Pieridae Energy Ltd Working Capital to Net Assets Ratio
Pieridae Energy Ltd 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$133.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check PEA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Pieridae Energy Ltd (2004–2024)
Working capital to net assets ratio of Pieridae Energy Ltd from 2004 to 2024. This chart shows how Pieridae Energy Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of March 2025, the ratio stands at -27.2%, reflecting working capital of CA$-36.22 Million against net assets of CA$133.05 Million CAD. See PEA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Pieridae Energy Ltd Working Capital to Net Assets Ratio by Year (2004–2024)
Pieridae Energy Ltd working capital to net assets ratio by year from 2004 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Pieridae Energy Ltd from 2004 to 2024, covering 21 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see PEA total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -1.9% | CA$-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 | — |