Western Resources Corp (WRX) — Working Capital to Net Assets Ratio
Western Resources Corp (WRX) has a Working Capital to Net Assets ratio of -10.6% as of June 2024. Working capital of CA$-25.75 Million (current assets of CA$1.44 Million minus current liabilities of CA$27.19 Million) is measured against net assets of CA$242.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Western Resources Corp balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Western Resources Corp Working Capital to Net Assets (2007–2023)
This chart shows how Western Resources Corp's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2007 to 2023. As of June 2024, the ratio stands at -10.6%, reflecting working capital of CA$-25.75 Million against net assets of CA$242.88 Million CAD. Check WRX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Western Resources Corp (2007–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Western Resources Corp from 2007 to 2023, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Western Resources Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 0.0% | CA$-100.19K | CA$245.71 Million | CA$13.69 Million | CA$13.79 Million | ▼ -9.3 pp |
| 2022 | 9.3% | CA$22.39 Million | CA$241.41 Million | CA$36.77 Million | CA$14.38 Million | ▲ +31.9 pp |
| 2021 | -22.6% | CA$-36.36 Million | CA$160.84 Million | CA$9.08 Million | CA$45.44 Million | ▲ +4.5 pp |
| 2020 | -27.1% | CA$-45.91 Million | CA$169.17 Million | CA$11.17 Million | CA$57.08 Million | ▼ -19.0 pp |
| 2019 | -8.2% | CA$-13.35 Million | CA$163.10 Million | CA$9.33 Million | CA$22.68 Million | ▼ -35.4 pp |
| 2018 | 27.2% | CA$40.90 Million | CA$150.23 Million | CA$42.37 Million | CA$1.47 Million | ▼ -13.5 pp |
| 2017 | 40.7% | CA$60.41 Million | CA$148.28 Million | CA$60.57 Million | CA$161.69K | ▼ -7.1 pp |
| 2016 | 47.8% | CA$71.49 Million | CA$149.48 Million | CA$71.79 Million | CA$298.98K | ▼ -7.8 pp |
| 2015 | 55.6% | CA$86.51 Million | CA$155.63 Million | CA$89.01 Million | CA$2.51 Million | ▲ +31.2 pp |
| 2014 | 24.3% | CA$20.18 Million | CA$82.92 Million | CA$20.47 Million | CA$288.87K | ▼ -7.9 pp |
| 2013 | 32.2% | CA$28.66 Million | CA$88.96 Million | CA$29.04 Million | CA$386.71K | ▲ +26.8 pp |
| 2012 | 5.5% | CA$3.42 Million | CA$62.69 Million | CA$4.49 Million | CA$1.07 Million | ▼ -24.7 pp |
| 2011 | 30.2% | CA$23.52 Million | CA$77.99 Million | CA$24.33 Million | CA$809.13K | ▲ +12.5 pp |
| 2010 | 17.6% | CA$6.87 Million | CA$38.99 Million | CA$7.48 Million | CA$607.46K | ▼ -31.2 pp |
| 2009 | 48.9% | CA$20.66 Million | CA$42.29 Million | CA$21.62 Million | CA$952.67K | ▼ -26.0 pp |
| 2008 | 74.8% | CA$33.37 Million | CA$44.59 Million | CA$34.46 Million | CA$1.09 Million | ▼ -18.0 pp |
| 2007 | 92.8% | CA$4.84 Million | CA$5.22 Million | CA$4.94 Million | CA$98.23K | — |