Alpha Exploration Ltd Working Capital to Net Assets Ratio
Alpha Exploration Ltd working capital to net assets ratio. Alpha Exploration Ltd (ALEX) has a Working Capital to Net Assets ratio of 7.4% as of September 2025. Working capital of CA$1.33 Million (current assets of CA$1.73 Million minus current liabilities of CA$395.82K) is measured against net assets of CA$17.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Alpha Exploration Ltd to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Alpha Exploration Ltd (2020–2024)
Working capital to net assets ratio of Alpha Exploration Ltd from 2020 to 2024. This chart shows how Alpha Exploration Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 7.4%, reflecting working capital of CA$1.33 Million against net assets of CA$17.97 Million CAD. See ALEX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Alpha Exploration Ltd Working Capital to Net Assets Ratio by Year (2020–2024)
Alpha Exploration Ltd working capital to net assets ratio by year from 2020 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Alpha Exploration Ltd from 2020 to 2024, covering 5 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 the complete balance sheet picture, see ALEX total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 2.7% | CA$438.25K | CA$15.98 Million | CA$1.16 Million | CA$720.93K | ▼ -11.5 pp |
| 2023 | 14.3% | CA$2.11 Million | CA$14.77 Million | CA$3.25 Million | CA$1.15 Million | ▲ +17.2 pp |
| 2022 | -2.9% | CA$-267.75K | CA$9.21 Million | CA$145.85K | CA$413.61K | ▼ -5.2 pp |
| 2021 | 2.3% | CA$167.95K | CA$7.30 Million | CA$946.69K | CA$778.74K | ▼ -15.8 pp |
| 2020 | 18.1% | CA$905.95K | CA$4.99 Million | CA$1.90 Million | CA$995.47K | — |