Vecima Networks Inc. (VCM) — Working Capital to Net Assets Ratio
Vecima Networks Inc. (VCM) has a Working Capital to Net Assets ratio of 23.2% as of December 2025. Working capital of CA$49.25 Million (current assets of CA$140.47 Million minus current liabilities of CA$91.21 Million) is measured against net assets of CA$212.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Vecima Networks Inc. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vecima Networks Inc. Working Capital to Net Assets (2004–2025)
This chart shows how Vecima Networks Inc.'s Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 23.2%, reflecting working capital of CA$49.25 Million against net assets of CA$212.15 Million CAD. Check tangible equity quality of Vecima Networks Inc. to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Vecima Networks Inc. (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vecima Networks Inc. from 2004 to 2025, covering 22 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 Vecima Networks Inc. (VCM) total market value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 24.0% | CA$51.16 Million | CA$213.57 Million | CA$147.52 Million | CA$96.36 Million | ▼ -12.2 pp |
| 2024 | 36.1% | CA$84.86 Million | CA$234.96 Million | CA$217.58 Million | CA$132.72 Million | ▼ -2.3 pp |
| 2023 | 38.4% | CA$83.67 Million | CA$217.65 Million | CA$178.47 Million | CA$94.81 Million | ▲ +5.9 pp |
| 2022 | 32.6% | CA$58.57 Million | CA$179.73 Million | CA$121.50 Million | CA$62.92 Million | ▲ +7.0 pp |
| 2021 | 25.6% | CA$44.79 Million | CA$174.92 Million | CA$77.70 Million | CA$32.91 Million | ▼ -5.1 pp |
| 2020 | 30.8% | CA$55.28 Million | CA$179.76 Million | CA$79.67 Million | CA$24.39 Million | ▼ -1.5 pp |
| 2019 | 32.2% | CA$58.29 Million | CA$180.77 Million | CA$75.14 Million | CA$16.85 Million | ▼ -8.6 pp |
| 2018 | 40.9% | CA$77.40 Million | CA$189.28 Million | CA$94.89 Million | CA$17.48 Million | ▼ -19.7 pp |
| 2017 | 60.6% | CA$110.46 Million | CA$182.24 Million | CA$120.00 Million | CA$9.54 Million | ▲ +5.5 pp |
| 2016 | 55.1% | CA$93.22 Million | CA$169.04 Million | CA$106.79 Million | CA$13.57 Million | ▼ -0.9 pp |
| 2015 | 56.0% | CA$84.79 Million | CA$151.32 Million | CA$97.20 Million | CA$12.42 Million | ▲ +3.9 pp |
| 2014 | 52.1% | CA$72.69 Million | CA$139.47 Million | CA$86.01 Million | CA$13.32 Million | ▲ +3.7 pp |
| 2013 | 48.5% | CA$66.46 Million | CA$137.15 Million | CA$79.25 Million | CA$12.79 Million | ▼ -2.0 pp |
| 2012 | 50.4% | CA$70.71 Million | CA$140.24 Million | CA$87.71 Million | CA$16.99 Million | ▲ +16.8 pp |
| 2011 | 33.6% | CA$42.68 Million | CA$127.01 Million | CA$60.23 Million | CA$17.55 Million | ▼ -4.1 pp |
| 2010 | 37.7% | CA$47.93 Million | CA$127.18 Million | CA$70.72 Million | CA$22.79 Million | ▼ -2.5 pp |
| 2009 | 40.2% | CA$51.80 Million | CA$128.86 Million | CA$66.52 Million | CA$14.71 Million | ▼ -4.4 pp |
| 2008 | 44.6% | CA$51.71 Million | CA$115.96 Million | CA$74.95 Million | CA$23.24 Million | ▲ +4.9 pp |
| 2007 | 39.7% | CA$43.61 Million | CA$109.92 Million | CA$55.63 Million | CA$12.02 Million | ▼ -19.7 pp |
| 2006 | 59.4% | CA$45.40 Million | CA$76.41 Million | CA$53.20 Million | CA$7.80 Million | ▲ +21.7 pp |
| 2005 | 37.8% | CA$14.55 Million | CA$38.53 Million | CA$28.95 Million | CA$14.41 Million | ▲ +10.7 pp |
| 2004 | 27.0% | CA$7.69 Million | CA$28.45 Million | CA$20.00 Million | CA$12.31 Million | — |