Black Iron Inc. Working Capital to Net Assets Ratio
Black Iron Inc. working capital to net assets ratio. Black Iron Inc. (BKI) has a Working Capital to Net Assets ratio of 103.4% as of March 2026. Working capital of CA$-3.68 Million (current assets of CA$285.43K minus current liabilities of CA$3.97 Million) is measured against net assets of CA$-3.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Black Iron Inc. tangible net worth 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 Black Iron Inc. (2011–2025)
Working capital to net assets ratio of Black Iron Inc. from 2011 to 2025. This chart shows how Black Iron Inc.'s Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 103.4%, reflecting working capital of CA$-3.68 Million against net assets of CA$-3.56 Million CAD. See BKI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Black Iron Inc. Working Capital to Net Assets Ratio by Year (2011–2025)
Black Iron Inc. working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Black Iron Inc. from 2011 to 2025, covering 15 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 Black Iron Inc.'s balance sheet.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 103.3% | CA$-3.33 Million | CA$-3.23 Million | CA$623.39K | CA$3.96 Million | ▼ -1.4 pp |
| 2024 | 104.7% | CA$-2.06 Million | CA$-1.97 Million | CA$1.83 Million | CA$3.89 Million | ▲ +3.7 pp |
| 2023 | 101.0% | CA$-155.50K | CA$-153.95K | CA$1.17 Million | CA$1.32 Million | ▲ +1.3 pp |
| 2022 | 99.7% | CA$1.30 Million | CA$1.31 Million | CA$2.33 Million | CA$1.03 Million | ▼ -0.1 pp |
| 2021 | 99.8% | CA$4.65 Million | CA$4.66 Million | CA$6.39 Million | CA$1.74 Million | ▲ +119.7 pp |
| 2020 | -19.8% | CA$1.14 Million | CA$-5.73 Million | CA$1.75 Million | CA$611.22K | ▲ +19.9 pp |
| 2019 | -39.7% | CA$687.62K | CA$-1.73 Million | CA$1.09 Million | CA$403.86K | ▼ -138.9 pp |
| 2018 | 99.2% | CA$304.45K | CA$306.85K | CA$673.85K | CA$369.39K | ▼ -0.5 pp |
| 2017 | 99.7% | CA$3.80 Million | CA$3.81 Million | CA$4.19 Million | CA$395.91K | ▼ 0.0 pp |
| 2016 | 99.8% | CA$5.15 Million | CA$5.16 Million | CA$5.54 Million | CA$393.39K | ▼ -0.4 pp |
| 2015 | 100.2% | CA$13.44 Million | CA$13.41 Million | CA$14.10 Million | CA$657.50K | ▲ +58.9 pp |
| 2014 | 41.3% | CA$16.04 Million | CA$38.88 Million | CA$16.72 Million | CA$677.07K | ▲ +42.4 pp |
| 2013 | -1.1% | CA$-253.09K | CA$22.78 Million | CA$1.01 Million | CA$1.26 Million | ▼ -14.5 pp |
| 2012 | 13.4% | CA$7.79 Million | CA$58.24 Million | CA$8.25 Million | CA$452.49K | ▼ -26.9 pp |
| 2011 | 40.3% | CA$24.72 Million | CA$61.40 Million | CA$25.89 Million | CA$1.17 Million | — |