Kelt Exploration Ltd. Working Capital to Net Assets Ratio
Kelt Exploration Ltd. working capital to net assets ratio. Kelt Exploration Ltd. (KEL) has a Working Capital to Net Assets ratio of -2.7% as of September 2025. Working capital of CA$-30.66 Million (current assets of CA$67.95 Million minus current liabilities of CA$98.61 Million) is measured against net assets of CA$1.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Kelt Exploration Ltd. (2012–2024)
Working capital to net assets ratio of Kelt Exploration Ltd. from 2012 to 2024. This chart shows how Kelt Exploration Ltd.'s Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at -2.7%, reflecting working capital of CA$-30.66 Million against net assets of CA$1.12 Billion CAD. Explore how much of Kelt Exploration Ltd.'s assets are long-term investments to see how much of total assets are deployed in long-term investments.
Kelt Exploration Ltd. Working Capital to Net Assets Ratio by Year (2012–2024)
Kelt Exploration Ltd. working capital to net assets ratio by year from 2012 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Kelt Exploration Ltd. from 2012 to 2024, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see KEL total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -2.1% | CA$-22.32 Million | CA$1.06 Billion | CA$71.28 Million | CA$93.61 Million | ▼ -0.6 pp |
| 2023 | -1.5% | CA$-15.09 Million | CA$1.00 Billion | CA$76.15 Million | CA$91.24 Million | ▼ -4.2 pp |
| 2022 | 2.7% | CA$24.16 Million | CA$901.42 Million | CA$111.55 Million | CA$87.39 Million | ▲ +6.3 pp |
| 2021 | -3.6% | CA$-25.85 Million | CA$722.72 Million | CA$50.72 Million | CA$76.57 Million | ▼ -7.9 pp |
| 2020 | 4.4% | CA$26.26 Million | CA$603.68 Million | CA$66.89 Million | CA$40.63 Million | ▲ +7.4 pp |
| 2019 | -3.0% | CA$-28.08 Million | CA$923.06 Million | CA$55.56 Million | CA$83.64 Million | ▲ +0.0 pp |
| 2018 | -3.1% | CA$-27.54 Million | CA$893.80 Million | CA$57.55 Million | CA$85.08 Million | ▲ +2.3 pp |
| 2017 | -5.4% | CA$-45.26 Million | CA$845.70 Million | CA$45.15 Million | CA$90.41 Million | ▼ -14.7 pp |
| 2016 | 9.4% | CA$79.11 Million | CA$843.30 Million | CA$137.62 Million | CA$58.51 Million | ▲ +13.5 pp |
| 2015 | -4.1% | CA$-34.52 Million | CA$847.62 Million | CA$30.27 Million | CA$64.79 Million | ▲ +5.2 pp |
| 2014 | -9.3% | CA$-57.50 Million | CA$619.64 Million | CA$40.73 Million | CA$98.23 Million | ▼ -14.5 pp |
| 2013 | 5.2% | CA$20.50 Million | CA$392.87 Million | CA$65.97 Million | CA$45.47 Million | ▲ +1252.9 pp |
| 2012 | -1247.7% | CA$-97.07 Million | CA$7.78 Million | CA$3.62 Million | CA$100.69 Million | — |