Northern Dynasty Minerals Ltd Working Capital to Net Assets Ratio
Northern Dynasty Minerals Ltd working capital to net assets ratio. Northern Dynasty Minerals Ltd (NDM) has a Working Capital to Net Assets ratio of -34.8% as of September 2025. Working capital of CA$-21.00 Million (current assets of CA$45.50 Million minus current liabilities of CA$66.49 Million) is measured against net assets of CA$60.40 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NDM tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Northern Dynasty Minerals Ltd (2001–2024)
Working capital to net assets ratio of Northern Dynasty Minerals Ltd from 2001 to 2024. This chart shows how Northern Dynasty Minerals Ltd's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at -34.8%, reflecting working capital of CA$-21.00 Million against net assets of CA$60.40 Million CAD. See NDM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Northern Dynasty Minerals Ltd Working Capital to Net Assets Ratio by Year (2001–2024)
Northern Dynasty Minerals Ltd working capital to net assets ratio by year from 2001 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Northern Dynasty Minerals Ltd from 2001 to 2024, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Northern Dynasty Minerals Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -22.0% | CA$-21.36 Million | CA$97.20 Million | CA$18.05 Million | CA$39.41 Million | ▼ -22.7 pp |
| 2023 | 0.7% | CA$899.00K | CA$123.28 Million | CA$21.12 Million | CA$20.23 Million | ▼ -9.6 pp |
| 2022 | 10.3% | CA$14.77 Million | CA$142.69 Million | CA$16.84 Million | CA$2.07 Million | ▼ -3.6 pp |
| 2021 | 14.0% | CA$21.73 Million | CA$155.49 Million | CA$24.16 Million | CA$2.42 Million | ▼ -7.2 pp |
| 2020 | 21.2% | CA$36.53 Million | CA$172.31 Million | CA$43.94 Million | CA$7.41 Million | ▲ +21.4 pp |
| 2019 | -0.2% | CA$-233.00K | CA$138.50 Million | CA$14.95 Million | CA$15.19 Million | ▼ -6.7 pp |
| 2018 | 6.6% | CA$9.74 Million | CA$148.21 Million | CA$16.26 Million | CA$6.52 Million | ▼ -34.8 pp |
| 2017 | 41.3% | CA$56.83 Million | CA$137.50 Million | CA$68.15 Million | CA$11.32 Million | ▲ +37.0 pp |
| 2016 | 4.3% | CA$6.38 Million | CA$148.85 Million | CA$7.88 Million | CA$1.50 Million | ▼ -0.8 pp |
| 2015 | 5.1% | CA$7.89 Million | CA$154.98 Million | CA$10.62 Million | CA$2.72 Million | ▲ +0.5 pp |
| 2014 | 4.6% | CA$5.87 Million | CA$127.96 Million | CA$11.90 Million | CA$6.03 Million | ▼ -17.6 pp |
| 2013 | 22.2% | CA$29.68 Million | CA$133.93 Million | CA$33.73 Million | CA$4.05 Million | ▼ -2.8 pp |
| 2012 | 24.9% | CA$32.13 Million | CA$128.89 Million | CA$32.54 Million | CA$409.00K | ▼ -5.1 pp |
| 2011 | 30.0% | CA$42.47 Million | CA$141.36 Million | CA$42.64 Million | CA$170.00K | ▼ -0.9 pp |
| 2010 | 30.9% | CA$43.33 Million | CA$140.06 Million | CA$43.89 Million | CA$554.00K | ▲ +0.2 pp |
| 2009 | 30.8% | CA$44.94 Million | CA$146.07 Million | CA$45.13 Million | CA$193.00K | ▲ +160.8 pp |
| 2008 | -130.0% | CA$46.97 Million | CA$-36.12 Million | CA$60.31 Million | CA$13.34 Million | ▼ -153.3 pp |
| 2007 | 23.3% | CA$33.75 Million | CA$144.86 Million | CA$41.38 Million | CA$7.63 Million | ▼ -22.4 pp |
| 2006 | 45.7% | CA$90.27 Million | CA$197.53 Million | CA$98.11 Million | CA$7.84 Million | ▲ +6.5 pp |
| 2005 | 39.2% | CA$11.02 Million | CA$28.14 Million | CA$14.18 Million | CA$3.16 Million | ▼ -6.5 pp |
| 2004 | 45.6% | CA$10.23 Million | CA$22.42 Million | CA$13.25 Million | CA$3.03 Million | ▼ -54.0 pp |
| 2003 | 99.6% | CA$3.24 Million | CA$3.25 Million | CA$3.67 Million | CA$429.72K | ▲ +0.2 pp |
| 2002 | 99.4% | CA$496.05K | CA$498.86K | CA$682.34K | CA$186.29K | ▼ -0.4 pp |
| 2001 | 99.8% | CA$1.82 Million | CA$1.82 Million | CA$2.58 Million | CA$768.54K | — |