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 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
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. See GRID days of operational coverage to measure how many days the company can operate on defensive assets alone.
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 market value of Tantalus Systems Holding Inc.
| 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 | — |