Wheaton Precious Metals Corp (WPM) — Working Capital to Net Assets Ratio
Wheaton Precious Metals Corp (WPM) has a Working Capital to Net Assets ratio of -1.5% as of June 2026. Working capital of CA$-149.14 Million (current assets of CA$130.16 Million minus current liabilities of CA$279.31 Million) is measured against net assets of CA$9.69 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Wheaton Precious Metals Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wheaton Precious Metals Corp Working Capital to Net Assets (1998–2025)
This chart shows how Wheaton Precious Metals Corp's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at -1.5%, reflecting working capital of CA$-149.14 Million against net assets of CA$9.69 Billion CAD. For the complete balance sheet picture, see WPM asset base.
Annual Working Capital to Net Assets for Wheaton Precious Metals Corp (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wheaton Precious Metals Corp from 1998 to 2025, covering 28 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 WPM financial resilience 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 | 12.1% | CA$1.05 Billion | CA$8.67 Billion | CA$1.20 Billion | CA$154.41 Million | ▲ +1.1 pp |
| 2024 | 11.0% | CA$798.58 Million | CA$7.26 Billion | CA$828.08 Million | CA$29.50 Million | ▲ +3.3 pp |
| 2023 | 7.7% | CA$541.34 Million | CA$6.99 Billion | CA$567.41 Million | CA$26.07 Million | ▼ -2.5 pp |
| 2022 | 10.3% | CA$689.38 Million | CA$6.72 Billion | CA$720.09 Million | CA$30.72 Million | ▲ +6.7 pp |
| 2021 | 3.5% | CA$220.03 Million | CA$6.25 Billion | CA$249.72 Million | CA$29.69 Million | ▲ +0.5 pp |
| 2020 | 3.0% | CA$170.66 Million | CA$5.71 Billion | CA$201.83 Million | CA$31.17 Million | ▲ +1.3 pp |
| 2019 | 1.7% | CA$90.05 Million | CA$5.33 Billion | CA$154.75 Million | CA$64.70 Million | ▲ +0.7 pp |
| 2018 | 1.0% | CA$50.86 Million | CA$5.17 Billion | CA$79.70 Million | CA$28.84 Million | ▼ -0.9 pp |
| 2017 | 1.9% | CA$91.27 Million | CA$4.90 Billion | CA$103.42 Million | CA$12.14 Million | ▼ -0.3 pp |
| 2016 | 2.2% | CA$109.03 Million | CA$4.94 Billion | CA$128.09 Million | CA$19.06 Million | ▼ 0.0 pp |
| 2015 | 2.2% | CA$93.31 Million | CA$4.15 Billion | CA$105.88 Million | CA$12.57 Million | ▼ -6.6 pp |
| 2014 | 8.9% | CA$322.32 Million | CA$3.63 Billion | CA$338.49 Million | CA$16.17 Million | ▲ +6.5 pp |
| 2013 | 2.4% | CA$80.15 Million | CA$3.37 Billion | CA$101.29 Million | CA$21.13 Million | ▼ -21.3 pp |
| 2012 | 23.7% | CA$735.92 Million | CA$3.11 Billion | CA$785.38 Million | CA$49.46 Million | ▲ +19.9 pp |
| 2011 | 3.8% | CA$63.82 Million | CA$1.67 Billion | CA$233.47 Million | CA$169.65 Million | ▼ -7.9 pp |
| 2010 | 11.7% | CA$265.12 Million | CA$2.26 Billion | CA$436.45 Million | CA$171.33 Million | ▲ +8.0 pp |
| 2009 | 3.7% | CA$64.15 Million | CA$1.72 Billion | CA$233.47 Million | CA$169.32 Million | ▲ +6.5 pp |
| 2008 | -2.8% | CA$-24.68 Million | CA$888.02 Million | CA$8.70 Million | CA$33.38 Million | ▲ +0.2 pp |
| 2007 | -3.0% | CA$-23.25 Million | CA$782.23 Million | CA$11.70 Million | CA$34.94 Million | ▼ -9.2 pp |
| 2006 | 6.2% | CA$39.99 Million | CA$641.54 Million | CA$61.35 Million | CA$21.35 Million | ▼ -38.7 pp |
| 2005 | 44.9% | CA$118.70 Million | CA$264.19 Million | CA$120.66 Million | CA$1.96 Million | ▲ +33.2 pp |
| 2004 | 11.7% | CA$18.12 Million | CA$154.43 Million | CA$20.68 Million | CA$2.56 Million | ▼ -74.5 pp |
| 2003 | 86.2% | CA$365.20K | CA$423.71K | CA$424.14K | CA$58.94K | ▲ +23.1 pp |
| 2002 | 63.1% | CA$287.69K | CA$455.93K | CA$326.33K | CA$38.64K | ▲ +18.7 pp |
| 2001 | 44.4% | CA$257.98K | CA$580.42K | CA$303.15K | CA$45.17K | ▲ +0.0 pp |
| 2000 | 44.4% | CA$274.61K | CA$618.52K | CA$342.31K | CA$67.70K | ▼ -22.3 pp |
| 1999 | 66.7% | CA$402.01K | CA$603.01K | CA$469.01K | CA$67.00K | ▲ +0.0 pp |
| 1998 | 66.7% | CA$382.17K | CA$573.25K | CA$445.86K | CA$63.69K | — |