MCAN Mortgage Corporation Working Capital to Net Assets Ratio
MCAN Mortgage Corporation working capital to net assets ratio. MCAN Mortgage Corporation (MKP) has a Working Capital to Net Assets ratio of 28.3% as of June 2026. Working capital of CA$188.92 Million (current assets of CA$225.10 Million minus current liabilities of CA$36.18 Million) is measured against net assets of CA$666.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is MCAN Mortgage Corporation's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of MCAN Mortgage Corporation (1996–2025)
Working capital to net assets ratio of MCAN Mortgage Corporation from 1996 to 2025. This chart shows how MCAN Mortgage Corporation's Working Capital to Net Assets ratio has evolved across 26 annual periods from 1996 to 2025. As of June 2026, the ratio stands at 28.3%, reflecting working capital of CA$188.92 Million against net assets of CA$666.90 Million CAD. See MKP defensive interval ratio to measure how many days the company can operate on defensive assets alone.
MCAN Mortgage Corporation Working Capital to Net Assets Ratio by Year (1996–2025)
MCAN Mortgage Corporation working capital to net assets ratio by year from 1996 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for MCAN Mortgage Corporation from 1996 to 2025, covering 26 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 MKP asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 30.5% | CA$196.59 Million | CA$644.85 Million | CA$216.10 Million | CA$19.51 Million | ▼ -791.9 pp |
| 2024 | 822.4% | CA$4.93 Billion | CA$599.19 Million | CA$4.96 Billion | CA$30.75 Million | ▼ -2.5 pp |
| 2023 | 825.0% | CA$4.39 Billion | CA$531.84 Million | CA$4.41 Billion | CA$23.88 Million | ▲ +812.5 pp |
| 2022 | 12.4% | CA$60.77 Million | CA$489.31 Million | CA$81.32 Million | CA$20.55 Million | ▼ -795.1 pp |
| 2021 | 807.5% | CA$3.50 Billion | CA$433.26 Million | CA$3.52 Billion | CA$18.71 Million | ▲ +88.8 pp |
| 2020 | 718.7% | CA$2.49 Billion | CA$346.51 Million | CA$2.49 Billion | CA$2.06 Million | ▲ +138.4 pp |
| 2019 | 580.4% | CA$1.92 Billion | CA$330.31 Million | CA$1.93 Billion | CA$12.86 Million | ▲ +535.1 pp |
| 2018 | 45.2% | CA$138.75 Million | CA$306.69 Million | CA$152.09 Million | CA$13.34 Million | ▲ +284.5 pp |
| 2017 | -239.3% | CA$-710.57 Million | CA$296.98 Million | CA$193.53 Million | CA$904.10 Million | ▲ +25.0 pp |
| 2016 | -264.3% | CA$-744.71 Million | CA$281.78 Million | CA$182.58 Million | CA$927.29 Million | ▲ +39.3 pp |
| 2015 | -303.6% | CA$-785.73 Million | CA$258.80 Million | CA$129.83 Million | CA$915.55 Million | ▼ -1068.0 pp |
| 2014 | 764.4% | CA$1.72 Billion | CA$225.30 Million | CA$1.73 Billion | CA$11.07 Million | ▼ -121.4 pp |
| 2013 | 885.8% | CA$1.90 Billion | CA$214.90 Million | CA$1.92 Billion | CA$12.53 Million | ▼ -319.8 pp |
| 2012 | 1205.6% | CA$2.19 Billion | CA$181.91 Million | CA$2.20 Billion | CA$9.51 Million | ▲ +2914.0 pp |
| 2011 | -1708.4% | CA$-2.71 Billion | CA$158.47 Million | CA$426.94 Million | CA$3.13 Billion | ▼ -1779.0 pp |
| 2010 | 70.6% | CA$91.39 Million | CA$129.37 Million | CA$119.67 Million | CA$28.27 Million | ▼ -57.3 pp |
| 2009 | 128.0% | CA$157.26 Million | CA$122.88 Million | CA$180.32 Million | CA$23.06 Million | ▲ +36.6 pp |
| 2008 | 91.4% | CA$106.56 Million | CA$116.61 Million | CA$133.44 Million | CA$26.88 Million | ▲ +47.8 pp |
| 2007 | 43.6% | CA$44.91 Million | CA$103.01 Million | CA$53.96 Million | CA$9.05 Million | ▲ +12.4 pp |
| 2006 | 31.2% | CA$26.41 Million | CA$84.61 Million | CA$30.54 Million | CA$4.13 Million | ▼ -373.1 pp |
| 2001 | 404.3% | CA$194.68 Million | CA$48.15 Million | CA$214.81 Million | CA$20.13 Million | ▲ +404.2 pp |
| 2000 | 0.2% | CA$72.00K | CA$42.95 Million | CA$17.24 Million | CA$17.17 Million | ▲ +0.2 pp |
| 1999 | 0.0% | CA$0.00 | CA$36.00 Million | CA$18.00 Million | CA$18.00 Million | ▼ -23.8 pp |
| 1998 | 23.8% | CA$8.60 Million | CA$36.10 Million | CA$13.30 Million | CA$4.70 Million | ▲ +28.5 pp |
| 1997 | -4.7% | CA$-1.70 Million | CA$36.10 Million | CA$3.00 Million | CA$4.70 Million | ▼ -10.2 pp |
| 1996 | 5.5% | CA$2.00 Million | CA$36.10 Million | CA$7.00 Million | CA$5.00 Million | — |