Denison Mines Corp (DML) — Working Capital to Net Assets Ratio
Denison Mines Corp (DML) has a Working Capital to Net Assets ratio of 137.9% as of December 2025. Working capital of CA$508.11 Million (current assets of CA$560.23 Million minus current liabilities of CA$52.12 Million) is measured against net assets of CA$368.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Denison Mines Corp balance sheet quality to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 137.9%, reflecting working capital of CA$508.11 Million against net assets of CA$368.37 Million CAD. Check DML tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see market value of Denison Mines Corp.
| 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 | — |