MCAN Mortgage Corporation (MKP) — Working Capital to Net Assets Ratio
MCAN Mortgage Corporation (MKP) has a Working Capital to Net Assets ratio of 30.5% as of December 2025. Working capital of CA$196.66 Million (current assets of CA$216.10 Million minus current liabilities of CA$19.44 Million) is measured against net assets of CA$644.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MCAN Mortgage Corporation balance sheet independence to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 30.5%, reflecting working capital of CA$196.66 Million against net assets of CA$644.85 Million CAD. Check MCAN Mortgage Corporation (MKP) tangible net worth to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see MKP market cap overview.
| 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 | — |