Denison Mines Corp (DML) — Working Capital to Net Assets Ratio
Denison Mines Corp (DML) has a Working Capital to Net Assets ratio of 208.6% as of March 2026. Working capital of CA$542.63 Million (current assets of CA$585.11 Million minus current liabilities of CA$42.48 Million) is measured against net assets of CA$260.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See DML cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Denison Mines Corp Working Capital to Net Assets (1997–2025)
This chart shows how Denison Mines Corp's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 208.6%, reflecting working capital of CA$542.63 Million against net assets of CA$260.14 Million CAD. For the complete balance sheet picture, see balance sheet size of Denison Mines Corp.
Annual Working Capital to Net Assets for Denison Mines Corp (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Denison Mines Corp from 1997 to 2025, covering 29 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 Denison Mines Corp 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 | 137.9% | CA$508.11 Million | CA$368.37 Million | CA$560.23 Million | CA$52.12 Million | ▲ +122.0 pp |
| 2024 | 15.9% | CA$89.83 Million | CA$564.32 Million | CA$123.72 Million | CA$33.89 Million | ▼ -4.4 pp |
| 2023 | 20.3% | CA$130.59 Million | CA$641.78 Million | CA$148.54 Million | CA$17.95 Million | ▲ +9.2 pp |
| 2022 | 11.2% | CA$48.74 Million | CA$436.02 Million | CA$67.16 Million | CA$18.41 Million | ▼ -6.6 pp |
| 2021 | 17.8% | CA$70.50 Million | CA$396.69 Million | CA$86.86 Million | CA$16.35 Million | ▲ +1.2 pp |
| 2020 | 16.5% | CA$37.57 Million | CA$227.28 Million | CA$49.41 Million | CA$11.84 Million | ▲ +15.8 pp |
| 2019 | 0.8% | CA$1.60 Million | CA$210.15 Million | CA$16.54 Million | CA$14.95 Million | ▼ -7.9 pp |
| 2018 | 8.6% | CA$19.22 Million | CA$222.25 Million | CA$31.71 Million | CA$12.48 Million | ▼ -7.2 pp |
| 2017 | 15.9% | CA$36.64 Million | CA$230.50 Million | CA$50.47 Million | CA$13.83 Million | ▲ +10.2 pp |
| 2016 | 5.7% | CA$13.22 Million | CA$231.86 Million | CA$22.98 Million | CA$9.76 Million | ▼ -1.9 pp |
| 2015 | 7.6% | CA$17.72 Million | CA$231.82 Million | CA$28.24 Million | CA$10.52 Million | ▼ -1.2 pp |
| 2014 | 8.8% | CA$26.17 Million | CA$297.25 Million | CA$41.24 Million | CA$15.07 Million | ▼ -1.7 pp |
| 2013 | 10.5% | CA$31.29 Million | CA$298.38 Million | CA$41.36 Million | CA$10.07 Million | ▼ -2.9 pp |
| 2012 | 13.4% | CA$35.12 Million | CA$262.36 Million | CA$43.08 Million | CA$7.96 Million | ▼ -7.2 pp |
| 2011 | 20.6% | CA$95.48 Million | CA$464.35 Million | CA$107.01 Million | CA$11.53 Million | ▼ -7.9 pp |
| 2010 | 28.5% | CA$133.86 Million | CA$469.48 Million | CA$148.86 Million | CA$15.00 Million | ▲ +18.1 pp |
| 2009 | 10.4% | CA$79.14 Million | CA$762.53 Million | CA$91.52 Million | CA$12.38 Million | ▲ +4.5 pp |
| 2008 | 5.8% | CA$43.27 Million | CA$740.36 Million | CA$76.90 Million | CA$33.63 Million | ▼ -3.7 pp |
| 2007 | 9.5% | CA$75.18 Million | CA$788.55 Million | CA$105.12 Million | CA$29.94 Million | ▼ -6.0 pp |
| 2006 | 15.5% | CA$93.74 Million | CA$605.23 Million | CA$109.87 Million | CA$16.13 Million | ▼ -13.0 pp |
| 2005 | 28.5% | CA$4.93 Million | CA$17.31 Million | CA$11.77 Million | CA$6.84 Million | ▼ -41.2 pp |
| 2004 | 69.7% | CA$19.50 Million | CA$27.99 Million | CA$20.64 Million | CA$1.13 Million | ▼ -2.4 pp |
| 2003 | 72.1% | CA$9.86 Million | CA$13.69 Million | CA$11.03 Million | CA$1.17 Million | ▲ +74.0 pp |
| 2002 | -2.0% | CA$-130.35K | CA$6.54 Million | CA$25.09 Million | CA$25.22 Million | ▼ -131.4 pp |
| 2001 | 129.4% | CA$8.00 Million | CA$6.18 Million | CA$27.91 Million | CA$19.90 Million | ▼ -27.3 pp |
| 2000 | 156.8% | CA$15.86 Million | CA$10.12 Million | CA$24.43 Million | CA$8.58 Million | ▲ +104.1 pp |
| 1999 | 52.6% | CA$17.01 Million | CA$32.33 Million | CA$21.72 Million | CA$4.70 Million | ▲ +0.7 pp |
| 1998 | 51.9% | CA$30.92 Million | CA$59.55 Million | CA$34.61 Million | CA$3.69 Million | ▼ -12.9 pp |
| 1997 | 64.9% | CA$33.61 Million | CA$51.81 Million | CA$42.41 Million | CA$8.80 Million | — |