Spectral Med Inc Working Capital to Net Assets Ratio
Spectral Med Inc working capital to net assets ratio. Spectral Med Inc (EDT) has a Working Capital to Net Assets ratio of 87.5% as of September 2025. Working capital of CA$-60.12 Million (current assets of CA$7.25 Million minus current liabilities of CA$67.37 Million) is measured against net assets of CA$-68.66 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Spectral Med Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Spectral Med Inc (1992–2024)
Working capital to net assets ratio of Spectral Med Inc from 1992 to 2024. This chart shows how Spectral Med Inc's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1992 to 2024. As of September 2025, the ratio stands at 87.5%, reflecting working capital of CA$-60.12 Million against net assets of CA$-68.66 Million CAD. See defensive interval ratio of Spectral Med Inc to measure how many days the company can operate on defensive assets alone.
Spectral Med Inc Working Capital to Net Assets Ratio by Year (1992–2024)
Spectral Med Inc working capital to net assets ratio by year from 1992 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Spectral Med Inc from 1992 to 2024, covering 33 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 the complete balance sheet picture, see Spectral Med Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 83.5% | CA$-22.99 Million | CA$-27.55 Million | CA$4.46 Million | CA$27.45 Million | ▲ +46.5 pp |
| 2023 | 37.0% | CA$-6.12 Million | CA$-16.55 Million | CA$4.12 Million | CA$10.24 Million | ▲ +172.2 pp |
| 2022 | -135.2% | CA$3.45 Million | CA$-2.55 Million | CA$10.09 Million | CA$6.63 Million | ▼ -330.2 pp |
| 2021 | 195.0% | CA$7.96 Million | CA$4.08 Million | CA$10.26 Million | CA$2.30 Million | ▲ +778.2 pp |
| 2020 | -583.3% | CA$3.90 Million | CA$-669.00K | CA$6.80 Million | CA$2.90 Million | ▼ -653.0 pp |
| 2019 | 69.8% | CA$1.58 Million | CA$2.26 Million | CA$2.66 Million | CA$1.08 Million | ▼ -19.8 pp |
| 2018 | 89.6% | CA$5.71 Million | CA$6.37 Million | CA$6.32 Million | CA$607.00K | ▲ +20.4 pp |
| 2017 | 69.2% | CA$1.98 Million | CA$2.86 Million | CA$2.59 Million | CA$615.00K | ▼ -14.1 pp |
| 2016 | 83.4% | CA$4.85 Million | CA$5.82 Million | CA$6.13 Million | CA$1.28 Million | ▲ +3.2 pp |
| 2015 | 80.2% | CA$4.36 Million | CA$5.43 Million | CA$7.38 Million | CA$3.03 Million | ▼ -9.9 pp |
| 2014 | 90.1% | CA$7.95 Million | CA$8.82 Million | CA$10.99 Million | CA$3.04 Million | ▲ +8.3 pp |
| 2013 | 81.8% | CA$4.66 Million | CA$5.70 Million | CA$8.40 Million | CA$3.74 Million | ▼ -9.4 pp |
| 2012 | 91.2% | CA$9.64 Million | CA$10.57 Million | CA$11.65 Million | CA$2.01 Million | ▼ -4.2 pp |
| 2011 | 95.4% | CA$18.06 Million | CA$18.94 Million | CA$19.77 Million | CA$1.71 Million | ▲ +1.1 pp |
| 2010 | 94.3% | CA$14.85 Million | CA$15.75 Million | CA$16.17 Million | CA$1.32 Million | ▲ +59.1 pp |
| 2009 | 35.2% | CA$480.00K | CA$1.36 Million | CA$3.89 Million | CA$3.41 Million | ▼ -84.9 pp |
| 2008 | 120.0% | CA$4.86 Million | CA$4.05 Million | CA$5.40 Million | CA$540.00K | ▲ +18.4 pp |
| 2007 | 101.6% | CA$5.53 Million | CA$5.44 Million | CA$5.91 Million | CA$379.00K | ▲ +6.5 pp |
| 2006 | 95.1% | CA$6.64 Million | CA$6.99 Million | CA$7.15 Million | CA$504.00K | ▼ -894.0 pp |
| 2005 | 989.0% | CA$7.30 Million | CA$738.00K | CA$8.52 Million | CA$1.22 Million | ▲ +920.4 pp |
| 2004 | 68.6% | CA$3.65 Million | CA$5.33 Million | CA$6.16 Million | CA$2.51 Million | ▲ +41.8 pp |
| 2003 | 26.8% | CA$2.42 Million | CA$9.03 Million | CA$6.39 Million | CA$3.98 Million | ▼ -8.3 pp |
| 2002 | 35.1% | CA$1.35 Million | CA$3.84 Million | CA$5.58 Million | CA$4.24 Million | ▼ -42.0 pp |
| 2001 | 77.1% | CA$6.31 Million | CA$8.19 Million | CA$10.84 Million | CA$4.53 Million | ▲ +7.0 pp |
| 2000 | 70.2% | CA$4.08 Million | CA$5.81 Million | CA$7.93 Million | CA$3.86 Million | ▲ +4.6 pp |
| 1999 | 65.6% | CA$6.10 Million | CA$9.30 Million | CA$9.40 Million | CA$3.30 Million | ▲ +24.3 pp |
| 1998 | 41.3% | CA$6.60 Million | CA$16.00 Million | CA$11.70 Million | CA$5.10 Million | ▼ -10.5 pp |
| 1997 | 51.7% | CA$13.60 Million | CA$26.30 Million | CA$17.50 Million | CA$3.90 Million | ▼ -20.4 pp |
| 1996 | 72.1% | CA$28.20 Million | CA$39.10 Million | CA$31.20 Million | CA$3.00 Million | ▲ +8.4 pp |
| 1995 | 63.7% | CA$18.10 Million | CA$28.40 Million | CA$19.80 Million | CA$1.70 Million | ▼ -17.4 pp |
| 1994 | 81.2% | CA$31.90 Million | CA$39.30 Million | CA$33.50 Million | CA$1.60 Million | ▲ +17.0 pp |
| 1993 | 64.2% | CA$10.20 Million | CA$15.90 Million | CA$11.00 Million | CA$800.00K | ▼ -14.8 pp |
| 1992 | 78.9% | CA$3.00 Million | CA$3.80 Million | CA$3.70 Million | CA$700.00K | — |