AM Resources Corp (AMR) — Working Capital to Net Assets Ratio
AM Resources Corp (AMR) has a Working Capital to Net Assets ratio of -230.4% as of September 2023. Working capital of CA$-394.35K (current assets of CA$395.10K minus current liabilities of CA$789.45K) is measured against net assets of CA$171.19K. A higher ratio indicates strong short-term liquidity financed by the equity base. See AM Resources Corp (AMR) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AM Resources Corp Working Capital to Net Assets (2016–2022)
This chart shows how AM Resources Corp's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at -230.4%, reflecting working capital of CA$-394.35K against net assets of CA$171.19K CAD. Check tangible equity quality of AM Resources Corp to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for AM Resources Corp (2016–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for AM Resources Corp from 2016 to 2022, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see AMR stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -54.2% | CA$-250.24K | CA$462.09K | CA$286.09K | CA$536.33K | ▼ -52.9 pp |
| 2021 | -1.3% | CA$-7.74K | CA$596.66K | CA$446.28K | CA$454.02K | ▲ +112.2 pp |
| 2020 | -113.5% | CA$-1.67 Million | CA$1.47 Million | CA$808.03K | CA$2.48 Million | ▼ -60.4 pp |
| 2019 | -53.2% | CA$-1.12 Million | CA$2.11 Million | CA$584.70K | CA$1.70 Million | ▼ -58.5 pp |
| 2018 | 5.3% | CA$139.49K | CA$2.63 Million | CA$1.48 Million | CA$1.34 Million | ▼ -4.5 pp |
| 2017 | 9.8% | CA$117.84K | CA$1.20 Million | CA$385.47K | CA$267.63K | ▲ +4.1 pp |
| 2016 | 5.7% | CA$89.31K | CA$1.58 Million | CA$234.75K | CA$145.44K | — |