Propel Holdings Inc (PRL) — Working Capital to Net Assets Ratio
Propel Holdings Inc (PRL) has a Working Capital to Net Assets ratio of 192.0% as of September 2025. Working capital of CA$498.41 Million (current assets of CA$499.59 Million minus current liabilities of CA$1.18 Million) is measured against net assets of CA$259.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Propel Holdings Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Propel Holdings Inc Working Capital to Net Assets (2018–2024)
This chart shows how Propel Holdings Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 192.0%, reflecting working capital of CA$498.41 Million against net assets of CA$259.55 Million CAD. For the complete balance sheet picture, see Propel Holdings Inc assets under control.
Annual Working Capital to Net Assets for Propel Holdings Inc (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Propel Holdings Inc from 2018 to 2024, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read Propel Holdings Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -110.4% | CA$-231.92 Million | CA$210.11 Million | CA$88.46 Million | CA$320.38 Million | ▲ +57.1 pp |
| 2023 | -167.5% | CA$-170.00 Million | CA$101.52 Million | CA$58.45 Million | CA$228.45 Million | ▼ -23.5 pp |
| 2022 | -143.9% | CA$-117.52 Million | CA$81.64 Million | CA$33.68 Million | CA$151.20 Million | ▼ -109.5 pp |
| 2021 | -34.4% | CA$-25.95 Million | CA$75.33 Million | CA$23.64 Million | CA$49.60 Million | ▲ +304.7 pp |
| 2020 | -339.1% | CA$-28.54 Million | CA$8.42 Million | CA$12.30 Million | CA$40.84 Million | ▲ +215.4 pp |
| 2019 | -554.6% | CA$-20.05 Million | CA$3.62 Million | CA$11.54 Million | CA$31.60 Million | ▼ -75.5 pp |
| 2018 | -479.1% | CA$-9.74 Million | CA$2.03 Million | CA$10.95 Million | CA$20.69 Million | — |