Tourmaline Oil Corp. (TOU) — Working Capital to Net Assets Ratio
Tourmaline Oil Corp. (TOU) has a Working Capital to Net Assets ratio of -1.5% as of March 2026. Working capital of CA$-232.17 Million (current assets of CA$1.66 Billion minus current liabilities of CA$1.90 Billion) is measured against net assets of CA$15.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tourmaline Oil Corp. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tourmaline Oil Corp. Working Capital to Net Assets (2009–2025)
This chart shows how Tourmaline Oil Corp.'s Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at -1.5%, reflecting working capital of CA$-232.17 Million against net assets of CA$15.96 Billion CAD. For the complete balance sheet picture, see Tourmaline Oil Corp. balance sheet assets.
Annual Working Capital to Net Assets for Tourmaline Oil Corp. (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tourmaline Oil Corp. from 2009 to 2025, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Tourmaline Oil Corp. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2.7% | CA$-419.31 Million | CA$15.44 Billion | CA$1.98 Billion | CA$2.40 Billion | ▼ -1.6 pp |
| 2024 | -1.1% | CA$-167.62 Million | CA$15.54 Billion | CA$1.35 Billion | CA$1.52 Billion | ▲ +1.0 pp |
| 2023 | -2.1% | CA$-298.28 Million | CA$14.02 Billion | CA$1.30 Billion | CA$1.59 Billion | ▼ -8.0 pp |
| 2022 | 5.9% | CA$809.45 Million | CA$13.69 Billion | CA$2.25 Billion | CA$1.44 Billion | ▲ +9.0 pp |
| 2021 | -3.1% | CA$-361.03 Million | CA$11.61 Billion | CA$689.72 Million | CA$1.05 Billion | ▼ -4.3 pp |
| 2020 | 1.2% | CA$111.74 Million | CA$9.28 Billion | CA$629.47 Million | CA$517.73 Million | ▲ +3.1 pp |
| 2019 | -1.9% | CA$-152.99 Million | CA$7.97 Billion | CA$285.09 Million | CA$438.08 Million | ▲ +1.1 pp |
| 2018 | -3.0% | CA$-228.40 Million | CA$7.57 Billion | CA$313.93 Million | CA$542.33 Million | ▲ +0.0 pp |
| 2017 | -3.0% | CA$-219.17 Million | CA$7.22 Billion | CA$299.47 Million | CA$518.63 Million | ▲ +0.3 pp |
| 2016 | -3.3% | CA$-223.78 Million | CA$6.77 Billion | CA$212.76 Million | CA$436.54 Million | ▲ +1.4 pp |
| 2015 | -4.7% | CA$-247.39 Million | CA$5.23 Billion | CA$230.07 Million | CA$477.46 Million | ▼ -0.5 pp |
| 2014 | -4.3% | CA$-189.93 Million | CA$4.45 Billion | CA$513.25 Million | CA$703.18 Million | ▲ +3.0 pp |
| 2013 | -7.3% | CA$-245.31 Million | CA$3.37 Billion | CA$143.12 Million | CA$388.44 Million | ▼ -3.7 pp |
| 2012 | -3.6% | CA$-98.91 Million | CA$2.73 Billion | CA$127.00 Million | CA$225.91 Million | ▲ +2.9 pp |
| 2011 | -6.5% | CA$-146.32 Million | CA$2.24 Billion | CA$66.39 Million | CA$212.71 Million | ▼ -4.1 pp |
| 2010 | -2.4% | CA$-37.59 Million | CA$1.55 Billion | CA$143.36 Million | CA$180.94 Million | ▼ -20.2 pp |
| 2009 | 17.8% | CA$161.51 Million | CA$908.96 Million | CA$248.45 Million | CA$86.94 Million | — |