Trican Well Service Ltd. (TCW) — Working Capital to Net Assets Ratio
Trican Well Service Ltd. (TCW) has a Working Capital to Net Assets ratio of 27.5% as of December 2025. Working capital of CA$191.69 Million (current assets of CA$320.64 Million minus current liabilities of CA$128.96 Million) is measured against net assets of CA$695.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Trican Well Service Ltd. to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Trican Well Service Ltd. Working Capital to Net Assets (1996–2025)
This chart shows how Trican Well Service Ltd.'s Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 27.5%, reflecting working capital of CA$191.69 Million against net assets of CA$695.85 Million CAD. See TCW days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Trican Well Service Ltd. (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Trican Well Service Ltd. from 1996 to 2025, covering 30 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 TCW market cap overview.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.5% | CA$191.69 Million | CA$695.85 Million | CA$320.64 Million | CA$128.96 Million | ▲ +1.3 pp |
| 2024 | 26.2% | CA$127.96 Million | CA$488.39 Million | CA$263.44 Million | CA$135.48 Million | ▼ -3.4 pp |
| 2023 | 29.6% | CA$153.19 Million | CA$517.07 Million | CA$297.63 Million | CA$144.44 Million | ▼ -3.9 pp |
| 2022 | 33.6% | CA$169.37 Million | CA$504.67 Million | CA$263.26 Million | CA$93.90 Million | ▲ +12.4 pp |
| 2021 | 21.2% | CA$103.76 Million | CA$489.40 Million | CA$181.34 Million | CA$77.58 Million | ▲ +8.6 pp |
| 2020 | 12.6% | CA$61.83 Million | CA$492.27 Million | CA$122.46 Million | CA$60.62 Million | ▼ -6.3 pp |
| 2019 | 18.9% | CA$139.81 Million | CA$741.11 Million | CA$232.74 Million | CA$92.93 Million | ▲ +5.2 pp |
| 2018 | 13.7% | CA$115.71 Million | CA$844.14 Million | CA$201.54 Million | CA$85.83 Million | ▲ +1.7 pp |
| 2017 | 12.0% | CA$141.14 Million | CA$1.18 Billion | CA$292.08 Million | CA$150.94 Million | ▼ -8.1 pp |
| 2016 | 20.1% | CA$114.05 Million | CA$567.72 Million | CA$212.08 Million | CA$98.03 Million | ▼ -16.7 pp |
| 2015 | 36.8% | CA$203.08 Million | CA$552.00 Million | CA$433.37 Million | CA$230.29 Million | ▼ -9.9 pp |
| 2014 | 46.7% | CA$601.16 Million | CA$1.29 Billion | CA$989.01 Million | CA$387.85 Million | ▲ +16.1 pp |
| 2013 | 30.6% | CA$413.22 Million | CA$1.35 Billion | CA$795.57 Million | CA$382.35 Million | ▼ -9.2 pp |
| 2012 | 39.8% | CA$547.37 Million | CA$1.38 Billion | CA$795.99 Million | CA$248.62 Million | ▼ -5.7 pp |
| 2011 | 45.5% | CA$621.25 Million | CA$1.37 Billion | CA$940.59 Million | CA$319.34 Million | ▲ +9.7 pp |
| 2010 | 35.8% | CA$361.26 Million | CA$1.01 Billion | CA$568.04 Million | CA$206.79 Million | ▲ +10.2 pp |
| 2009 | 25.6% | CA$166.07 Million | CA$647.49 Million | CA$307.39 Million | CA$141.32 Million | ▼ -7.9 pp |
| 2008 | 33.6% | CA$241.88 Million | CA$720.34 Million | CA$428.41 Million | CA$186.53 Million | ▲ +7.4 pp |
| 2007 | 26.2% | CA$181.65 Million | CA$694.05 Million | CA$276.03 Million | CA$94.38 Million | ▼ -18.0 pp |
| 2006 | 44.2% | CA$239.24 Million | CA$541.19 Million | CA$342.85 Million | CA$103.61 Million | ▲ +2.0 pp |
| 2005 | 42.2% | CA$152.90 Million | CA$361.98 Million | CA$227.76 Million | CA$74.86 Million | ▲ +8.9 pp |
| 2004 | 33.3% | CA$74.35 Million | CA$223.15 Million | CA$135.98 Million | CA$61.63 Million | ▼ -4.0 pp |
| 2003 | 37.3% | CA$60.43 Million | CA$161.96 Million | CA$97.74 Million | CA$37.31 Million | ▲ +22.5 pp |
| 2002 | 14.8% | CA$18.31 Million | CA$123.42 Million | CA$53.58 Million | CA$35.27 Million | ▲ +6.3 pp |
| 2001 | 8.6% | CA$7.92 Million | CA$92.59 Million | CA$34.11 Million | CA$26.19 Million | ▲ +0.3 pp |
| 2000 | 8.3% | CA$5.77 Million | CA$69.75 Million | CA$38.09 Million | CA$32.33 Million | ▼ -14.9 pp |
| 1999 | 23.2% | CA$11.60 Million | CA$50.00 Million | CA$22.70 Million | CA$11.10 Million | ▲ +13.7 pp |
| 1998 | 9.5% | CA$3.20 Million | CA$33.60 Million | CA$10.50 Million | CA$7.30 Million | ▲ +26.8 pp |
| 1997 | -17.3% | CA$-4.00 Million | CA$23.10 Million | CA$8.40 Million | CA$12.40 Million | ▼ -80.0 pp |
| 1996 | 62.7% | CA$6.90 Million | CA$11.00 Million | CA$8.60 Million | CA$1.70 Million | — |