Magellan Aerospace Corporation (MAL) — Working Capital to Net Assets Ratio
Magellan Aerospace Corporation (MAL) has a Working Capital to Net Assets ratio of 51.3% as of March 2026. Working capital of CA$431.94 Million (current assets of CA$717.81 Million minus current liabilities of CA$285.86 Million) is measured against net assets of CA$842.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MAL 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
Magellan Aerospace Corporation Working Capital to Net Assets (1992–2025)
This chart shows how Magellan Aerospace Corporation's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 51.3%, reflecting working capital of CA$431.94 Million against net assets of CA$842.11 Million CAD. See Magellan Aerospace Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Magellan Aerospace Corporation (1992–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Magellan Aerospace Corporation from 1992 to 2025, covering 34 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 MAL stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.5% | CA$416.80 Million | CA$825.83 Million | CA$654.96 Million | CA$238.17 Million | ▼ 0.0 pp |
| 2024 | 50.5% | CA$405.36 Million | CA$802.82 Million | CA$643.10 Million | CA$237.74 Million | ▲ +2.3 pp |
| 2023 | 48.2% | CA$355.15 Million | CA$737.42 Million | CA$550.80 Million | CA$195.65 Million | ▲ +3.0 pp |
| 2022 | 45.2% | CA$330.73 Million | CA$731.73 Million | CA$512.28 Million | CA$181.56 Million | ▼ -0.2 pp |
| 2021 | 45.4% | CA$347.65 Million | CA$765.82 Million | CA$481.29 Million | CA$133.65 Million | ▼ -0.4 pp |
| 2020 | 45.8% | CA$359.96 Million | CA$785.88 Million | CA$524.76 Million | CA$164.80 Million | ▲ +3.7 pp |
| 2019 | 42.1% | CA$343.30 Million | CA$815.88 Million | CA$543.36 Million | CA$200.05 Million | ▲ +2.2 pp |
| 2018 | 39.9% | CA$313.99 Million | CA$787.67 Million | CA$512.79 Million | CA$198.80 Million | ▲ +6.4 pp |
| 2017 | 33.4% | CA$232.10 Million | CA$694.23 Million | CA$445.51 Million | CA$213.41 Million | ▼ -2.5 pp |
| 2016 | 35.9% | CA$217.96 Million | CA$607.33 Million | CA$447.31 Million | CA$229.35 Million | ▼ -6.6 pp |
| 2015 | 42.4% | CA$245.03 Million | CA$577.35 Million | CA$458.78 Million | CA$213.75 Million | ▲ +4.2 pp |
| 2014 | 38.3% | CA$175.91 Million | CA$459.60 Million | CA$352.90 Million | CA$176.99 Million | ▲ +27.7 pp |
| 2013 | 10.5% | CA$42.97 Million | CA$408.16 Million | CA$327.46 Million | CA$284.49 Million | ▼ -36.7 pp |
| 2012 | 47.2% | CA$157.98 Million | CA$334.52 Million | CA$312.05 Million | CA$154.07 Million | ▼ -4.9 pp |
| 2011 | 52.1% | CA$147.26 Million | CA$282.69 Million | CA$265.80 Million | CA$118.53 Million | ▲ +64.3 pp |
| 2010 | -12.2% | CA$-32.45 Million | CA$265.82 Million | CA$276.56 Million | CA$309.01 Million | ▼ -18.4 pp |
| 2009 | 6.2% | CA$16.87 Million | CA$270.35 Million | CA$295.15 Million | CA$278.28 Million | ▲ +39.6 pp |
| 2008 | -33.4% | CA$-88.12 Million | CA$263.81 Million | CA$267.08 Million | CA$355.20 Million | ▼ -55.4 pp |
| 2007 | 22.0% | CA$58.38 Million | CA$265.93 Million | CA$333.94 Million | CA$275.56 Million | ▼ -7.0 pp |
| 2006 | 28.9% | CA$88.17 Million | CA$304.89 Million | CA$360.73 Million | CA$272.56 Million | ▼ -7.7 pp |
| 2005 | 36.6% | CA$112.74 Million | CA$307.74 Million | CA$351.74 Million | CA$239.00 Million | ▼ -0.1 pp |
| 2004 | 36.7% | CA$134.28 Million | CA$365.45 Million | CA$364.97 Million | CA$230.69 Million | ▼ -14.2 pp |
| 2003 | 50.9% | CA$179.11 Million | CA$351.82 Million | CA$374.73 Million | CA$195.63 Million | ▼ -7.2 pp |
| 2002 | 58.1% | CA$173.63 Million | CA$298.67 Million | CA$376.05 Million | CA$202.41 Million | ▲ +13.3 pp |
| 2001 | 44.8% | CA$142.86 Million | CA$318.56 Million | CA$336.24 Million | CA$193.38 Million | ▼ -12.7 pp |
| 2000 | 57.5% | CA$156.67 Million | CA$272.26 Million | CA$333.66 Million | CA$176.99 Million | ▼ -14.1 pp |
| 1999 | 71.7% | CA$166.10 Million | CA$231.80 Million | CA$328.00 Million | CA$161.90 Million | ▲ +2.9 pp |
| 1998 | 68.8% | CA$121.30 Million | CA$176.40 Million | CA$260.50 Million | CA$139.20 Million | ▼ -4.2 pp |
| 1997 | 73.0% | CA$100.60 Million | CA$137.90 Million | CA$200.90 Million | CA$100.30 Million | ▼ -4.1 pp |
| 1996 | 77.1% | CA$49.80 Million | CA$64.60 Million | CA$96.40 Million | CA$46.60 Million | ▲ +40.9 pp |
| 1995 | 36.2% | CA$11.80 Million | CA$32.60 Million | CA$42.40 Million | CA$30.60 Million | ▼ -384.9 pp |
| 1994 | 421.1% | CA$-24.00 Million | CA$-5.70 Million | CA$42.60 Million | CA$66.60 Million | ▲ +384.2 pp |
| 1993 | 36.8% | CA$14.00 Million | CA$38.00 Million | CA$61.70 Million | CA$47.70 Million | ▼ -2.9 pp |
| 1992 | 39.8% | CA$7.40 Million | CA$18.60 Million | CA$35.20 Million | CA$27.80 Million | — |