NextSource Materials Inc Working Capital to Net Assets Ratio
NextSource Materials Inc working capital to net assets ratio. NextSource Materials Inc (NEXT) has a Working Capital to Net Assets ratio of -42.3% as of March 2026. Working capital of CA$-16.07 Million (current assets of CA$26.39 Million minus current liabilities of CA$42.47 Million) is measured against net assets of CA$37.96 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NextSource Materials Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of NextSource Materials Inc (2005–2025)
Working capital to net assets ratio of NextSource Materials Inc from 2005 to 2025. This chart shows how NextSource Materials Inc's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at -42.3%, reflecting working capital of CA$-16.07 Million against net assets of CA$37.96 Million CAD. See NextSource Materials Inc (NEXT) liquidity interval to measure how many days the company can operate on defensive assets alone.
NextSource Materials Inc Working Capital to Net Assets Ratio by Year (2005–2025)
NextSource Materials Inc working capital to net assets ratio by year from 2005 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for NextSource Materials Inc from 2005 to 2025, covering 21 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NextSource Materials Inc balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -22.5% | CA$-9.24 Million | CA$40.99 Million | CA$14.52 Million | CA$23.76 Million | ▼ -28.5 pp |
| 2024 | 5.9% | CA$3.10 Million | CA$52.30 Million | CA$13.54 Million | CA$10.43 Million | ▲ +5.5 pp |
| 2023 | 0.5% | CA$120.05K | CA$25.20 Million | CA$8.02 Million | CA$7.90 Million | ▼ -452.1 pp |
| 2022 | 452.6% | CA$-13.87 Million | CA$-3.06 Million | CA$10.46 Million | CA$24.33 Million | ▲ +360.2 pp |
| 2021 | 92.4% | CA$-24.15 Million | CA$-26.15 Million | CA$22.58 Million | CA$46.73 Million | ▼ -8.5 pp |
| 2020 | 100.8% | CA$-918.05K | CA$-910.62K | CA$255.33K | CA$1.17 Million | ▲ +0.8 pp |
| 2019 | 100.0% | CA$-665.89K | CA$-665.89K | CA$613.40K | CA$1.28 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$-124.87K | CA$-124.87K | CA$394.48K | CA$519.35K | ▲ +1.7 pp |
| 2017 | 98.3% | CA$1.63 Million | CA$1.66 Million | CA$2.04 Million | CA$410.27K | ▲ +35.9 pp |
| 2016 | 62.4% | CA$36.39K | CA$58.30K | CA$570.31K | CA$533.92K | ▼ -56.9 pp |
| 2015 | 119.3% | CA$-485.77K | CA$-407.26K | CA$928.70K | CA$1.41 Million | ▲ +118.8 pp |
| 2014 | 0.5% | CA$-8.00K | CA$-1.71 Million | CA$1.85 Million | CA$1.85 Million | ▼ -90.2 pp |
| 2013 | 90.7% | CA$378.49K | CA$417.31K | CA$1.18 Million | CA$803.13K | ▼ -7.4 pp |
| 2012 | 98.1% | CA$2.55 Million | CA$2.60 Million | CA$4.20 Million | CA$1.65 Million | ▼ -1.9 pp |
| 2011 | 99.9% | CA$12.05 Million | CA$12.06 Million | CA$12.76 Million | CA$702.48K | ▲ +0.6 pp |
| 2010 | 99.4% | CA$2.43 Million | CA$2.45 Million | CA$2.85 Million | CA$413.12K | ▲ +0.1 pp |
| 2009 | 99.2% | CA$3.15 Million | CA$3.17 Million | CA$3.30 Million | CA$154.58K | ▼ -9.6 pp |
| 2008 | 108.8% | CA$5.59 Million | CA$5.14 Million | CA$5.86 Million | CA$271.75K | ▼ -3.6 pp |
| 2007 | 112.4% | CA$12.70 Million | CA$11.30 Million | CA$13.22 Million | CA$520.48K | ▲ +12.7 pp |
| 2006 | 99.7% | CA$471.13K | CA$472.69K | CA$562.88K | CA$91.75K | ▼ -0.3 pp |
| 2005 | 100.0% | CA$26.96K | CA$26.96K | CA$32.47K | CA$5.51K | — |