National Bank of Canada Working Capital to Net Assets Ratio
National Bank of Canada working capital to net assets ratio. National Bank of Canada (NA) has a Working Capital to Net Assets ratio of -61.4% as of April 2026. Working capital of CA$-20.63 Billion (current assets of CA$45.42 Billion minus current liabilities of CA$66.05 Billion) is measured against net assets of CA$33.58 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check National Bank of Canada (NA) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of National Bank of Canada (1993–2025)
Working capital to net assets ratio of National Bank of Canada from 1993 to 2025. This chart shows how National Bank of Canada's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1993 to 2025. As of April 2026, the ratio stands at -61.4%, reflecting working capital of CA$-20.63 Billion against net assets of CA$33.58 Billion CAD. See operational self-sufficiency of National Bank of Canada to measure how many days the company can operate on defensive assets alone.
National Bank of Canada Working Capital to Net Assets Ratio by Year (1993–2025)
National Bank of Canada working capital to net assets ratio by year from 1993 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for National Bank of Canada from 1993 to 2025, covering 31 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NA total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1219.4% | CA$-411.79 Billion | CA$33.77 Billion | CA$38.80 Billion | CA$450.59 Billion | ▼ -21.3 pp |
| 2024 | -1198.1% | CA$-306.11 Billion | CA$25.55 Billion | CA$43.04 Billion | CA$349.15 Billion | ▼ -459.2 pp |
| 2023 | -738.9% | CA$-174.95 Billion | CA$23.68 Billion | CA$45.33 Billion | CA$220.28 Billion | ▲ +10.2 pp |
| 2022 | -749.1% | CA$-162.90 Billion | CA$21.75 Billion | CA$41.30 Billion | CA$204.20 Billion | ▲ +680.2 pp |
| 2021 | -1429.3% | CA$-267.02 Billion | CA$18.68 Billion | CA$40.17 Billion | CA$307.19 Billion | ▼ -1554.6 pp |
| 2020 | 125.3% | CA$20.52 Billion | CA$16.38 Billion | CA$37.17 Billion | CA$16.64 Billion | ▲ +943.7 pp |
| 2019 | -818.5% | CA$-123.89 Billion | CA$15.14 Billion | CA$17.32 Billion | CA$141.21 Billion | ▼ -46.7 pp |
| 2018 | -771.8% | CA$-110.80 Billion | CA$14.36 Billion | CA$16.76 Billion | CA$127.55 Billion | ▼ -756.0 pp |
| 2017 | -15.8% | CA$-2.01 Billion | CA$12.75 Billion | CA$13.82 Billion | CA$15.83 Billion | ▲ +606.8 pp |
| 2016 | -622.6% | CA$-75.35 Billion | CA$12.10 Billion | CA$13.69 Billion | CA$89.04 Billion | ▼ -675.6 pp |
| 2015 | 53.0% | CA$6.02 Billion | CA$11.36 Billion | CA$24.80 Billion | CA$18.79 Billion | ▼ -23.8 pp |
| 2014 | 76.8% | CA$8.06 Billion | CA$10.50 Billion | CA$12.03 Billion | CA$3.96 Billion | ▲ +460.3 pp |
| 2013 | -383.6% | CA$-34.34 Billion | CA$8.95 Billion | CA$3.28 Billion | CA$37.62 Billion | ▼ -416.1 pp |
| 2012 | 32.5% | CA$2.68 Billion | CA$8.24 Billion | CA$7.15 Billion | CA$4.47 Billion | ▼ -21.8 pp |
| 2011 | 54.4% | CA$4.08 Billion | CA$7.50 Billion | CA$21.70 Billion | CA$17.62 Billion | ▲ +240.4 pp |
| 2010 | -186.0% | CA$-33.21 Billion | CA$17.85 Billion | CA$17.98 Billion | CA$51.19 Billion | ▼ -43.1 pp |
| 2009 | -142.9% | CA$-10.96 Billion | CA$7.67 Billion | CA$19.08 Billion | CA$30.05 Billion | ▼ -74.9 pp |
| 2008 | -67.9% | CA$-5.12 Billion | CA$7.54 Billion | CA$18.25 Billion | CA$23.38 Billion | ▲ +7.9 pp |
| 2007 | -75.9% | CA$-4.25 Billion | CA$5.60 Billion | CA$17.30 Billion | CA$21.55 Billion | ▲ +5.3 pp |
| 2006 | -81.2% | CA$-4.35 Billion | CA$5.36 Billion | CA$22.35 Billion | CA$26.70 Billion | ▼ -536.0 pp |
| 2004 | 454.9% | CA$20.81 Billion | CA$4.57 Billion | CA$41.16 Billion | CA$20.36 Billion | ▲ +291.3 pp |
| 2003 | 163.6% | CA$7.35 Billion | CA$4.50 Billion | CA$7.88 Billion | CA$523.00 Million | ▼ -1.2 pp |
| 2002 | 164.7% | CA$7.23 Billion | CA$4.39 Billion | CA$7.67 Billion | CA$442.00 Million | ▼ -1570.0 pp |
| 2000 | 1734.8% | CA$74.53 Billion | CA$4.30 Billion | CA$75.25 Billion | CA$728.00 Million | ▼ -90.3 pp |
| 1999 | 1825.0% | CA$68.33 Billion | CA$3.74 Billion | CA$69.10 Billion | CA$773.00 Million | ▼ -335.5 pp |
| 1998 | 2160.6% | CA$69.53 Billion | CA$3.22 Billion | CA$70.24 Billion | CA$710.00 Million | ▲ +143.5 pp |
| 1997 | 2017.1% | CA$65.07 Billion | CA$3.23 Billion | CA$65.73 Billion | CA$662.00 Million | ▼ -25.9 pp |
| 1996 | 2043.0% | CA$51.91 Billion | CA$2.54 Billion | CA$52.63 Billion | CA$717.00 Million | ▲ +30.1 pp |
| 1995 | 2013.0% | CA$47.53 Billion | CA$2.36 Billion | CA$48.42 Billion | CA$895.00 Million | ▲ +164.6 pp |
| 1994 | 1848.4% | CA$43.65 Billion | CA$2.36 Billion | CA$44.29 Billion | CA$640.40 Million | ▼ -211.4 pp |
| 1993 | 2059.8% | CA$41.45 Billion | CA$2.01 Billion | CA$42.17 Billion | CA$719.30 Million | — |