Medicenna Therapeutics Corp (MDNA) — Working Capital to Net Assets Ratio
Medicenna Therapeutics Corp (MDNA) has a Working Capital to Net Assets ratio of 130.2% as of December 2025. Working capital of CA$8.09 Million (current assets of CA$12.91 Million minus current liabilities of CA$4.82 Million) is measured against net assets of CA$6.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MDNA financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Medicenna Therapeutics Corp Working Capital to Net Assets (2014–2025)
This chart shows how Medicenna Therapeutics Corp's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 130.2%, reflecting working capital of CA$8.09 Million against net assets of CA$6.21 Million CAD. See MDNA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Medicenna Therapeutics Corp (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Medicenna Therapeutics Corp from 2014 to 2025, covering 12 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 cap of Medicenna Therapeutics Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 124.3% | CA$23.74 Million | CA$19.09 Million | CA$28.17 Million | CA$4.43 Million | ▼ -188.0 pp |
| 2024 | 312.3% | CA$16.21 Million | CA$5.19 Million | CA$19.08 Million | CA$2.86 Million | ▲ +201.8 pp |
| 2023 | 110.5% | CA$32.59 Million | CA$29.49 Million | CA$36.38 Million | CA$3.80 Million | ▲ +10.8 pp |
| 2022 | 99.7% | CA$20.77 Million | CA$20.84 Million | CA$23.39 Million | CA$2.62 Million | ▼ 0.0 pp |
| 2021 | 99.7% | CA$38.04 Million | CA$38.15 Million | CA$42.15 Million | CA$4.11 Million | ▲ +0.0 pp |
| 2020 | 99.7% | CA$36.04 Million | CA$36.15 Million | CA$37.85 Million | CA$1.82 Million | ▼ -3.9 pp |
| 2019 | 103.6% | CA$2.71 Million | CA$2.62 Million | CA$5.11 Million | CA$2.40 Million | ▼ -8.0 pp |
| 2018 | 111.5% | CA$2.41 Million | CA$2.16 Million | CA$4.29 Million | CA$1.88 Million | ▲ +5.8 pp |
| 2017 | 105.7% | CA$7.04 Million | CA$6.66 Million | CA$14.39 Million | CA$7.35 Million | ▲ +10.1 pp |
| 2016 | 95.6% | CA$2.15 Million | CA$2.24 Million | CA$5.66 Million | CA$3.51 Million | ▼ -11.8 pp |
| 2015 | 107.4% | CA$-20.74K | CA$-19.30K | CA$271.13K | CA$291.87K | ▲ +7.4 pp |
| 2014 | 100.0% | CA$-267.05K | CA$-267.05K | CA$562.85K | CA$829.89K | — |