Boyd Group Services Inc. (BYD) — Working Capital to Net Assets Ratio
Boyd Group Services Inc. (BYD) has a Working Capital to Net Assets ratio of -16.9% as of September 2025. Working capital of CA$-142.96 Million (current assets of CA$325.79 Million minus current liabilities of CA$468.75 Million) is measured against net assets of CA$848.24 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See BYD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Boyd Group Services Inc. Working Capital to Net Assets (1997–2024)
This chart shows how Boyd Group Services Inc.'s Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at -16.9%, reflecting working capital of CA$-142.96 Million against net assets of CA$848.24 Million CAD. For the complete balance sheet picture, see how large is Boyd Group Services Inc.'s balance sheet.
Annual Working Capital to Net Assets for Boyd Group Services Inc. (1997–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Boyd Group Services Inc. from 1997 to 2024, covering 28 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore Boyd Group Services Inc. (BYD) investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -19.8% | CA$-164.19 Million | CA$830.07 Million | CA$270.46 Million | CA$434.66 Million | ▲ +1.4 pp |
| 2023 | -21.2% | CA$-175.32 Million | CA$826.34 Million | CA$295.58 Million | CA$470.89 Million | ▼ -1.3 pp |
| 2022 | -20.0% | CA$-150.34 Million | CA$753.36 Million | CA$277.80 Million | CA$428.14 Million | ▼ -1.6 pp |
| 2021 | -18.3% | CA$-131.91 Million | CA$720.39 Million | CA$232.70 Million | CA$364.61 Million | ▼ -4.3 pp |
| 2020 | -14.0% | CA$-99.49 Million | CA$710.60 Million | CA$206.12 Million | CA$305.61 Million | ▲ +14.0 pp |
| 2019 | -28.0% | CA$-131.29 Million | CA$468.44 Million | CA$176.75 Million | CA$308.04 Million | ▼ -17.9 pp |
| 2018 | -10.2% | CA$-42.62 Million | CA$419.30 Million | CA$179.68 Million | CA$222.30 Million | ▼ -9.2 pp |
| 2017 | -0.9% | CA$-3.30 Million | CA$349.78 Million | CA$168.07 Million | CA$171.37 Million | ▼ -3.0 pp |
| 2016 | 2.1% | CA$4.28 Million | CA$208.72 Million | CA$137.42 Million | CA$133.14 Million | ▼ -11.7 pp |
| 2015 | 13.8% | CA$18.35 Million | CA$133.26 Million | CA$126.08 Million | CA$107.73 Million | ▼ -8.9 pp |
| 2014 | 22.6% | CA$27.85 Million | CA$123.02 Million | CA$125.97 Million | CA$98.11 Million | ▲ +17.9 pp |
| 2013 | 4.7% | CA$3.93 Million | CA$83.31 Million | CA$79.07 Million | CA$75.14 Million | ▼ -52.2 pp |
| 2012 | 56.9% | CA$23.66 Million | CA$41.60 Million | CA$82.26 Million | CA$58.60 Million | ▲ +42.9 pp |
| 2011 | 13.9% | CA$6.30 Million | CA$45.23 Million | CA$49.73 Million | CA$43.43 Million | ▲ +12.9 pp |
| 2010 | 1.1% | CA$273.31K | CA$25.38 Million | CA$35.99 Million | CA$35.72 Million | ▼ -5.4 pp |
| 2009 | 6.5% | CA$1.72 Million | CA$26.61 Million | CA$26.07 Million | CA$24.34 Million | ▼ -9.6 pp |
| 2008 | 16.1% | CA$5.42 Million | CA$33.64 Million | CA$28.65 Million | CA$23.23 Million | ▲ +8.4 pp |
| 2007 | 7.7% | CA$1.45 Million | CA$18.90 Million | CA$28.42 Million | CA$26.97 Million | ▼ -9.8 pp |
| 2006 | 17.5% | CA$4.72 Million | CA$27.01 Million | CA$29.51 Million | CA$24.79 Million | ▲ +12.1 pp |
| 2005 | 5.4% | CA$2.24 Million | CA$41.58 Million | CA$25.85 Million | CA$23.62 Million | ▼ -1.5 pp |
| 2004 | 6.9% | CA$2.47 Million | CA$36.00 Million | CA$16.20 Million | CA$13.72 Million | ▼ -12.3 pp |
| 2003 | 19.2% | CA$5.94 Million | CA$30.93 Million | CA$13.42 Million | CA$7.48 Million | ▼ -11.5 pp |
| 2002 | 30.7% | CA$8.85 Million | CA$28.88 Million | CA$14.29 Million | CA$5.44 Million | ▲ +2.6 pp |
| 2001 | 28.0% | CA$8.35 Million | CA$29.79 Million | CA$13.69 Million | CA$5.34 Million | ▲ +11.5 pp |
| 2000 | 16.6% | CA$3.93 Million | CA$23.71 Million | CA$10.98 Million | CA$7.05 Million | ▼ -3.3 pp |
| 1999 | 19.9% | CA$2.65 Million | CA$13.32 Million | CA$6.21 Million | CA$3.57 Million | ▼ -9.3 pp |
| 1998 | 29.2% | CA$2.64 Million | CA$9.03 Million | CA$4.61 Million | CA$1.98 Million | ▼ -22.4 pp |
| 1997 | 51.6% | CA$1.88 Million | CA$3.64 Million | CA$3.48 Million | CA$1.60 Million | — |