Keyera Corp. (KEY) — Working Capital to Net Assets Ratio
Keyera Corp. (KEY) has a Working Capital to Net Assets ratio of 82.8% as of March 2026. Working capital of CA$2.09 Billion (current assets of CA$5.54 Billion minus current liabilities of CA$3.45 Billion) is measured against net assets of CA$2.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Keyera Corp. financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Keyera Corp. Working Capital to Net Assets (2003–2025)
This chart shows how Keyera Corp.'s Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 82.8%, reflecting working capital of CA$2.09 Billion against net assets of CA$2.52 Billion CAD. See KEY defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Keyera Corp. (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Keyera Corp. from 2003 to 2025, covering 23 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 KEY stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 82.8% | CA$2.29 Billion | CA$2.76 Billion | CA$5.30 Billion | CA$3.02 Billion | ▲ +84.9 pp |
| 2024 | -2.2% | CA$-60.93 Million | CA$2.83 Billion | CA$1.13 Billion | CA$1.19 Billion | ▼ -12.0 pp |
| 2023 | 9.8% | CA$272.79 Million | CA$2.78 Billion | CA$1.07 Billion | CA$795.22 Million | ▲ +6.0 pp |
| 2022 | 3.8% | CA$108.13 Million | CA$2.82 Billion | CA$1.11 Billion | CA$1000.00 Million | ▼ -3.2 pp |
| 2021 | 7.0% | CA$186.17 Million | CA$2.66 Billion | CA$1.10 Billion | CA$912.96 Million | ▲ +1.7 pp |
| 2020 | 5.4% | CA$147.82 Million | CA$2.76 Billion | CA$646.85 Million | CA$499.03 Million | ▲ +10.6 pp |
| 2019 | -5.3% | CA$-160.68 Million | CA$3.05 Billion | CA$656.28 Million | CA$816.96 Million | ▼ -5.3 pp |
| 2018 | 0.0% | CA$1.25 Million | CA$2.73 Billion | CA$738.70 Million | CA$737.45 Million | ▼ -13.5 pp |
| 2017 | 13.6% | CA$336.51 Million | CA$2.48 Billion | CA$938.00 Million | CA$601.49 Million | ▲ +11.1 pp |
| 2016 | 2.5% | CA$46.32 Million | CA$1.84 Billion | CA$579.05 Million | CA$532.73 Million | ▲ +7.8 pp |
| 2015 | -5.3% | CA$-73.62 Million | CA$1.40 Billion | CA$490.16 Million | CA$563.79 Million | ▼ -11.4 pp |
| 2014 | 6.1% | CA$80.73 Million | CA$1.32 Billion | CA$621.71 Million | CA$540.98 Million | ▼ -27.1 pp |
| 2013 | 33.2% | CA$306.82 Million | CA$923.71 Million | CA$787.12 Million | CA$480.31 Million | ▲ +15.2 pp |
| 2012 | 18.1% | CA$160.84 Million | CA$890.82 Million | CA$611.10 Million | CA$450.26 Million | ▼ -9.9 pp |
| 2011 | 27.9% | CA$186.51 Million | CA$668.22 Million | CA$548.62 Million | CA$362.11 Million | ▲ +37.3 pp |
| 2010 | -9.4% | CA$-73.91 Million | CA$785.04 Million | CA$425.52 Million | CA$499.44 Million | ▲ +4.5 pp |
| 2009 | -13.9% | CA$-96.97 Million | CA$698.44 Million | CA$326.57 Million | CA$423.53 Million | ▲ +9.5 pp |
| 2008 | -23.4% | CA$-149.03 Million | CA$636.25 Million | CA$408.87 Million | CA$557.90 Million | ▼ -37.2 pp |
| 2007 | 13.7% | CA$75.66 Million | CA$550.48 Million | CA$338.44 Million | CA$262.78 Million | ▲ +20.4 pp |
| 2006 | -6.6% | CA$-41.07 Million | CA$620.86 Million | CA$222.58 Million | CA$263.65 Million | ▼ -8.1 pp |
| 2005 | 1.5% | CA$9.67 Million | CA$630.20 Million | CA$254.14 Million | CA$244.47 Million | ▼ -4.1 pp |
| 2004 | 5.7% | CA$34.80 Million | CA$614.65 Million | CA$195.91 Million | CA$161.11 Million | ▲ +5.7 pp |
| 2003 | 0.0% | CA$8.00 | CA$155.99 Million | CA$1.54 Million | CA$1.54 Million | — |