Pieridae Energy Ltd (PEA) — Working Capital to Net Assets Ratio
Pieridae Energy Ltd (PEA) has a Working Capital to Net Assets ratio of -27.2% as of March 2025. Working capital of CA$-36.22 Million (current assets of CA$79.52 Million minus current liabilities of CA$115.73 Million) is measured against net assets of CA$133.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Pieridae Energy Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pieridae Energy Ltd Working Capital to Net Assets (2004–2024)
This chart shows how Pieridae Energy Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of March 2025, the ratio stands at -27.2%, reflecting working capital of CA$-36.22 Million against net assets of CA$133.05 Million CAD. See Pieridae Energy Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Pieridae Energy Ltd (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pieridae Energy Ltd from 2004 to 2024, covering 21 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Pieridae Energy Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -1.9% | CA$-3.16 Million | CA$168.43 Million | CA$113.99 Million | CA$117.14 Million | ▲ +10.0 pp |
| 2023 | -11.9% | CA$-20.77 Million | CA$174.41 Million | CA$143.10 Million | CA$163.87 Million | ▲ +176.9 pp |
| 2022 | -188.8% | CA$-216.67 Million | CA$114.76 Million | CA$126.94 Million | CA$343.62 Million | ▼ -452.8 pp |
| 2021 | 264.0% | CA$-87.67 Million | CA$-33.21 Million | CA$84.78 Million | CA$172.44 Million | ▲ +711.4 pp |
| 2020 | -447.4% | CA$-19.61 Million | CA$4.38 Million | CA$87.21 Million | CA$106.83 Million | ▼ -465.7 pp |
| 2019 | 18.3% | CA$19.11 Million | CA$104.31 Million | CA$96.60 Million | CA$77.49 Million | ▲ +109.9 pp |
| 2018 | -91.6% | CA$-84.06 Million | CA$91.75 Million | CA$36.17 Million | CA$120.24 Million | ▼ -109.1 pp |
| 2017 | 17.5% | CA$10.38 Million | CA$59.36 Million | CA$22.45 Million | CA$12.07 Million | ▲ +15.5 pp |
| 2016 | 2.0% | CA$1.49 Million | CA$74.72 Million | CA$7.90 Million | CA$6.41 Million | ▼ -2.3 pp |
| 2015 | 4.3% | CA$3.17 Million | CA$74.35 Million | CA$9.40 Million | CA$6.23 Million | ▲ +1.5 pp |
| 2014 | 2.8% | CA$1.97 Million | CA$70.10 Million | CA$7.35 Million | CA$5.38 Million | ▼ -12.9 pp |
| 2013 | 15.8% | CA$7.66 Million | CA$48.63 Million | CA$9.85 Million | CA$2.19 Million | ▼ -12.5 pp |
| 2012 | 28.2% | CA$13.45 Million | CA$47.66 Million | CA$16.57 Million | CA$3.13 Million | ▼ -1.3 pp |
| 2011 | 29.5% | CA$10.05 Million | CA$34.10 Million | CA$13.90 Million | CA$3.85 Million | ▲ +19.6 pp |
| 2010 | 9.9% | CA$2.63 Million | CA$26.61 Million | CA$5.69 Million | CA$3.07 Million | ▼ -17.8 pp |
| 2009 | 27.7% | CA$5.94 Million | CA$21.45 Million | CA$7.60 Million | CA$1.66 Million | ▼ -22.4 pp |
| 2008 | 50.1% | CA$11.12 Million | CA$22.19 Million | CA$14.38 Million | CA$3.25 Million | ▲ +21.3 pp |
| 2007 | 28.8% | CA$3.10 Million | CA$10.78 Million | CA$3.43 Million | CA$327.67K | ▲ +4.3 pp |
| 2006 | 24.4% | CA$1.79 Million | CA$7.33 Million | CA$2.17 Million | CA$383.11K | ▲ +9.8 pp |
| 2005 | 14.6% | CA$655.15K | CA$4.49 Million | CA$1.78 Million | CA$1.12 Million | ▲ +20.9 pp |
| 2004 | -6.3% | CA$-26.10K | CA$413.94K | CA$148.12K | CA$174.23K | — |