North West Company Inc (NWC) — Working Capital to Net Assets Ratio
North West Company Inc (NWC) has a Working Capital to Net Assets ratio of 41.0% as of October 2025. Working capital of CA$335.32 Million (current assets of CA$601.84 Million minus current liabilities of CA$266.52 Million) is measured against net assets of CA$817.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NWC financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
North West Company Inc Working Capital to Net Assets (1994–2025)
This chart shows how North West Company Inc's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of October 2025, the ratio stands at 41.0%, reflecting working capital of CA$335.32 Million against net assets of CA$817.59 Million CAD. See NWC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for North West Company Inc (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for North West Company Inc from 1994 to 2025, covering 32 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 NWC market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.7% | CA$275.41 Million | CA$794.71 Million | CA$550.27 Million | CA$274.85 Million | ▼ -1.1 pp |
| 2024 | 35.7% | CA$252.25 Million | CA$705.77 Million | CA$502.90 Million | CA$250.66 Million | ▲ +0.8 pp |
| 2023 | 34.9% | CA$226.24 Million | CA$647.90 Million | CA$474.84 Million | CA$248.61 Million | ▲ +16.2 pp |
| 2022 | 18.8% | CA$108.87 Million | CA$580.20 Million | CA$403.36 Million | CA$294.49 Million | ▲ +2.6 pp |
| 2021 | 16.2% | CA$81.72 Million | CA$505.23 Million | CA$396.86 Million | CA$315.13 Million | ▼ -32.0 pp |
| 2020 | 48.1% | CA$205.51 Million | CA$426.97 Million | CA$399.59 Million | CA$194.08 Million | ▲ +0.7 pp |
| 2019 | 47.5% | CA$199.95 Million | CA$421.10 Million | CA$376.83 Million | CA$176.88 Million | ▲ +4.6 pp |
| 2018 | 42.9% | CA$163.79 Million | CA$382.16 Million | CA$335.00 Million | CA$171.21 Million | ▼ -4.9 pp |
| 2017 | 47.8% | CA$175.69 Million | CA$367.79 Million | CA$327.94 Million | CA$152.24 Million | ▼ -2.6 pp |
| 2016 | 50.4% | CA$180.08 Million | CA$357.61 Million | CA$335.58 Million | CA$155.50 Million | ▲ +0.1 pp |
| 2015 | 50.3% | CA$165.61 Million | CA$329.28 Million | CA$315.84 Million | CA$150.23 Million | ▲ +22.6 pp |
| 2014 | 27.7% | CA$89.33 Million | CA$322.44 Million | CA$299.07 Million | CA$209.74 Million | ▼ -10.7 pp |
| 2013 | 38.4% | CA$113.71 Million | CA$296.25 Million | CA$303.90 Million | CA$190.18 Million | ▼ -20.8 pp |
| 2012 | 59.2% | CA$167.83 Million | CA$283.71 Million | CA$295.84 Million | CA$128.00 Million | ▲ +24.8 pp |
| 2011 | 34.4% | CA$103.93 Million | CA$302.50 Million | CA$289.30 Million | CA$185.38 Million | ▼ -4.9 pp |
| 2010 | 39.3% | CA$113.90 Million | CA$289.93 Million | CA$285.84 Million | CA$171.95 Million | ▼ -0.7 pp |
| 2009 | 40.0% | CA$109.79 Million | CA$274.41 Million | CA$285.09 Million | CA$175.30 Million | ▼ -6.5 pp |
| 2008 | 46.5% | CA$119.16 Million | CA$256.30 Million | CA$254.06 Million | CA$134.90 Million | ▲ +5.5 pp |
| 2007 | 41.0% | CA$103.38 Million | CA$252.03 Million | CA$226.16 Million | CA$122.78 Million | ▼ -9.8 pp |
| 2006 | 50.8% | CA$123.28 Million | CA$242.57 Million | CA$218.74 Million | CA$95.47 Million | ▼ -0.1 pp |
| 2005 | 50.9% | CA$120.20 Million | CA$236.28 Million | CA$207.64 Million | CA$87.44 Million | ▲ +1.0 pp |
| 2004 | 49.9% | CA$114.53 Million | CA$229.60 Million | CA$197.67 Million | CA$83.14 Million | ▼ -3.9 pp |
| 2003 | 53.7% | CA$117.91 Million | CA$219.38 Million | CA$209.90 Million | CA$92.00 Million | ▲ +46.5 pp |
| 2002 | 7.3% | CA$15.94 Million | CA$219.52 Million | CA$218.81 Million | CA$202.88 Million | ▼ -40.6 pp |
| 2001 | 47.8% | CA$91.36 Million | CA$190.97 Million | CA$192.25 Million | CA$100.89 Million | ▼ -1.4 pp |
| 2000 | 49.3% | CA$83.70 Million | CA$169.90 Million | CA$176.20 Million | CA$92.50 Million | ▼ -8.1 pp |
| 1999 | 57.3% | CA$94.10 Million | CA$164.10 Million | CA$182.90 Million | CA$88.80 Million | ▼ -0.3 pp |
| 1998 | 57.6% | CA$92.30 Million | CA$160.20 Million | CA$213.70 Million | CA$121.40 Million | ▼ -6.6 pp |
| 1997 | 64.2% | CA$94.70 Million | CA$147.40 Million | CA$185.10 Million | CA$90.40 Million | ▼ -8.8 pp |
| 1996 | 73.0% | CA$102.20 Million | CA$140.00 Million | CA$183.70 Million | CA$81.50 Million | ▲ +30.1 pp |
| 1995 | 42.9% | CA$68.70 Million | CA$160.00 Million | CA$204.30 Million | CA$135.60 Million | ▼ -24.4 pp |
| 1994 | 67.3% | CA$99.40 Million | CA$147.70 Million | CA$182.70 Million | CA$83.30 Million | — |