CES Energy Solutions Corp (CEU) — Working Capital to Net Assets Ratio
CES Energy Solutions Corp (CEU) has a Working Capital to Net Assets ratio of 80.0% as of March 2026. Working capital of CA$674.96 Million (current assets of CA$1.06 Billion minus current liabilities of CA$386.63 Million) is measured against net assets of CA$843.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of CES Energy Solutions Corp to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CES Energy Solutions Corp Working Capital to Net Assets (2006–2025)
This chart shows how CES Energy Solutions Corp's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 80.0%, reflecting working capital of CA$674.96 Million against net assets of CA$843.56 Million CAD. See CEU defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for CES Energy Solutions Corp (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for CES Energy Solutions Corp from 2006 to 2025, covering 20 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 CES Energy Solutions Corp stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 81.2% | CA$650.52 Million | CA$801.52 Million | CA$999.79 Million | CA$349.26 Million | ▲ +2.4 pp |
| 2024 | 78.7% | CA$641.11 Million | CA$814.23 Million | CA$952.15 Million | CA$311.05 Million | ▼ -9.8 pp |
| 2023 | 88.5% | CA$582.56 Million | CA$658.00 Million | CA$880.77 Million | CA$298.21 Million | ▼ -20.9 pp |
| 2022 | 109.4% | CA$666.34 Million | CA$609.05 Million | CA$933.68 Million | CA$267.34 Million | ▲ +18.3 pp |
| 2021 | 91.1% | CA$443.44 Million | CA$486.68 Million | CA$619.20 Million | CA$175.76 Million | ▲ +31.3 pp |
| 2020 | 59.8% | CA$272.41 Million | CA$455.66 Million | CA$373.54 Million | CA$101.13 Million | ▲ +8.6 pp |
| 2019 | 51.2% | CA$347.86 Million | CA$679.31 Million | CA$499.82 Million | CA$151.96 Million | ▼ -9.1 pp |
| 2018 | 60.3% | CA$420.39 Million | CA$697.57 Million | CA$564.99 Million | CA$144.60 Million | ▲ +1.2 pp |
| 2017 | 59.1% | CA$350.48 Million | CA$593.20 Million | CA$477.81 Million | CA$127.33 Million | ▲ +20.0 pp |
| 2016 | 39.1% | CA$222.32 Million | CA$568.84 Million | CA$319.48 Million | CA$97.16 Million | ▼ -4.2 pp |
| 2015 | 43.3% | CA$230.22 Million | CA$531.65 Million | CA$312.60 Million | CA$82.38 Million | ▼ -13.5 pp |
| 2014 | 56.8% | CA$307.08 Million | CA$540.39 Million | CA$445.08 Million | CA$138.00 Million | ▲ +2.1 pp |
| 2013 | 54.7% | CA$197.37 Million | CA$360.52 Million | CA$306.33 Million | CA$108.96 Million | ▲ +1.4 pp |
| 2012 | 53.3% | CA$114.90 Million | CA$215.42 Million | CA$172.70 Million | CA$57.80 Million | ▼ -22.0 pp |
| 2011 | 75.3% | CA$153.66 Million | CA$204.06 Million | CA$230.56 Million | CA$76.89 Million | ▲ +55.3 pp |
| 2010 | 20.0% | CA$34.23 Million | CA$171.05 Million | CA$134.57 Million | CA$100.34 Million | ▲ +7.7 pp |
| 2009 | 12.3% | CA$11.35 Million | CA$92.53 Million | CA$45.73 Million | CA$34.38 Million | ▼ -8.3 pp |
| 2008 | 20.6% | CA$15.82 Million | CA$76.98 Million | CA$58.63 Million | CA$42.80 Million | ▲ +6.3 pp |
| 2007 | 14.2% | CA$7.55 Million | CA$53.05 Million | CA$28.29 Million | CA$20.73 Million | ▼ -5.8 pp |
| 2006 | 20.0% | CA$10.92 Million | CA$54.49 Million | CA$30.72 Million | CA$19.80 Million | — |