Trican Well Service Ltd. Working Capital to Net Assets Ratio
Trican Well Service Ltd. 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. Check Trican Well Service Ltd. tangible book value ratio 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 Trican Well Service Ltd. (1996–2025)
Working capital to net assets ratio of Trican Well Service Ltd. from 1996 to 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 operational self-sufficiency of Trican Well Service Ltd. to measure how many days the company can operate on defensive assets alone.
Trican Well Service Ltd. Working Capital to Net Assets Ratio by Year (1996–2025)
Trican Well Service Ltd. working capital to net assets ratio by year from 1996 to 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 the complete balance sheet picture, see Trican Well Service Ltd. asset portfolio.
| 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 | — |