5N Plus Inc. (VNP) — Working Capital to Net Assets Ratio
5N Plus Inc. (VNP) has a Working Capital to Net Assets ratio of 99.4% as of March 2026. Working capital of CA$215.54 Million (current assets of CA$342.79 Million minus current liabilities of CA$127.25 Million) is measured against net assets of CA$216.95 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 5N Plus Inc. (VNP) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
5N Plus Inc. Working Capital to Net Assets (2005–2025)
This chart shows how 5N Plus Inc.'s Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 99.4%, reflecting working capital of CA$215.54 Million against net assets of CA$216.95 Million CAD. Check 5N Plus Inc. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for 5N Plus Inc. (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for 5N Plus Inc. from 2005 to 2025, covering 20 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 5N Plus Inc. (VNP) total market value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 96.9% | CA$192.52 Million | CA$198.60 Million | CA$301.63 Million | CA$109.10 Million | ▼ -15.9 pp |
| 2024 | 112.9% | CA$156.91 Million | CA$139.02 Million | CA$217.40 Million | CA$60.48 Million | ▲ +35.0 pp |
| 2023 | 77.9% | CA$100.16 Million | CA$128.59 Million | CA$181.96 Million | CA$81.81 Million | ▼ -32.3 pp |
| 2022 | 110.2% | CA$124.32 Million | CA$112.78 Million | CA$187.16 Million | CA$62.85 Million | ▲ +14.5 pp |
| 2021 | 95.8% | CA$130.46 Million | CA$136.25 Million | CA$195.52 Million | CA$65.06 Million | ▼ -0.8 pp |
| 2020 | 96.6% | CA$114.34 Million | CA$118.38 Million | CA$150.90 Million | CA$36.55 Million | ▲ +4.8 pp |
| 2019 | 91.8% | CA$107.70 Million | CA$117.30 Million | CA$144.71 Million | CA$37.02 Million | ▲ +13.8 pp |
| 2018 | 78.0% | CA$93.36 Million | CA$119.70 Million | CA$159.28 Million | CA$65.92 Million | ▼ -13.6 pp |
| 2017 | 91.6% | CA$96.58 Million | CA$105.43 Million | CA$165.23 Million | CA$68.65 Million | ▲ +3.6 pp |
| 2016 | 88.0% | CA$77.93 Million | CA$88.51 Million | CA$144.06 Million | CA$66.13 Million | ▼ -9.1 pp |
| 2015 | 97.1% | CA$93.87 Million | CA$96.62 Million | CA$139.65 Million | CA$45.78 Million | ▼ -19.7 pp |
| 2014 | 116.9% | CA$229.56 Million | CA$196.44 Million | CA$297.55 Million | CA$67.99 Million | ▲ +19.9 pp |
| 2013 | 97.0% | CA$184.75 Million | CA$190.53 Million | CA$271.61 Million | CA$86.86 Million | ▼ -28.7 pp |
| 2012 | 125.7% | CA$186.65 Million | CA$148.47 Million | CA$291.44 Million | CA$104.79 Million | ▲ +25.8 pp |
| 2011 | 99.9% | CA$339.39 Million | CA$339.71 Million | CA$490.78 Million | CA$151.38 Million | ▲ +35.4 pp |
| 2010 | 64.5% | CA$231.47 Million | CA$358.82 Million | CA$502.70 Million | CA$271.23 Million | ▼ -13.3 pp |
| 2009 | 77.8% | CA$92.71 Million | CA$119.11 Million | CA$98.16 Million | CA$5.46 Million | ▼ -2.8 pp |
| 2008 | 80.6% | CA$83.08 Million | CA$103.09 Million | CA$92.91 Million | CA$9.83 Million | ▲ +2.0 pp |
| 2007 | 78.6% | CA$72.33 Million | CA$92.08 Million | CA$83.75 Million | CA$11.42 Million | ▲ +67.8 pp |
| 2005 | 10.8% | CA$391.53K | CA$3.63 Million | CA$5.34 Million | CA$4.95 Million | — |