Tantalus Systems Holding Inc (GRID) — Working Capital to Net Assets Ratio
Tantalus Systems Holding Inc (GRID) has a Working Capital to Net Assets ratio of 36.3% as of September 2025. Working capital of CA$2.47 Million (current assets of CA$25.00 Million minus current liabilities of CA$22.53 Million) is measured against net assets of CA$6.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GRID net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tantalus Systems Holding Inc Working Capital to Net Assets (2018–2024)
This chart shows how Tantalus Systems Holding Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 36.3%, reflecting working capital of CA$2.47 Million against net assets of CA$6.80 Million CAD. Check tangible equity quality of Tantalus Systems Holding Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tantalus Systems Holding Inc (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tantalus Systems Holding Inc from 2018 to 2024, 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 Tantalus Systems Holding Inc market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 31.0% | CA$2.15 Million | CA$6.94 Million | CA$29.89 Million | CA$27.74 Million | ▲ +266.9 pp |
| 2023 | -235.9% | CA$-5.47 Million | CA$2.32 Million | CA$21.80 Million | CA$27.27 Million | ▼ -117.4 pp |
| 2022 | -118.6% | CA$-4.24 Million | CA$3.58 Million | CA$22.79 Million | CA$27.04 Million | ▼ -199.2 pp |
| 2021 | 80.6% | CA$5.47 Million | CA$6.79 Million | CA$26.43 Million | CA$20.95 Million | ▼ -115.7 pp |
| 2020 | 196.3% | CA$-4.54 Million | CA$-2.31 Million | CA$20.72 Million | CA$25.26 Million | ▲ +9.4 pp |
| 2019 | 187.0% | CA$-5.35 Million | CA$-2.86 Million | CA$16.75 Million | CA$22.10 Million | ▼ -2.2 pp |
| 2018 | 189.1% | CA$-5.16 Million | CA$-2.73 Million | CA$17.04 Million | CA$22.19 Million | — |