Toromont Industries Ltd. Working Capital to Net Assets Ratio
Toromont Industries Ltd. working capital to net assets ratio. Toromont Industries Ltd. (TIH) has a Working Capital to Net Assets ratio of 61.7% as of June 2025. Working capital of CA$1.85 Billion (current assets of CA$3.01 Billion minus current liabilities of CA$1.15 Billion) is measured against net assets of CA$3.01 Billion. 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 Toromont Industries Ltd. (1993–2024)
Working capital to net assets ratio of Toromont Industries Ltd. from 1993 to 2024. This chart shows how Toromont Industries Ltd.'s Working Capital to Net Assets ratio has evolved across 32 annual periods from 1993 to 2024. As of June 2025, the ratio stands at 61.7%, reflecting working capital of CA$1.85 Billion against net assets of CA$3.01 Billion CAD. See Toromont Industries Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Toromont Industries Ltd. Working Capital to Net Assets Ratio by Year (1993–2024)
Toromont Industries Ltd. working capital to net assets ratio by year from 1993 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Toromont Industries Ltd. from 1993 to 2024, covering 32 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 balance sheet size of Toromont Industries Ltd..
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 56.5% | CA$1.67 Billion | CA$2.96 Billion | CA$2.89 Billion | CA$1.22 Billion | ▼ -8.5 pp |
| 2023 | 65.0% | CA$1.74 Billion | CA$2.68 Billion | CA$2.81 Billion | CA$1.07 Billion | ▼ 0.0 pp |
| 2022 | 65.0% | CA$1.51 Billion | CA$2.33 Billion | CA$2.57 Billion | CA$1.06 Billion | ▼ -1.2 pp |
| 2021 | 66.3% | CA$1.29 Billion | CA$1.95 Billion | CA$2.11 Billion | CA$813.70 Million | ▲ +2.8 pp |
| 2020 | 63.5% | CA$1.08 Billion | CA$1.70 Billion | CA$1.87 Billion | CA$794.22 Million | ▲ +9.4 pp |
| 2019 | 54.1% | CA$829.27 Million | CA$1.53 Billion | CA$1.82 Billion | CA$994.98 Million | ▲ +4.8 pp |
| 2018 | 49.3% | CA$653.91 Million | CA$1.33 Billion | CA$1.78 Billion | CA$1.13 Billion | ▼ -20.0 pp |
| 2017 | 69.2% | CA$778.37 Million | CA$1.12 Billion | CA$1.48 Billion | CA$699.29 Million | ▲ +4.2 pp |
| 2016 | 65.0% | CA$575.38 Million | CA$885.43 Million | CA$907.98 Million | CA$332.59 Million | ▲ +2.3 pp |
| 2015 | 62.7% | CA$486.29 Million | CA$775.28 Million | CA$799.14 Million | CA$312.84 Million | ▲ +18.6 pp |
| 2014 | 44.1% | CA$294.75 Million | CA$668.08 Million | CA$698.84 Million | CA$404.08 Million | ▼ -16.9 pp |
| 2013 | 61.0% | CA$351.66 Million | CA$576.56 Million | CA$650.52 Million | CA$298.86 Million | ▼ -2.6 pp |
| 2012 | 63.6% | CA$302.92 Million | CA$476.57 Million | CA$565.82 Million | CA$262.90 Million | ▲ +1.4 pp |
| 2011 | 62.2% | CA$251.12 Million | CA$403.86 Million | CA$591.23 Million | CA$340.11 Million | ▲ +19.1 pp |
| 2010 | 43.1% | CA$519.77 Million | CA$1.21 Billion | CA$1.14 Billion | CA$624.21 Million | ▼ -20.1 pp |
| 2009 | 63.1% | CA$539.26 Million | CA$854.06 Million | CA$882.16 Million | CA$342.89 Million | ▼ -2.2 pp |
| 2008 | 65.4% | CA$509.28 Million | CA$779.10 Million | CA$1.07 Billion | CA$564.01 Million | ▼ -5.9 pp |
| 2007 | 71.3% | CA$466.86 Million | CA$654.73 Million | CA$939.72 Million | CA$472.86 Million | ▼ -11.7 pp |
| 2006 | 83.0% | CA$469.64 Million | CA$565.56 Million | CA$893.21 Million | CA$423.58 Million | ▼ -2.3 pp |
| 2005 | 85.3% | CA$410.99 Million | CA$481.81 Million | CA$794.16 Million | CA$383.17 Million | ▲ +27.9 pp |
| 2004 | 57.4% | CA$238.52 Million | CA$415.86 Million | CA$587.11 Million | CA$348.59 Million | ▲ +3.3 pp |
| 2003 | 54.0% | CA$203.58 Million | CA$376.84 Million | CA$508.48 Million | CA$304.90 Million | ▼ -9.6 pp |
| 2002 | 63.6% | CA$213.22 Million | CA$335.32 Million | CA$483.01 Million | CA$269.79 Million | ▼ -5.8 pp |
| 2001 | 69.4% | CA$218.13 Million | CA$314.25 Million | CA$444.27 Million | CA$226.14 Million | ▼ -19.2 pp |
| 2000 | 88.6% | CA$193.41 Million | CA$218.21 Million | CA$427.99 Million | CA$234.58 Million | ▼ -5.8 pp |
| 1999 | 94.4% | CA$191.70 Million | CA$203.10 Million | CA$385.90 Million | CA$194.20 Million | ▲ +15.3 pp |
| 1998 | 79.1% | CA$145.20 Million | CA$183.60 Million | CA$336.20 Million | CA$191.00 Million | ▼ -9.6 pp |
| 1997 | 88.7% | CA$138.20 Million | CA$155.80 Million | CA$348.90 Million | CA$210.70 Million | ▼ -7.3 pp |
| 1996 | 96.0% | CA$96.30 Million | CA$100.30 Million | CA$249.30 Million | CA$153.00 Million | ▲ +6.9 pp |
| 1995 | 89.1% | CA$71.00 Million | CA$79.70 Million | CA$206.40 Million | CA$135.40 Million | ▼ -9.7 pp |
| 1994 | 98.8% | CA$63.70 Million | CA$64.50 Million | CA$164.90 Million | CA$101.20 Million | ▼ -30.9 pp |
| 1993 | 129.7% | CA$63.40 Million | CA$48.90 Million | CA$118.50 Million | CA$55.10 Million | — |