STEP Energy Services Ltd Working Capital to Net Assets Ratio
STEP Energy Services Ltd working capital to net assets ratio. STEP Energy Services Ltd (STEP) has a Working Capital to Net Assets ratio of 19.4% as of September 2025. Working capital of CA$77.90 Million (current assets of CA$193.53 Million minus current liabilities of CA$115.64 Million) is measured against net assets of CA$402.12 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 STEP Energy Services Ltd (2014–2024)
Working capital to net assets ratio of STEP Energy Services Ltd from 2014 to 2024. This chart shows how STEP Energy Services Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 19.4%, reflecting working capital of CA$77.90 Million against net assets of CA$402.12 Million CAD. See STEP days of operational coverage to measure how many days the company can operate on defensive assets alone.
STEP Energy Services Ltd Working Capital to Net Assets Ratio by Year (2014–2024)
STEP Energy Services Ltd working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for STEP Energy Services Ltd from 2014 to 2024, covering 11 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 STEP asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 9.5% | CA$35.35 Million | CA$370.53 Million | CA$145.11 Million | CA$109.75 Million | ▼ -2.3 pp |
| 2023 | 11.8% | CA$42.10 Million | CA$355.55 Million | CA$154.72 Million | CA$112.61 Million | ▼ -9.9 pp |
| 2022 | 21.8% | CA$66.58 Million | CA$306.03 Million | CA$256.36 Million | CA$189.78 Million | ▲ +19.6 pp |
| 2021 | 2.2% | CA$3.91 Million | CA$177.44 Million | CA$133.25 Million | CA$129.34 Million | ▼ -18.7 pp |
| 2020 | 21.0% | CA$42.87 Million | CA$204.58 Million | CA$99.47 Million | CA$56.60 Million | ▼ -1.4 pp |
| 2019 | 22.4% | CA$72.16 Million | CA$322.82 Million | CA$158.88 Million | CA$86.72 Million | ▲ +8.3 pp |
| 2018 | 14.0% | CA$67.16 Million | CA$478.60 Million | CA$164.30 Million | CA$97.14 Million | ▼ -14.0 pp |
| 2017 | 28.1% | CA$121.03 Million | CA$431.04 Million | CA$197.11 Million | CA$76.08 Million | ▲ +16.6 pp |
| 2016 | 11.5% | CA$29.87 Million | CA$259.94 Million | CA$66.62 Million | CA$36.74 Million | ▲ +5.4 pp |
| 2015 | 6.1% | CA$11.78 Million | CA$193.99 Million | CA$33.16 Million | CA$21.38 Million | ▼ -1.9 pp |
| 2014 | 8.0% | CA$7.82 Million | CA$98.37 Million | CA$23.91 Million | CA$16.09 Million | — |