Ascendant Resources Inc Working Capital to Net Assets Ratio
Ascendant Resources Inc 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. Check ASND goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Ascendant Resources Inc (2007–2024)
Working capital to net assets ratio of Ascendant Resources Inc from 2007 to 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. See ASND defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Ascendant Resources Inc Working Capital to Net Assets Ratio by Year (2007–2024)
Ascendant Resources Inc working capital to net assets ratio by year from 2007 to 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 the complete balance sheet picture, see how large is Ascendant Resources Inc's balance sheet.
| 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 | — |