Clean Air Metals Inc (AIR) — Working Capital to Net Assets Ratio
Clean Air Metals Inc (AIR) has a Working Capital to Net Assets ratio of -8.3% as of April 2026. Working capital of CA$-2.68 Million (current assets of CA$912.89K minus current liabilities of CA$3.60 Million) is measured against net assets of CA$32.26 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See AIR days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Clean Air Metals Inc Working Capital to Net Assets (2019–2026)
This chart shows how Clean Air Metals Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2019 to 2026. As of April 2026, the ratio stands at -8.3%, reflecting working capital of CA$-2.68 Million against net assets of CA$32.26 Million CAD. For the complete balance sheet picture, see Clean Air Metals Inc balance sheet assets.
Annual Working Capital to Net Assets for Clean Air Metals Inc (2019–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Clean Air Metals Inc from 2019 to 2026, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read AIR total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -7.0% | CA$-2.28 Million | CA$32.60 Million | CA$1.34 Million | CA$3.62 Million | ▼ -7.5 pp |
| 2025 | 0.5% | CA$184.61K | CA$33.89 Million | CA$4.20 Million | CA$4.02 Million | ▼ -8.4 pp |
| 2024 | 9.0% | CA$3.20 Million | CA$35.73 Million | CA$6.68 Million | CA$3.48 Million | ▼ -21.1 pp |
| 2023 | 30.1% | CA$11.68 Million | CA$38.86 Million | CA$12.31 Million | CA$623.65K | ▲ +35.3 pp |
| 2022 | -5.3% | CA$-1.63 Million | CA$31.03 Million | CA$1.32 Million | CA$2.95 Million | ▼ -29.6 pp |
| 2021 | 24.4% | CA$5.66 Million | CA$23.22 Million | CA$7.59 Million | CA$1.92 Million | ▼ -75.6 pp |
| 2020 | 100.0% | CA$1.27 Million | CA$1.27 Million | CA$1.96 Million | CA$693.11K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$683.61K | CA$683.61K | CA$721.06K | CA$37.45K | — |