Pinetree Capital Ltd Working Capital to Net Assets Ratio
Pinetree Capital Ltd working capital to net assets ratio. Pinetree Capital Ltd (PNP) has a Working Capital to Net Assets ratio of -14.1% as of June 2026. Working capital of CA$-11.61 Million (current assets of CA$1.29 Million minus current liabilities of CA$12.89 Million) is measured against net assets of CA$82.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Pinetree Capital Ltd to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Pinetree Capital Ltd (1997–2025)
Working capital to net assets ratio of Pinetree Capital Ltd from 1997 to 2025. This chart shows how Pinetree Capital Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 1997 to 2025. As of June 2026, the ratio stands at -14.1%, reflecting working capital of CA$-11.61 Million against net assets of CA$82.56 Million CAD. See operational self-sufficiency of Pinetree Capital Ltd to measure how many days the company can operate on defensive assets alone.
Pinetree Capital Ltd Working Capital to Net Assets Ratio by Year (1997–2025)
Pinetree Capital Ltd working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Pinetree Capital Ltd from 1997 to 2025, covering 25 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 PNP asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 12.9% | CA$11.34 Million | CA$87.59 Million | CA$11.52 Million | CA$181.00K | ▲ +7.0 pp |
| 2024 | 5.9% | CA$4.62 Million | CA$77.70 Million | CA$5.19 Million | CA$571.00K | ▲ +1.6 pp |
| 2023 | 4.4% | CA$1.99 Million | CA$45.37 Million | CA$2.37 Million | CA$377.00K | ▼ -10.2 pp |
| 2022 | 14.6% | CA$5.78 Million | CA$39.62 Million | CA$6.22 Million | CA$443.00K | ▼ -10.5 pp |
| 2021 | 25.1% | CA$9.63 Million | CA$38.44 Million | CA$10.05 Million | CA$412.00K | ▲ +11.3 pp |
| 2020 | 13.8% | CA$2.63 Million | CA$19.10 Million | CA$3.01 Million | CA$383.00K | ▼ -30.1 pp |
| 2019 | 43.8% | CA$7.84 Million | CA$17.90 Million | CA$8.17 Million | CA$329.00K | ▼ -0.4 pp |
| 2018 | 44.3% | CA$7.07 Million | CA$15.98 Million | CA$7.47 Million | CA$395.00K | ▼ -5.2 pp |
| 2017 | 49.5% | CA$9.06 Million | CA$18.30 Million | CA$9.45 Million | CA$392.00K | ▲ +12.0 pp |
| 2016 | 37.5% | CA$3.99 Million | CA$10.65 Million | CA$4.37 Million | CA$375.00K | ▲ +80.3 pp |
| 2015 | -42.9% | CA$-8.36 Million | CA$19.50 Million | CA$2.60 Million | CA$10.97 Million | ▼ -41.6 pp |
| 2014 | -1.2% | CA$-636.00K | CA$51.16 Million | CA$2.10 Million | CA$2.73 Million | ▼ -2.5 pp |
| 2013 | 1.2% | CA$1.20 Million | CA$99.01 Million | CA$3.99 Million | CA$2.79 Million | ▲ +3.2 pp |
| 2012 | -2.0% | CA$-4.20 Million | CA$212.15 Million | CA$676.00K | CA$4.87 Million | ▲ +9.2 pp |
| 2011 | -11.2% | CA$-39.75 Million | CA$355.63 Million | CA$547.00K | CA$40.30 Million | ▲ +1.9 pp |
| 2010 | -13.0% | CA$-84.31 Million | CA$646.73 Million | CA$1.26 Million | CA$85.57 Million | ▼ -4.4 pp |
| 2009 | -8.6% | CA$-29.63 Million | CA$342.69 Million | CA$4.05 Million | CA$33.67 Million | ▼ -19.3 pp |
| 2008 | 10.6% | CA$18.51 Million | CA$174.21 Million | CA$19.51 Million | CA$1.00 Million | ▲ +29.7 pp |
| 2007 | -19.1% | CA$-90.94 Million | CA$476.93 Million | CA$7.51 Million | CA$98.45 Million | ▼ -3.5 pp |
| 2006 | -15.6% | CA$-57.40 Million | CA$367.83 Million | CA$175.41K | CA$57.57 Million | ▼ -11.7 pp |
| 2004 | -3.9% | CA$-2.22 Million | CA$56.32 Million | CA$94.13K | CA$2.31 Million | ▼ -6.5 pp |
| 2000 | 2.5% | CA$1.15 Million | CA$45.23 Million | CA$1.30 Million | CA$149.66K | ▲ +7.0 pp |
| 1999 | -4.4% | CA$-700.00K | CA$15.80 Million | CA$2.20 Million | CA$2.90 Million | ▲ +1.3 pp |
| 1998 | -5.7% | CA$-500.00K | CA$8.80 Million | CA$100.00K | CA$600.00K | ▲ +1.7 pp |
| 1997 | -7.4% | CA$-600.00K | CA$8.10 Million | CA$100.00K | CA$700.00K | — |