Polaris Infrastructure Inc (PIF) — Working Capital to Net Assets Ratio
Polaris Infrastructure Inc (PIF) has a Working Capital to Net Assets ratio of 35.5% as of March 2026. Working capital of CA$85.06 Million (current assets of CA$106.88 Million minus current liabilities of CA$21.81 Million) is measured against net assets of CA$239.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Polaris Infrastructure Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Polaris Infrastructure Inc Working Capital to Net Assets (2000–2025)
This chart shows how Polaris Infrastructure Inc's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 35.5%, reflecting working capital of CA$85.06 Million against net assets of CA$239.36 Million CAD. See PIF defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Polaris Infrastructure Inc (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Polaris Infrastructure Inc from 2000 to 2025, covering 26 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 how much is Polaris Infrastructure Inc worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.4% | CA$83.45 Million | CA$242.44 Million | CA$103.07 Million | CA$19.62 Million | ▼ -40.6 pp |
| 2024 | 75.0% | CA$194.73 Million | CA$259.53 Million | CA$228.56 Million | CA$33.84 Million | ▲ +66.6 pp |
| 2023 | 8.4% | CA$22.69 Million | CA$269.93 Million | CA$54.04 Million | CA$31.35 Million | ▲ +1.0 pp |
| 2022 | 7.4% | CA$20.01 Million | CA$270.21 Million | CA$50.61 Million | CA$30.60 Million | ▼ -21.7 pp |
| 2021 | 29.1% | CA$75.84 Million | CA$260.82 Million | CA$110.14 Million | CA$34.31 Million | ▲ +9.1 pp |
| 2020 | 20.0% | CA$45.30 Million | CA$226.77 Million | CA$80.34 Million | CA$35.04 Million | ▲ +13.4 pp |
| 2019 | 6.6% | CA$13.63 Million | CA$207.23 Million | CA$48.68 Million | CA$35.05 Million | ▼ -0.4 pp |
| 2018 | 6.9% | CA$13.76 Million | CA$198.45 Million | CA$54.10 Million | CA$40.34 Million | ▼ -8.2 pp |
| 2017 | 15.1% | CA$28.33 Million | CA$187.21 Million | CA$50.17 Million | CA$21.84 Million | ▼ -7.4 pp |
| 2016 | 22.6% | CA$43.92 Million | CA$194.66 Million | CA$58.68 Million | CA$14.76 Million | ▼ -3.9 pp |
| 2015 | 26.5% | CA$53.70 Million | CA$202.89 Million | CA$69.26 Million | CA$15.57 Million | ▲ +155.9 pp |
| 2014 | -129.4% | CA$-179.41 Million | CA$138.61 Million | CA$26.57 Million | CA$205.98 Million | ▼ -133.3 pp |
| 2013 | 3.9% | CA$6.33 Million | CA$162.42 Million | CA$37.46 Million | CA$31.13 Million | ▲ +9.2 pp |
| 2012 | -5.3% | CA$-11.33 Million | CA$212.28 Million | CA$61.51 Million | CA$72.84 Million | ▼ -22.8 pp |
| 2011 | 17.5% | CA$45.92 Million | CA$262.50 Million | CA$62.75 Million | CA$16.83 Million | ▲ +21.0 pp |
| 2010 | -3.5% | CA$-12.42 Million | CA$352.45 Million | CA$33.81 Million | CA$46.23 Million | ▼ -37.2 pp |
| 2009 | 33.7% | CA$115.15 Million | CA$341.78 Million | CA$128.68 Million | CA$13.53 Million | ▼ -66.3 pp |
| 2008 | 100.0% | CA$694.60K | CA$694.60K | CA$705.80K | CA$11.20K | ▲ +0.0 pp |
| 2007 | 100.0% | CA$955.89K | CA$955.89K | CA$975.59K | CA$19.70K | ▲ +0.0 pp |
| 2006 | 100.0% | CA$398.00K | CA$398.00K | CA$408.41K | CA$10.40K | ▲ +0.0 pp |
| 2005 | 100.0% | CA$-310.94K | CA$-310.94K | CA$30.30K | CA$341.24K | ▲ +0.0 pp |
| 2004 | 100.0% | CA$-565.01K | CA$-565.01K | CA$27.10K | CA$592.11K | ▼ -0.1 pp |
| 2003 | 100.1% | CA$-514.32K | CA$-513.88K | CA$1.37K | CA$515.69K | ▼ -46.3 pp |
| 2002 | 146.4% | CA$-443.82K | CA$-303.09K | CA$1.62K | CA$445.44K | ▼ -3.2 pp |
| 2001 | 149.6% | CA$-393.09K | CA$-262.67K | CA$1.28K | CA$394.36K | ▲ +278.0 pp |
| 2000 | -128.3% | CA$-395.75K | CA$308.37K | CA$3.18K | CA$398.93K | — |