Northland Power Inc. (NPI) — Working Capital to Net Assets Ratio
Northland Power Inc. (NPI) has a Working Capital to Net Assets ratio of 4.7% as of March 2026. Working capital of CA$211.74 Million (current assets of CA$1.56 Billion minus current liabilities of CA$1.34 Billion) is measured against net assets of CA$4.53 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Northland Power Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northland Power Inc. Working Capital to Net Assets (1999–2025)
This chart shows how Northland Power Inc.'s Working Capital to Net Assets ratio has evolved across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 4.7%, reflecting working capital of CA$211.74 Million against net assets of CA$4.53 Billion CAD. For the complete balance sheet picture, see NPI asset base.
Annual Working Capital to Net Assets for Northland Power Inc. (1999–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northland Power Inc. from 1999 to 2025, covering 27 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. Check financial resilience of Northland Power Inc. to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1.9% | CA$83.70 Million | CA$4.42 Billion | CA$1.23 Billion | CA$1.14 Billion | ▲ +0.6 pp |
| 2024 | 1.3% | CA$60.97 Million | CA$4.56 Billion | CA$1.39 Billion | CA$1.33 Billion | ▼ -2.5 pp |
| 2023 | 3.8% | CA$170.68 Million | CA$4.48 Billion | CA$1.45 Billion | CA$1.28 Billion | ▼ -5.5 pp |
| 2022 | 9.3% | CA$440.10 Million | CA$4.72 Billion | CA$2.35 Billion | CA$1.91 Billion | ▲ +9.0 pp |
| 2021 | 0.3% | CA$10.15 Million | CA$2.97 Billion | CA$1.41 Billion | CA$1.40 Billion | ▼ -0.5 pp |
| 2020 | 0.8% | CA$16.82 Million | CA$2.00 Billion | CA$1.08 Billion | CA$1.06 Billion | ▲ +8.7 pp |
| 2019 | -7.9% | CA$-119.21 Million | CA$1.51 Billion | CA$1.28 Billion | CA$1.40 Billion | ▼ -25.4 pp |
| 2018 | 17.5% | CA$270.21 Million | CA$1.54 Billion | CA$1.05 Billion | CA$781.58 Million | ▲ +9.1 pp |
| 2017 | 8.5% | CA$123.49 Million | CA$1.46 Billion | CA$1.01 Billion | CA$888.42 Million | ▼ -5.4 pp |
| 2016 | 13.8% | CA$190.44 Million | CA$1.38 Billion | CA$672.09 Million | CA$481.65 Million | ▲ +1.3 pp |
| 2015 | 12.6% | CA$176.95 Million | CA$1.41 Billion | CA$593.29 Million | CA$416.34 Million | ▲ +28.4 pp |
| 2014 | -15.8% | CA$-168.63 Million | CA$1.07 Billion | CA$353.51 Million | CA$522.14 Million | ▼ -37.7 pp |
| 2013 | 21.9% | CA$203.85 Million | CA$929.53 Million | CA$363.45 Million | CA$159.59 Million | ▲ +13.0 pp |
| 2012 | 8.9% | CA$62.73 Million | CA$701.12 Million | CA$207.11 Million | CA$144.38 Million | ▲ +7.4 pp |
| 2011 | 1.6% | CA$10.73 Million | CA$679.74 Million | CA$203.74 Million | CA$193.01 Million | ▼ -14.9 pp |
| 2010 | 16.5% | CA$134.51 Million | CA$816.73 Million | CA$275.32 Million | CA$140.82 Million | ▲ +3.0 pp |
| 2009 | 13.4% | CA$97.81 Million | CA$727.61 Million | CA$203.08 Million | CA$105.27 Million | ▲ +2.4 pp |
| 2008 | 11.1% | CA$46.60 Million | CA$420.95 Million | CA$77.75 Million | CA$31.15 Million | ▲ +0.2 pp |
| 2007 | 10.9% | CA$46.49 Million | CA$427.26 Million | CA$77.98 Million | CA$31.49 Million | ▲ +5.1 pp |
| 2006 | 5.7% | CA$30.45 Million | CA$531.06 Million | CA$59.74 Million | CA$29.29 Million | ▼ -1.1 pp |
| 2005 | 6.8% | CA$25.75 Million | CA$379.10 Million | CA$44.97 Million | CA$19.22 Million | ▼ -8.5 pp |
| 2004 | 15.3% | CA$56.03 Million | CA$366.94 Million | CA$73.93 Million | CA$17.90 Million | ▲ +11.7 pp |
| 2003 | 3.6% | CA$14.01 Million | CA$387.72 Million | CA$27.48 Million | CA$13.47 Million | ▼ -0.5 pp |
| 2002 | 4.1% | CA$9.34 Million | CA$227.35 Million | CA$27.71 Million | CA$18.37 Million | ▲ +1.6 pp |
| 2001 | 2.5% | CA$5.87 Million | CA$238.38 Million | CA$14.87 Million | CA$9.00 Million | ▲ +0.4 pp |
| 2000 | 2.1% | CA$5.19 Million | CA$247.95 Million | CA$15.03 Million | CA$9.84 Million | ▲ +0.1 pp |
| 1999 | 2.0% | CA$5.12 Million | CA$256.63 Million | CA$16.30 Million | CA$11.18 Million | — |