Pine Cliff Energy Ltd Working Capital to Net Assets Ratio
Pine Cliff Energy Ltd working capital to net assets ratio. Pine Cliff Energy Ltd (PNE) has a Working Capital to Net Assets ratio of -85.7% as of June 2026. Working capital of CA$-23.24 Million (current assets of CA$26.80 Million minus current liabilities of CA$50.05 Million) is measured against net assets of CA$27.13 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Pine Cliff Energy Ltd (2004–2025)
Working capital to net assets ratio of Pine Cliff Energy Ltd from 2004 to 2025. This chart shows how Pine Cliff Energy Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at -85.7%, reflecting working capital of CA$-23.24 Million against net assets of CA$27.13 Million CAD. See Pine Cliff Energy Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Pine Cliff Energy Ltd Working Capital to Net Assets Ratio by Year (2004–2025)
Pine Cliff Energy Ltd working capital to net assets ratio by year from 2004 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Pine Cliff Energy Ltd from 2004 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Pine Cliff Energy Ltd asset portfolio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -62.6% | CA$-22.21 Million | CA$35.46 Million | CA$29.33 Million | CA$51.54 Million | ▼ -1.3 pp |
| 2024 | -61.3% | CA$-33.31 Million | CA$54.32 Million | CA$29.42 Million | CA$62.74 Million | ▼ -28.0 pp |
| 2023 | -33.3% | CA$-33.31 Million | CA$99.93 Million | CA$31.19 Million | CA$64.50 Million | ▼ -69.2 pp |
| 2022 | 35.9% | CA$48.01 Million | CA$133.73 Million | CA$85.55 Million | CA$37.54 Million | ▲ +63.6 pp |
| 2021 | -27.7% | CA$-12.60 Million | CA$45.42 Million | CA$31.93 Million | CA$44.53 Million | ▼ -40.3 pp |
| 2020 | 12.5% | CA$-4.67 Million | CA$-37.32 Million | CA$25.23 Million | CA$29.89 Million | ▲ +70.4 pp |
| 2019 | -57.9% | CA$-6.08 Million | CA$10.51 Million | CA$24.48 Million | CA$30.56 Million | ▼ -60.7 pp |
| 2018 | 2.8% | CA$1.72 Million | CA$60.97 Million | CA$20.95 Million | CA$19.24 Million | ▲ +22.1 pp |
| 2017 | -19.3% | CA$-24.95 Million | CA$129.09 Million | CA$22.65 Million | CA$47.60 Million | ▼ -7.5 pp |
| 2016 | -11.9% | CA$-23.22 Million | CA$195.76 Million | CA$28.95 Million | CA$52.17 Million | ▼ -17.9 pp |
| 2015 | 6.0% | CA$14.17 Million | CA$234.41 Million | CA$24.15 Million | CA$9.98 Million | ▲ +24.0 pp |
| 2014 | -17.9% | CA$-33.51 Million | CA$187.15 Million | CA$25.52 Million | CA$59.03 Million | ▼ -28.5 pp |
| 2013 | 10.6% | CA$13.62 Million | CA$129.02 Million | CA$22.40 Million | CA$8.78 Million | ▼ -38.8 pp |
| 2012 | 49.4% | CA$35.08 Million | CA$71.02 Million | CA$41.93 Million | CA$6.85 Million | ▲ +27.5 pp |
| 2011 | 21.9% | CA$482.32K | CA$2.21 Million | CA$581.48K | CA$99.15K | ▲ +9.7 pp |
| 2010 | 12.1% | CA$309.81K | CA$2.55 Million | CA$618.61K | CA$308.81K | ▼ -8.6 pp |
| 2009 | 20.8% | CA$491.06K | CA$2.36 Million | CA$1.52 Million | CA$1.03 Million | ▼ -25.2 pp |
| 2008 | 45.9% | CA$2.32 Million | CA$5.04 Million | CA$2.76 Million | CA$444.38K | ▼ -22.6 pp |
| 2007 | 68.5% | CA$8.38 Million | CA$12.23 Million | CA$8.56 Million | CA$181.31K | ▼ -1.4 pp |
| 2006 | 69.9% | CA$2.96 Million | CA$4.24 Million | CA$3.10 Million | CA$139.16K | ▲ +0.1 pp |
| 2005 | 69.8% | CA$3.57 Million | CA$5.11 Million | CA$3.69 Million | CA$128.07K | ▲ +7884469.8 pp |
| 2004 | -7884400.0% | CA$-78.84K | CA$1.00 | CA$1.00 | CA$78.84K | — |