MCAN Mortgage Corporation (MKP) — 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. See operational self-sufficiency of MCAN Mortgage Corporation to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MCAN Mortgage Corporation Working Capital to Net Assets (1996–2025)
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. For the complete balance sheet picture, see MCAN Mortgage Corporation balance sheet assets.
Annual Working Capital to Net Assets for MCAN Mortgage Corporation (1996–2025)
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. Check MCAN Mortgage Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |