Canadian Tire Corporation Limited (CTC-A) — Working Capital to Net Assets Ratio
Canadian Tire Corporation Limited (CTC-A) has a Working Capital to Net Assets ratio of 72.6% as of March 2026. Working capital of CA$4.94 Billion (current assets of CA$11.57 Billion minus current liabilities of CA$6.64 Billion) is measured against net assets of CA$6.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CTC-A 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
Canadian Tire Corporation Limited Working Capital to Net Assets (1995–2025)
This chart shows how Canadian Tire Corporation Limited's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 72.6%, reflecting working capital of CA$4.94 Billion against net assets of CA$6.80 Billion CAD. For the complete balance sheet picture, see balance sheet size of Canadian Tire Corporation Limited.
Annual Working Capital to Net Assets for Canadian Tire Corporation Limited (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Canadian Tire Corporation Limited 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. Check asset resilience ratio of Canadian Tire Corporation Limited 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 | 75.1% | CA$5.12 Billion | CA$6.81 Billion | CA$11.32 Billion | CA$6.20 Billion | ▲ +4.4 pp |
| 2024 | 70.7% | CA$5.01 Billion | CA$7.09 Billion | CA$11.35 Billion | CA$6.34 Billion | ▼ -5.4 pp |
| 2023 | 76.1% | CA$4.90 Billion | CA$6.44 Billion | CA$11.29 Billion | CA$6.39 Billion | ▲ +13.8 pp |
| 2022 | 62.3% | CA$4.38 Billion | CA$7.04 Billion | CA$11.53 Billion | CA$7.15 Billion | ▼ -12.3 pp |
| 2021 | 74.6% | CA$4.86 Billion | CA$6.51 Billion | CA$11.65 Billion | CA$6.79 Billion | ▼ -16.9 pp |
| 2020 | 91.5% | CA$5.34 Billion | CA$5.83 Billion | CA$10.55 Billion | CA$5.21 Billion | ▲ +22.4 pp |
| 2019 | 69.1% | CA$3.80 Billion | CA$5.50 Billion | CA$9.56 Billion | CA$5.75 Billion | ▼ -7.5 pp |
| 2018 | 76.6% | CA$4.27 Billion | CA$5.57 Billion | CA$8.80 Billion | CA$4.53 Billion | ▲ +7.7 pp |
| 2017 | 69.0% | CA$3.96 Billion | CA$5.74 Billion | CA$8.64 Billion | CA$4.68 Billion | ▼ -14.1 pp |
| 2016 | 83.1% | CA$4.81 Billion | CA$5.79 Billion | CA$8.69 Billion | CA$3.88 Billion | ▲ +13.2 pp |
| 2015 | 69.8% | CA$3.93 Billion | CA$5.63 Billion | CA$8.51 Billion | CA$4.58 Billion | ▲ +2.7 pp |
| 2014 | 67.1% | CA$3.66 Billion | CA$5.45 Billion | CA$7.98 Billion | CA$4.32 Billion | ▲ +0.5 pp |
| 2013 | 66.6% | CA$3.17 Billion | CA$4.76 Billion | CA$7.80 Billion | CA$4.62 Billion | ▲ +3.0 pp |
| 2012 | 63.6% | CA$2.80 Billion | CA$4.41 Billion | CA$6.96 Billion | CA$4.15 Billion | ▼ -7.5 pp |
| 2011 | 71.1% | CA$2.89 Billion | CA$4.07 Billion | CA$5.00 Billion | CA$2.11 Billion | ▲ +2.0 pp |
| 2010 | 69.1% | CA$2.55 Billion | CA$3.69 Billion | CA$5.20 Billion | CA$2.65 Billion | ▲ +13.6 pp |
| 2009 | 55.5% | CA$1.98 Billion | CA$3.56 Billion | CA$3.98 Billion | CA$2.00 Billion | ▲ +23.3 pp |
| 2008 | 32.3% | CA$1.00 Billion | CA$3.11 Billion | CA$3.12 Billion | CA$2.11 Billion | ▲ +0.7 pp |
| 2007 | 31.5% | CA$877.40 Million | CA$2.79 Billion | CA$2.54 Billion | CA$1.66 Billion | ▼ -9.5 pp |
| 2006 | 41.0% | CA$1.15 Billion | CA$2.81 Billion | CA$2.97 Billion | CA$1.82 Billion | ▲ +4.8 pp |
| 2005 | 36.2% | CA$922.60 Million | CA$2.55 Billion | CA$2.41 Billion | CA$1.49 Billion | ▲ +6.5 pp |
| 2004 | 29.7% | CA$693.00 Million | CA$2.33 Billion | CA$2.30 Billion | CA$1.61 Billion | ▼ -5.0 pp |
| 2003 | 34.7% | CA$730.60 Million | CA$2.11 Billion | CA$2.31 Billion | CA$1.58 Billion | ▼ -11.7 pp |
| 2002 | 46.4% | CA$883.05 Million | CA$1.90 Billion | CA$1.99 Billion | CA$1.11 Billion | ▲ +18.8 pp |
| 2001 | 27.6% | CA$402.95 Million | CA$1.46 Billion | CA$1.53 Billion | CA$1.12 Billion | ▼ -5.7 pp |
| 2000 | 33.3% | CA$447.70 Million | CA$1.34 Billion | CA$1.90 Billion | CA$1.45 Billion | ▼ -2.5 pp |
| 1999 | 35.8% | CA$451.70 Million | CA$1.26 Billion | CA$1.51 Billion | CA$1.05 Billion | ▲ +14.9 pp |
| 1998 | 20.9% | CA$271.00 Million | CA$1.30 Billion | CA$1.44 Billion | CA$1.17 Billion | ▼ -15.8 pp |
| 1997 | 36.6% | CA$476.20 Million | CA$1.30 Billion | CA$1.34 Billion | CA$863.60 Million | ▲ +0.0 pp |
| 1996 | 36.6% | CA$476.20 Million | CA$1.30 Billion | CA$1.34 Billion | CA$863.60 Million | ▼ -15.6 pp |
| 1995 | 52.3% | CA$647.60 Million | CA$1.24 Billion | CA$1.56 Billion | CA$911.00 Million | — |