Baytex Energy Corp (BTE) — Working Capital to Net Assets Ratio
Baytex Energy Corp (BTE) has a Working Capital to Net Assets ratio of 36.0% as of December 2025. Working capital of CA$860.19 Million (current assets of CA$1.19 Billion minus current liabilities of CA$330.18 Million) is measured against net assets of CA$2.39 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Baytex Energy Corp balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Baytex Energy Corp Working Capital to Net Assets (1995–2025)
This chart shows how Baytex Energy Corp's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of December 2025, the ratio stands at 36.0%, reflecting working capital of CA$860.19 Million against net assets of CA$2.39 Billion CAD. Check Baytex Energy Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Baytex Energy Corp (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Baytex Energy Corp from 1995 to 2025, 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. For live market cap and the full company profile, see BTE company net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.0% | CA$860.19 Million | CA$2.39 Billion | CA$1.19 Billion | CA$330.18 Million | ▲ +39.0 pp |
| 2024 | -3.0% | CA$-124.10 Million | CA$4.17 Billion | CA$449.63 Million | CA$573.73 Million | ▲ +0.1 pp |
| 2023 | -3.1% | CA$-118.00 Million | CA$3.83 Billion | CA$440.02 Million | CA$558.02 Million | ▼ -1.6 pp |
| 2022 | -1.5% | CA$-44.48 Million | CA$3.03 Billion | CA$244.05 Million | CA$288.53 Million | ▲ +5.6 pp |
| 2021 | -7.1% | CA$-156.67 Million | CA$2.21 Billion | CA$182.06 Million | CA$338.73 Million | ▲ +7.8 pp |
| 2020 | -14.9% | CA$-86.32 Million | CA$578.21 Million | CA$112.53 Million | CA$198.86 Million | ▼ -13.3 pp |
| 2019 | -1.7% | CA$-48.73 Million | CA$2.95 Billion | CA$184.77 Million | CA$233.50 Million | ▲ +0.6 pp |
| 2018 | -2.3% | CA$-68.95 Million | CA$3.06 Billion | CA$191.15 Million | CA$260.10 Million | ▲ +1.2 pp |
| 2017 | -3.4% | CA$-65.86 Million | CA$1.91 Billion | CA$131.35 Million | CA$197.21 Million | ▼ -1.7 pp |
| 2016 | -1.7% | CA$-33.91 Million | CA$1.98 Billion | CA$117.09 Million | CA$151.01 Million | ▲ +0.9 pp |
| 2015 | -2.6% | CA$-62.92 Million | CA$2.41 Billion | CA$204.91 Million | CA$267.84 Million | ▼ -0.8 pp |
| 2014 | -1.8% | CA$-45.10 Million | CA$2.51 Billion | CA$424.81 Million | CA$469.91 Million | ▲ +0.1 pp |
| 2013 | -1.9% | CA$-24.30 Million | CA$1.28 Billion | CA$245.25 Million | CA$269.55 Million | ▲ +0.0 pp |
| 2012 | -1.9% | CA$-24.86 Million | CA$1.30 Billion | CA$194.34 Million | CA$219.19 Million | ▲ +2.3 pp |
| 2011 | -4.2% | CA$-50.40 Million | CA$1.21 Billion | CA$226.57 Million | CA$276.97 Million | ▲ +0.8 pp |
| 2010 | -5.0% | CA$-58.85 Million | CA$1.18 Billion | CA$167.51 Million | CA$226.37 Million | ▲ +25.3 pp |
| 2009 | -30.3% | CA$-306.79 Million | CA$1.01 Billion | CA$179.54 Million | CA$486.32 Million | ▼ -4.2 pp |
| 2008 | -26.1% | CA$-242.14 Million | CA$927.33 Million | CA$173.56 Million | CA$415.70 Million | ▲ +17.7 pp |
| 2007 | -43.8% | CA$-272.82 Million | CA$622.46 Million | CA$122.70 Million | CA$395.52 Million | ▼ -15.3 pp |
| 2006 | -28.5% | CA$-135.82 Million | CA$476.34 Million | CA$77.77 Million | CA$213.59 Million | ▲ +5.2 pp |
| 2005 | -33.7% | CA$-134.91 Million | CA$400.74 Million | CA$89.04 Million | CA$223.95 Million | ▲ +18.3 pp |
| 2004 | -52.0% | CA$-205.46 Million | CA$395.43 Million | CA$48.45 Million | CA$253.91 Million | ▼ -56.3 pp |
| 2003 | 4.3% | CA$18.99 Million | CA$439.46 Million | CA$108.24 Million | CA$89.25 Million | ▲ +14.3 pp |
| 2002 | -10.0% | CA$-35.80 Million | CA$359.69 Million | CA$56.77 Million | CA$92.56 Million | ▼ -17.8 pp |
| 2001 | 7.8% | CA$24.86 Million | CA$318.78 Million | CA$91.19 Million | CA$66.33 Million | ▲ +19.0 pp |
| 2000 | -11.2% | CA$-42.37 Million | CA$379.32 Million | CA$38.40 Million | CA$80.77 Million | ▼ -4.2 pp |
| 1999 | -7.0% | CA$-16.10 Million | CA$230.30 Million | CA$27.90 Million | CA$44.00 Million | ▼ -26.5 pp |
| 1998 | 19.5% | CA$42.10 Million | CA$215.50 Million | CA$68.90 Million | CA$26.80 Million | ▲ +32.7 pp |
| 1997 | -13.2% | CA$-32.40 Million | CA$245.80 Million | CA$30.50 Million | CA$62.90 Million | ▼ -12.3 pp |
| 1996 | -0.9% | CA$-700.00K | CA$78.20 Million | CA$19.40 Million | CA$20.10 Million | ▲ +38.5 pp |
| 1995 | -39.4% | CA$-6.70 Million | CA$17.00 Million | CA$1.90 Million | CA$8.60 Million | — |