D2L Inc (DTOL) — Working Capital to Net Assets Ratio
D2L Inc (DTOL) has a Working Capital to Net Assets ratio of 5.4% as of January 2026. Working capital of CA$4.58 Million (current assets of CA$156.63 Million minus current liabilities of CA$152.06 Million) is measured against net assets of CA$84.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See D2L Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
D2L Inc Working Capital to Net Assets (2020–2026)
This chart shows how D2L Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2020 to 2026. As of January 2026, the ratio stands at 5.4%, reflecting working capital of CA$4.58 Million against net assets of CA$84.27 Million CAD. Check D2L Inc (DTOL) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for D2L Inc (2020–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for D2L Inc from 2020 to 2026, covering 7 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 DTOL market cap overview.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 5.4% | CA$4.58 Million | CA$84.27 Million | CA$156.63 Million | CA$152.06 Million | ▼ -2.8 pp |
| 2025 | 8.2% | CA$6.96 Million | CA$84.75 Million | CA$141.04 Million | CA$134.09 Million | ▼ -48.3 pp |
| 2024 | 56.5% | CA$32.16 Million | CA$56.88 Million | CA$159.79 Million | CA$127.64 Million | ▼ -10.3 pp |
| 2023 | 66.9% | CA$36.16 Million | CA$54.09 Million | CA$146.40 Million | CA$110.24 Million | ▲ +2.1 pp |
| 2022 | 64.8% | CA$43.01 Million | CA$66.38 Million | CA$154.73 Million | CA$111.72 Million | ▲ +53.7 pp |
| 2021 | 11.1% | CA$-20.82 Million | CA$-187.29 Million | CA$71.73 Million | CA$92.55 Million | ▼ -2.8 pp |
| 2020 | 13.9% | CA$-20.35 Million | CA$-146.34 Million | CA$52.06 Million | CA$72.42 Million | — |