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 debt-free asset ratio of Ascendant Resources Inc to measure how much of total assets are equity-financed.
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. Check Ascendant Resources Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Ascendant Resources Inc (ASND) total market value.
| 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 | — |