56K | CA$201.33K | ▼ -103.0 pp |
| 2009 | 100.0% | CA$177.88K | CA$177.88K | CA$203.01K | CA$25.13K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$210.59K | CA$210.59K | CA$236.97K | CA$26.39K | ▲ +0.0 pp |
| 2007 | 100.0% | CA$86.67K | CA$86.67K | CA$93.95K | CA$7.28K | — |