Collective Mining Ltd (CNL) — Working Capital to Net Assets Ratio
Collective Mining Ltd (CNL) has a Working Capital to Net Assets ratio of 84.5% as of December 2025. Working capital of CA$122.59 Million (current assets of CA$131.26 Million minus current liabilities of CA$8.66 Million) is measured against net assets of CA$145.13 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Collective Mining Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Collective Mining Ltd Working Capital to Net Assets (2020–2025)
This chart shows how Collective Mining Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 84.5%, reflecting working capital of CA$122.59 Million against net assets of CA$145.13 Million CAD. For the complete balance sheet picture, see balance sheet size of Collective Mining Ltd.
Annual Working Capital to Net Assets for Collective Mining Ltd (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Collective Mining Ltd from 2020 to 2025, covering 6 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. Check financial resilience of Collective Mining Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 84.5% | CA$122.59 Million | CA$145.13 Million | CA$131.26 Million | CA$8.66 Million | ▼ -7.8 pp |
| 2024 | 92.2% | CA$34.14 Million | CA$37.01 Million | CA$39.61 Million | CA$5.48 Million | ▲ +10.9 pp |
| 2023 | 81.4% | CA$10.35 Million | CA$12.72 Million | CA$14.51 Million | CA$4.16 Million | ▼ -0.6 pp |
| 2022 | 82.0% | CA$5.69 Million | CA$6.94 Million | CA$8.84 Million | CA$3.16 Million | ▼ -14.8 pp |
| 2021 | 96.8% | CA$15.08 Million | CA$15.58 Million | CA$16.70 Million | CA$1.62 Million | ▲ +0.8 pp |
| 2020 | 96.0% | CA$1.82 Million | CA$1.89 Million | CA$2.16 Million | CA$346.21K | — |