Mineros SA (MSA) — Working Capital to Net Assets Ratio
Mineros SA (MSA) has a Working Capital to Net Assets ratio of 22.0% as of December 2025. Working capital of CA$113.29 Million (current assets of CA$270.29 Million minus current liabilities of CA$157.00 Million) is measured against net assets of CA$514.42 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Mineros SA to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mineros SA Working Capital to Net Assets (2009–2025)
This chart shows how Mineros SA's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 22.0%, reflecting working capital of CA$113.29 Million against net assets of CA$514.42 Million CAD. Check tangible equity quality of Mineros SA to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mineros SA (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mineros SA from 2009 to 2025, covering 17 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 value of Mineros SA.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.0% | CA$113.29 Million | CA$514.42 Million | CA$270.29 Million | CA$157.00 Million | ▲ +0.9 pp |
| 2024 | 21.1% | CA$86.24 Million | CA$408.55 Million | CA$192.26 Million | CA$106.02 Million | ▲ +3.9 pp |
| 2023 | 17.2% | CA$59.58 Million | CA$345.56 Million | CA$144.34 Million | CA$84.77 Million | ▲ +1.3 pp |
| 2022 | 15.9% | CA$55.17 Million | CA$346.55 Million | CA$189.75 Million | CA$134.58 Million | ▼ -1.5 pp |
| 2021 | 17.5% | CA$64.14 Million | CA$367.53 Million | CA$174.74 Million | CA$110.60 Million | ▼ -5.3 pp |
| 2020 | 22.7% | CA$69.93 Million | CA$308.04 Million | CA$195.99 Million | CA$126.06 Million | ▲ +7.3 pp |
| 2019 | 15.4% | CA$42.68 Million | CA$277.07 Million | CA$148.75 Million | CA$106.08 Million | ▲ +1.2 pp |
| 2018 | 14.2% | CA$34.63 Million | CA$244.37 Million | CA$130.76 Million | CA$96.13 Million | ▲ +6.4 pp |
| 2017 | 7.7% | CA$17.40 Million | CA$225.36 Million | CA$51.21 Million | CA$33.81 Million | ▲ +9.8 pp |
| 2016 | -2.1% | CA$-4.27 Million | CA$205.36 Million | CA$35.30 Million | CA$39.58 Million | ▼ -0.1 pp |
| 2015 | -2.0% | CA$-3.74 Million | CA$186.54 Million | CA$38.56 Million | CA$42.29 Million | ▲ +3.5 pp |
| 2014 | -5.5% | CA$-14.61 Million | CA$266.65 Million | CA$37.96 Million | CA$52.57 Million | ▼ -13.9 pp |
| 2013 | 8.4% | CA$25.08 Million | CA$297.00 Million | CA$72.73 Million | CA$47.65 Million | ▼ -26.4 pp |
| 2012 | 34.8% | CA$105.29 Million | CA$302.57 Million | CA$136.15 Million | CA$30.86 Million | ▲ +4.1 pp |
| 2011 | 30.7% | CA$70.63 Million | CA$229.98 Million | CA$107.51 Million | CA$36.88 Million | ▲ +6.8 pp |
| 2010 | 23.9% | CA$47.55 Million | CA$198.71 Million | CA$69.44 Million | CA$21.89 Million | ▲ +6.7 pp |
| 2009 | 17.3% | CA$26.36 Million | CA$152.82 Million | CA$48.91 Million | CA$22.55 Million | — |