Toromont Industries Ltd. (TIH) — 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. See Toromont Industries Ltd. (TIH) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Toromont Industries Ltd. Working Capital to Net Assets (1993–2024)
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 operational self-sufficiency of Toromont Industries Ltd. to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Toromont Industries Ltd. (1993–2024)
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 live market cap and the full company profile, see Toromont Industries Ltd. stock valuation.
| 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 | — |